If You Have The Ability to Create Your Own Currency, How Can You Ever Be Broke?

[Boetie]

98. I believe the that the very topic

sentence to the original post is "If You Have The Ability to Create Your Own Currency, How Can You Ever Be Broke?" and my answer to this idiotic question is implicit in my question. What would happen if, rather than work and exchange value for value with others, that people simply printed "money" and tried to con others into taking it? Look, you can make IOU's with people, and they will take them up to a point. At some point though, you cannot print any more than others perceive your ability to re-pay. Hell, you can even try to make IOU's on the original IOU's right? At some point you have to actually produce something that others value or you yourself value. In other words, at some point YOU HAVE TO WORK. This seems very simple, and I'm not sure why so many people struggle with this idea. Maybe the economy of a country is so large and complex that people can't see the forest for the trees.

And, I have a friend that has a lot of money and he worked his ass off to get it by building a business out of his bedroom, so I'm not sure why you think you either are qualified to make those kinds of statements or if you actually have evidence. Sure, some spoiled brats get money handed to them. Some people are CEO's of companies that, rather than compete and work harder in the market they use the gun of government to legislate their profits into existence AT OUR EXPENSE or are very good at "competing" for government contracts. And some worked their ass off (contrary to what our dear leader may think). Maybe you should look at exactly who are in the hated 1% and try and uncover who they are and how they got there, and maybe you should try to make some important distinctions, and start seriously analyzing cause and effect. I mean no condescension either. It is important to make distinctions, especially when it comes to understanding voluntary society and the state.