Oh! I love that analogy! Indeed, it's similar, but morons would think the issue is not the finger but the body that is completely broken.
In my country I see so many complaining that the state is too big, that the money is used to sustain and subsidize things nobody wants... and then I ask them, who do you vote for? And they always end up voting for the same guys that have been in power for decades and decades now, and that got us into a high debt/GDP, and that have taxed our economy all the way to the basement.
If you vote for the same don't expect a different result...
Problem is it doesn't matter who you vote for, because any political party that has a chance of winning is controlled by financiers.
The only real solution is opting out of traditional finance and building a new economy based on crypto.
Fix the money, fix the world.
If government needs to be involved with money, all it needs to do is define the standard defining 1 unit of money. Gold/silver were good for this. As long as a Nigerian had enough Brazilian Au/Ag to pay an Indian for an item, that was OK.
Yeah, ever since we went off the gold standard the countdown has been ticking.
Early on we saw increased growth because we went off the gold standard and we started to allow useless paper money to be traded, but every issue we are now seeing is a result of that, a result of "getting value from the future"... Governments going into debt to keep useless jobs in place to show people that the unemployment rate is low, prices of houses sky high, low birth rate, high immigration, single parenthood, divorce rate sky high, social media culture, OnlyFans culture...
Fix the money, fix the world...
I don't see us easily going back to the gold standard, people in power and not in power will fight it. I honestly think if we don't achieve exponential growth caused by the AGI we will probably end up in a class wars unlike we've ever seen...
When it comes to $$, sometimes it's necessary to learn lessons the hard way. For what we want, it will be necessary for the system 2collapse before we can start from scratch & practice proven principles of sound money. There's no other way.
pretty much it
you are absolutely right
Even if the people vote for a different chief executive (president, prime minister, etc.) but keep voting for legislators of the same party as the troublemakers, that's still a problem. Other things need to be done; this is only a start.
also true
👍