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Crazy fuzzy math fix for the world's economy.

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posted on Jan, 27 2009 @ 11:20 AM
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I just had a crazy thought that I want to share. I will admit up front that I am not a math whiz and I know nothing about finances and how they work. This is just an attempt at a “logical” solution and before I get pummeled into the ground I want to state that I know that logic has no place in our government or their way of thinking. Disclaimer aside I think that I have the solution to the world’s financial problem; a real quick fix. Hear me out.

Our government has a plan that involves somewhere around 858 “billion” dollars of taxpayers money to fix our broken economies. I have been told that there are six billion people on this planet. I am not going to get into a debate on the exact number because for the case I am going to make it does not make a difference. My plan will save them over 800 billion and then some.

First we have to put a freeze on the price of everything everywhere. What ever anything cost it has to stay at that cost for at least ten years.

Second thing we have to do is not allow any new loans. Everyone will have to use only the money that they have and are not allowed to take any additional monies from anyone else.

Third. An account will be set up and all monies spent or accumulated will come from this account so no one will be able to steal money from another.

Fourth. Monies that belong to children will be placed in an account that no one but the child can touch when he/she is of the established age of maturity.

Now for the good part.

The government instead of giving the 858 billion to the people that screwed it up in the first place will give one billion to every person on the planet. Each person will pay off all of their debts returning all the supposed lost income to big business and return them to solvency. Now they have all of their out lay returned and should have no further complaints.

The money will have to go first to the paying off of all debt and no new debt will be allowed to be established. The rest of the money would go into savings.

We could fine tune it but you get the idea.

Okay guys that is it in a nut shell. Go ahead and tear it about. (IT! Not me; it is just a crazy idea, remember?)




posted on Jan, 27 2009 @ 11:25 AM
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brilliant.. no really it is.

one small problem... the logistics of the whole thing... you know getting the 5,999,999,998 other people to agree with it and actually implement it. Maybe one country at time... start with a small one.




posted on Jan, 27 2009 @ 11:25 AM
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Well, you offered an idea. No reason to bash you over it.

So, why do you feel we should spread our money to every person in the world?

What do you propose to pay off the 10-15 Trillion our government in addition to all the money other governments owe?

could ask many questions but we will go with these.



posted on Jan, 27 2009 @ 11:28 AM
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You have identified a more than likely workable solution and also revealed why it will never happen.

TPTB will never allow any form of economic equality to exist for it will take away the debt slavery system that keeps the current hierarchy in place. Granted that the people being able to pay off all their debt would solve the problem, then the people would not have as much material need that the overlords of the world want you to depend on them for.

It's a wonderful idea you have, but until you are calling the shots on where the money goes it will never happen. The people need to learn how to control the money first, which they have all placed in other peoples hands. The other people have taken advantage of it and used it to enslave its rightful owners.

[edit on 27-1-2009 by ben91069]



posted on Jan, 27 2009 @ 11:43 AM
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Originally posted by jam321
Well, you offered an idea. No reason to bash you over it.

So, why do you feel we should spread our money to every person in the world?

What do you propose to pay off the 10-15 Trillion our government in addition to all the money other governments owe?

could ask many questions but we will go with these.


How are they paying for it now? They claim that our economy is tied to the global economy. It will not work if it is not done on a global scale.

Why should we spread our money to every person in the world?

Because it would save us over 800 billion dollars to do so.



posted on Jan, 27 2009 @ 12:15 PM
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6 billion people on the planet.
1 billion dollars (value for the sake of simplicity)

That comes to a 6, with 18 zeros at the end. Thats 6 billion billion (6 quintillion). All of the worlds gross revenue combined doesnt come to that much. There is not that much value in gems and precious metals available. Therefore no basis for value. In the end, you roll the entire worlds economy back to a barter system versus a capital system. Essentially, the paper that my inkjet printer spits out holds the same value as the paper that the mint spits out in the end.

It would bring the entire world economy to a crashing halt. Thats not necessarily a bad thing. I like the Star Trek version of global economy. Everything is free, no one gets paid. Everyone lives and works together. Those who can work, are required to and those that cant are taken care of by the rest of the world. Its all very Marxist, on a global scale.

For your scenario, I do like the price freeze. However, that would also come with a wage freeze. I am not sure an intern would go for it, but a CEO or specialist would love it.

I think there is a better way of distribution as well. I will start by saying that I am not married and not a father and my scenario is acceptable. Distribution would only apply to heads of households. The amount distributed would be equated to the size of the family only at the time of census (to avoid a baby making crazy and polluting the overburdened population). Let there be a percentage "investment" into each household based on the number of mouths to feed.
(forgive me ladies for this traditional thinking)
A man with one standard wife and two children under the age of 18 (based on US standards for adulthood) would get a larger percentage of the disbursement than myself (single male with no dependents). The disbursement period would occur over 2 years at 6 month intervals and must be made payable into a valid banking account (for legal reference).

I agree that an account must be created for each dependent and set as a trust fund of sorts, protected and interest bearing, until the person reaches the legal age.

I would set the amount more modestly though. I would think that a base amount of 1 million, with a percentage increase of 18% per dependent would set up a family nicely for returning to the work and market places. With 1 million in a simple interest account, plus the amount made in the workplace, less a standardized across the board income tax of 17% annually (wage and interest income) would be satisfactory to pay off debt, live through recessive times, meet all basic needs and the trust accounts would guarantee every child in the world could afford both higher education and health care.
NOTE: the continued use of tax would be to resupply the government economy and offset income ratios. No longer would it need to be used to pay off fat-cat politicians and greed lobbyists.

Now, all you have to do is set up a UN sponsored agency that gets actively involved in teaching people how to spend wisely, save and invest and grow wealth.

Your plan is solid in its mission, just needs some tweaking. I of course do not make any assumption that my changes better or worsen the foundation of your plan. Its just my opinion on the matter.



posted on Jan, 27 2009 @ 01:19 PM
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very thoughtful, with the last bailout I thought it would be better to spread the 7 hundred billion into 200,000 dollar checks for the 350,000,000 residents of the united states. Put a 3/4 stipulation on the funds, 150,000 max going to previous debt and a 50,000 going to what ever tickles your fancy. Takes care of banks, stimulates economy, gives breathing room to the people affected by the housing crisis to pay up their mortgages and get out of loans they cannot pay back and helping first time home buyers the opportunity to put enough of a enough down on their first house to not get swallowed up in the loan.

Personally I think they should let it all come down so we can re-build our economy, social security, and health care in a manner that it actually benefits the public that is funding all three. Won't happen, but I would rather trust myself to not make bad financial decisions than the government. 400,000,000 for birth control, at this rate we're gonna need all the potential tax payers we can create to pay this debt off.

[edit on 27-1-2009 by Jnewell33]



posted on Jan, 27 2009 @ 01:24 PM
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Originally posted by wheresthetruth
6 billion people on the planet.
1 billion dollars (value for the sake of simplicity)

That comes to a 6, with 18 zeros at the end. Thats 6 billion billion (6 quintillion). All of the worlds gross revenue combined doesnt come to that much. There is not that much value in gems and precious metals available. Therefore no basis for value. In the end, you roll the entire worlds economy back to a barter system versus a capital system. Essentially, the paper that my inkjet printer spits out holds the same value as the paper that the mint spits out in the end.


I think it has about the same value right now.

Okay, I thank you for making the math a little less fuzzy but it could still work even if you brought the amounts down to a more realistic amount.

We have gone off the end of the dock and we are drowning. Only something really radical is going make a difference and I just don’t trust our governments to fix this problem in our best interest. If we have to start from scratch then let’s make the playing field even across the board and try to protect the naïve, the woefully ignorant (I fall in this category) and the innocent in the process.

It can be done.



posted on Jan, 27 2009 @ 01:44 PM
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1. My reaction to this thread is very similar to the reaction of the world leaders to Dr. Evil's demand for 1 billion, gagillion fafillion shabolubalu million illion yillion dollars in Goldmember.

2. Considering that I am opposed to socialism on a national level, as are most thinking Americans, why would any of us support the idea on a global level?

3. The money that the government is using for these "bailouts" is imaginary. Would the world's population really be interested in recieving imaginary money? If so, then I have a handfull of real magic beans to sell them which I'm confident they'll be impressed with...

Edit: I apologize if I came off as an ass in this post. I'm not trying to mock you, because at least you're thinking. The problem is, I'm getting tired of reading threads that suggest giving away money that we don't have. Whether it goes to the people or to the corporations is irrelevant at this point... the ultimate truth about it is that either way it's bullpies and involves huge sums of money we do not have and will most likely never have. This country has been the goose that lays the golden eggs since her creation... all I see today is our own leaders sharpening the hatchet for the corporations to use to cut off her head in hopes of grabbing a bunch of golden eggs all at once. Trouble is, after that we've got nothing but a dead, never to lay another golden egg, goose. Out of the ensuing morass we'll be fortunate if a sparrow that craps copper comes along ever again, let alone anything resembling the value of the goose.

[edit on 27-1-2009 by burdman30ott6]



posted on Jan, 27 2009 @ 02:28 PM
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Originally posted by burdman30ott6

Edit: I apologize if I came off as an ass in this post. I'm not trying to mock you, because at least you're thinking. The problem is, I'm getting tired of reading threads that suggest giving away money that we don't have. Whether it goes to the people or to the corporations is irrelevant at this point... the ultimate truth about it is that either way it's bullpies and involves huge sums of money we do not have and will most likely never have..........[edit on 27-1-2009 by burdman30ott6]


Look whether is real or not does not change the fact that this is what they are selling to us; all the people of the world. If it is fake then it let be fake in our favor and not in theirs. Fake or not it is going to come out of your pocket some way or another. We all agree that the system is broken. What we now have to agree on is a way to fix it that benefits the people and not government and big business.



posted on Jan, 27 2009 @ 02:31 PM
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Originally posted by NightSkyeB4Dawn
Okay guys that is it in a nut shell. Go ahead and tear it about. (IT! Not me; it is just a crazy idea, remember?)

Price fixes are a crap idea and never work. Even the Romans tried it. Didn't work then, won't now.



posted on Jan, 27 2009 @ 02:34 PM
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Originally posted by jBrereton

Originally posted by NightSkyeB4Dawn
Okay guys that is it in a nut shell. Go ahead and tear it about. (IT! Not me; it is just a crazy idea, remember?)

Price fixes are a crap idea and never work. Even the Romans tried it. Didn't work then, won't now.


So give it your best shot. What do you think will work?



posted on Jan, 27 2009 @ 02:38 PM
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Originally posted by NightSkyeB4Dawn
So give it your best shot. What do you think will work?

Let this thing run its course.

I can see why people would support the massive bailout ("oh man you can do anything with that kind of money!"), but the inflation which is going to result as a combination of a $1000 tax rebate for couples as well as the $800+ billion bailout is going to plague the value of the dollar for a long time after the bailout itself, and Pelosi's talk of this possibly being the first of many such initiatives is sounding worrying.



posted on Jan, 27 2009 @ 02:45 PM
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Originally posted by jBrereton
Pelosi's talk of this possibly being the first of many such initiatives is sounding worrying.


I heard Dick Morris interviewed last night and he said something that rings very true to me. He said (paraphrasing) that this isn't about rescuing the economy or bailing out troubled businesses and banks to Pelosi and the liberal vanguard. It is all about them seeing this economic disaster as a launching pad for 25 years worth of liberal policies and pet projects which the balance of power in Washington prevented them from getting done.



posted on Jan, 27 2009 @ 02:48 PM
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Originally posted by burdman30ott6

Originally posted by jBrereton
Pelosi's talk of this possibly being the first of many such initiatives is sounding worrying.


I heard Dick Morris interviewed last night and he said something that rings very true to me. He said (paraphrasing) that this isn't about rescuing the economy or bailing out troubled businesses and banks to Pelosi and the liberal vanguard. It is all about them seeing this economic disaster as a launching pad for 25 years worth of liberal policies and pet projects which the balance of power in Washington prevented them from getting done.

From what I've seen of it, it seems like a pretty sneaky way to line the pockets of those with money already when they'd otherwise be poorer. Print a load of notes, give people a massive rebate and watch as they pour it all into the economy (read big businesses) as well as giving poorly-run companies stacks of cash due to their ill-management of the situation. Eugh.



posted on Jan, 27 2009 @ 09:40 PM
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Originally posted by jBrereton

Originally posted by burdman30ott6

From what I've seen of it, it seems like a pretty sneaky way to line the pockets of those with money already when they'd otherwise be poorer. Print a load of notes, give people a massive rebate and watch as they pour it all into the economy (read big businesses) as well as giving poorly-run companies stacks of cash due to their ill-management of the situation. Eugh.


They are not being sneaky at all. They are being right up front with what they are doing and we are doing nothing to stop them.

Maybe it is time that we recalled a few of our representatives. Maybe it is time for them to come home so they can remember from whence they came.



posted on Jan, 28 2009 @ 12:07 AM
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I'll point out one major major flaw that kills your scenario.


A price freeze for years (which is bad to begin with) while giving a billion dollars to everyone.

Do you know what kind of horrible shortages that would cause? We would be living in grass huts with paper money flying around.



posted on Jan, 28 2009 @ 12:31 AM
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Originally posted by RetinoidReceptor
I'll point out one major major flaw that kills your scenario.


A price freeze for years (which is bad to begin with) while giving a billion dollars to everyone.

Do you know what kind of horrible shortages that would cause? We would be living in grass huts with paper money flying around.


Well that is not exactly what I had in mind. I was hoping that there would be some way we could go to ground zero and work up. After all debts where paid the excess would go into a savings with the interest paying back the money used.

There would still be the opportunity for creativity and growth but it could not be done through credit. No loans and no credit. You would have to earn everything that you purchase.

Of course due to the nature of man and the fact that greed and corruption would not be eradicated, there will always be those that end up with more than others. We would just have to find a way to make sure that we did not fall through the same traps that we fell through before.



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