08-13-2021, 09:31 PM
(08-13-2021, 03:31 PM)Ashim Wrote: The goal of the system is to transfer all wealth to the top of the pyramid.
Yes, I learned that money is created as debt. And there is never enough money to repay both the debt plus the interest. And who owns all this debt? Debt to who? It's curious how virtually all nations can have a national debt. It means that there are international bankers at the top of the money pyramid to whom the money is being sucked.
And the vast majority of money is created by commercial banks, not by governments. I think this will change with the introduction of central bank digital currencies (CBDCs). And with automation increasing rapidly there will be the need for a universal basic income (UBI). A UBI I see as a necessary solution that should only be temporary.
I first thought that Bill Gates' idea of a robot tax was good. Then I realized that with a robot tax there will still be only a wealthy elite who owns the means of production while more and more people will have to rely on a UBI. Not good. So what needs to happen in the long run, and will happen according to Ray Kurzweil, is that technology becomes extremely advanced and also dirt cheap, which fortunately is an inexorable trend throughout history. This means that in the future the need for obligatory money can, and I think will be, removed. And soon historically speaking, within just a few decades from today.