The Fatal Flaw of The Debt Money System

The US has had a number of financial systems. The central banking lizard model installed in 1913 has already been rebooted numerous times. The current version "globalism" has a pretty severe flaw. Since it's a debt money system, it requires a constant expansion of the money supply to function. Consequently it needs a constant expansion of "markets", really it needs things that can soak up the confetti money at the rate it's produced. Tech and investment in undeveloped areas of the world are ideal for soaking up confetti money.

The makework activities of tech--building new generations of electronics shit and new software, or the most makework activity of all--data mining--are really good for soaking up confetti money. Electronics gadgets aren't really resource intensive. They're human labor intensive, but they don't require too much energy or raw materials to produce compared to industrial goods or infrastructure. Software and data analysis require a minimal amount of energy, and just require some minion to do the typewriter monkey impression 40 hours a week.

The debt money system relies on people being totally passive and following along with this retarded, shitty system. It requires them to not wake up that the new iphone is no better than the previous iphone. It requires them to not realize that it's stupid to buy a new car, and that drinking apple juice from China is like drinking a glass of poison.

Since the system requires constant expansion, it's very sensitive to marginal and minority movements, like the truth community, or the alt-media or whatever you want to call it. Really only a relatively small handful of people have to wake up to how stupid it is to buy a new car, or how dumb it is to go into debt to get a college degree for the system to start to fall apart.

That said, the young people are the most likely to kill the system more from necessity than choice. It's really a generational con. Since wages haven't kept up with inflation, but asset prices have, it doesn't make much sense for the young generation to play. I don't think the system can adapt to accommodate them because it's inherently maladaptive. It's really like an old city with old infrastructure that's worthless.

The boomers who have pensions or savings basically have a bunch of paper claims on future production that can only be financed through further money-supply dilution. The future production would be made by young people who would have to work for relative slave wages for those claims to be realized.

Shills like Andrew Yang raise the specter of "automation" (like the 1933 Technocrats Magazine did) to try to keep the young people on the banker plantation. I doubt that propaganda will work.

The paper claims are going to be worthless. It's really hard to imagine, or try to game out different scenarios for how or when it unfolds, though.