re: Anyone have an actual good alternative to the economic system we have created?

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You don't think insurance companies are financial institutions?

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Not in the credit lending sense which is what your initial false allegation referred.

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I am though, look it up

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Well, considering that you stated a few pages back that credit lending made up more than half of our economy, I'm not apt to lend you a bunch of credibility.

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Have you ever thought that we just haven't ever done it right? Everything starts somewhere and at sometime. Our middle class are being destroyed right now, give it 20 more years lol

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People have been trying to figure it out for at least the last 20,000 years and there's always been rich and poor. As of now, that divide is the lowest it's ever been. We're at least heading in the right direction.

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An actual economist would be great in this conversation. But no, I don't believe the money supply is limited. In fact, thanks to the recent tax cuts, I've been able to put that back into the economy and I see that infrastructure and manufacturing is revitalizing. Employment at historic lows, consumer confidence up, etc.

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What utopia do you live in? We are in the midst of a great wealth redistribution from the middle to the upper. Yes we have trumps tax cuts this year, then in a few years they go away while leaving the benefits for the rich. It doesn't matter how much wealth our poor has if it cost 10 dollars for a gallon of milk. Just in my life the price of a coke has doubled, DOUBLED lol thats crazy.

Also as i said before, just because we set the bar, doesn't mean it can't be risen.

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What I'm getting at is that I don't know how our money supply is limited. In fact, our economy seems poised to be as strong as ever. Further, while the rich continue to accumulate wealth, the bottom also does, and the BOTTOM bottom still has better stuff to try and rough it thanks to the market. So, no, we're still going to have donative individuals and entities (so long as the left doesn't destroy what's left of familial and faith-based values) thanks to our American system. It's not perfect, but it is the best yet.

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I'm curious to know what you think is gonna happen when we default on 20-30 trillion dollars of debt

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We are in the midst of a great wealth redistribution from the middle to the upper. Yes we have trumps tax cuts this year, then in a few years they go away while leaving the benefits for the rich

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I'm curious to know what you think is gonna happen when we default on 20-30 trillion dollars of debt

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I can't tell if you are a socialist or some sort of anarchist. I don't think you have a coherent argument for what you think.

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You don't think insurance companies are financial institutions?


Not in the credit lending sense which is what your initial false allegation referred.

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Whats the difference? You put your money in an account and the company who the account is with profits from your money sitting in their banks. Government policy has allowed these high interest bullshite accounts.

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Well, considering that you stated a few pages back that credit lending made up more than half of our economy, I'm not apt to lend you a bunch of credibility.

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Sorry I was obviously exaggerating and I meant the entire financial sector sorry for not stating it correctly

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Whats the difference? You put your money in an account and the company who the account is with profits from your money sitting in their banks. Government policy has allowed these high interest bullshite accounts.

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Insurance costs have gotten ridiculous, but if you can't see the value of insurance I don't know what to tell you. Also, interest rates are pretty much the lowest they've ever been in human history so I don't really understand what your bitching about.

It seems you don't understand the concept of risk

Having read much of this, against my better judgement, I will say this about your title.

The laws of economics are immutable. Supply and demand will always be. We haven't "created an economic system" it always was and always will be. What has happened is that "we" over the years, and I'm assuming you mean the United States, have created economic policies that limited but in no way constrain economic law.

Supply and demand will always be, and human beings will try to do what's best for themselves and their own interests. Checks on this occurred. It's Communism/Socialism that "creates and economic system" and tries to control supply and demand to intentionally create some sort of forced equality. It's SUCH a good system that despite popularity among many, it must still be enforced by tyranny, and then, it creates equality of misery. Well, except in Denmark, right?

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Whats the difference? You put your money in an account and the company who the account is with profits from your money sitting in their banks. Government policy has allowed these high interest bullshite accounts.


Insurance costs have gotten ridiculous, but if you can't see the value of insurance I don't know what to tell you. Also, interest rates are pretty much the lowest they've ever been in human history so I don't really understand what your bitching about.

It seems you don't understand the concept of risk

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Why must we function in a system that is built on risk? Can no one think of another solution besides a system built for you to struggle? I mean sure some people work hard for 45 years, retire, and can't complain. But why must we trade so much time for this? Why is it we think we have to prove we've earned something, prove to who? What is earning something if not the thought that your action deserves something in return. If anything isn't this counterproductive and arrogant?

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You should be come familiar with U.S. monetary policy, the central banks constantly adjust the amount of money in the economy as a method of controlling interest rates, and inflation. Only about 5% of our money supply exists in the form of printed money or coins, the rest is simply a number in a ledger, so how much physical currency is actually printed or removed form circulation is irrelevant.

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Ok bare with me a second. I get that a small percentage of our currency is physical dollars but your debit card is the same thing now. We have a set number of how many units of dollars we have in existence. I'm not talking just green bills and coins you densling. We actually do keep track of all the dollars in existence. So how about you go flip through some internet pages and educate yourself on non conservative points of view. see below

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M1 represents all of the currency in the M0 money supply, plus all of the money held in checking accounts and other checkable accounts, as well as all of the money in travelers' checks. In June 2013, the M1 money supply for U.S. dollars equaled about $2.5 trillion [source: Federal Reserve]. M2 is the M1 supply, plus all of the money held in money market funds, savings accounts and CDs under $100,000. In June 2013, the M2 money supply was about $10.5 trillion [source: Federal Reserve]. M3 is M2 plus larger CDs. As of March 2006, the Fed stopped tracking the M3 money stock as an economic indicator because it felt it did not add any information on economic activity that was not already available from M2 [sources: Federal Reserve, Federal Reserve Bank of New York]. All told, anyone looking for all of the U.S. dollars in the world in July 2013 could expect to find approximately $10.5 trillion in existence, using the M2 money supply definition. If you just want to count actual notes and coins, there are about U.S. $1.2 trillion floating around the globe.

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Why must we function in a system that is built on risk?


Because it's real and you can't wish it away.

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Can no one think of another solution besides a system built for you to struggle? I mean sure some people work hard for 45 years, retire, and can't complain. But why must we trade so much time for this? Why is it we think we have to prove we've earned something, prove to who? What is earning something if not the thought that your action deserves something in return. If anything isn't this counterproductive and arrogant?


This is some philosophy bullshite that may make you think you sound smart but is totally irrelevant in reality. The short answer to your question is no we can't create a utopia.

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I think if you understood how insignificant you and I both are, you'd bee more willing to open your mind and not only see whats thrown in your face.

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This is some philosophy bullshite that may make you think you sound smart but is totally irrelevant in reality

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Also unless it makes you feel better I have not once asked you to comment on my intelligence, therefore do not give a damn what your opinion is lol