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Instead or arresting public value to rebalance the books what if the bond market was arrested instead? I do not mean send in the squat team and pull the plug as a sudden crash here is not good, but isolate and wind down the use of bonds in generating public revenue. Basically a bond is a loan and works like gold in building an economy by establishing a level of trust and security. The effect bonds have is to grow an economy, while things are growing all is good but to reach a sustainable economy the compounding effects of interest is detrimental to economic stability.
Bitcoin has shown that an economy does not have to be built on bonds, but it does have to be built on trust if it is to work. I am sure there are many other methods governments can use to manage the cash flow in society, as for finding a practical answer that most can agree on is the tough part.
That would be funny to anyone except a Vietnam vet.
Keep some cash on hand people - 100's if not 1,000's if you can.
It could be a long "holiday" coming our way.
reply to post by olaru12
reply to post by seeker1963
Hey Seeker how you been? I think everyone is already in a "knee pad business" when it comes to the banks.