Taxpayers have become redundant

Originally posted by stander

Actually it is a duty of every American to burn some of his or her cash.

You mean physically get rid of it like it was useless and not actually spend it right?

Or just leave it in the bank and write off a certain percentage of it, like say 33% or 50% (Or 90%) of it and pretend that it never existed to begin with.

So the actual value of your credits on file with the bank diminishes without you actually having to spend them. It seems almost more efficient for you to forget about your credits and write off 1/2 of them than to actually have to run down to the bank and withdraw 1/2 of them so that you can spend them.

Leaving your credits in place to lose value almost seems like the wiser move. Easier and less risky for sure. I mean if you actually buy something you may not have gotton the very best deal on the planet. God forbid if you don't get the full value of what you've you got comming to you.



[edit on 30-7-2009 by In nothing we trust]

Originally posted by In nothing we trust

Originally posted by stander

Actually it is a duty of every American to burn some of his or her cash.

You mean physically get rid of it like it was useless and not actually spend it right?

Or just leave it in the bank and write off a certain percentage of it, like say 33% or 50% (Or 90%) of it and pretend that it never existed to begin with.

No, you can't leave it in the bank, coz the banker loans it. The best thing is to put it under the matress. This way, the cash is off the circulation but not destroyed. One may point out that the matress doesn't pay any interest and the money under it is vulnerable to the inflation. But since removing the money from the circulation keeps the inflation down -- if things are the way Rockpuck suggested -- your money under the matress don't depreciate.