General Discussion
In reply to the discussion: What is the Democratic Party solution to economic inequality? [View all]NM_Birder
(1,591 posts)to explain what the hell you were thinking, probably caught you off guard which is why you made up a lot of it as you went. You cannot devalue the currency, then "compensate" everybody...with what ?
the ideals and dreams you have, ...hold a certain imaginative utopian quality, to a certain degree, ....the method and reality you propose is pure fantasy. your new currency will be whichever forigen investor plants his flag first, your people just became someone else's slave labor and the promise of compensating credits won't get you any help. The military will be the first to be bought in the United States rummage sale, that animal can't function on equalizing compensation, and sure as hell can't survive without foreign traded materials.
like I said, get some financial advice before you do anything of any real consequence, you'll need it.