Why would you pay off debt if that debt is about to be in worthless numbers? You should borrow as much as you can spending it on material items...
Why would you pay off debt if that debt is about to be in worthless numbers?
You should borrow as much as you can spending it on material items...
Rule #1: The government and the 'banks' always get paid. Never underestimate their craftiness.
There have been cases in the past where the currency is wiped out ... the government steps in to issue a new currency, the law of the land is that "all contracts are valid in the new currency." This is touted as a 'good thing' for economic continuity, but yeah ... it always favors the banks.
Rule #1: The government and the 'banks' always get paid. Never underestimate their craftiness.
There have been cases in the past where the currency is wiped out ... the government steps in to issue a new currency, the law of the land is that "all contracts are valid in the new currency." This is touted as a 'good thing' for economic continuity, but yeah ... it always favors the banks.
I'm going to quit my job if they try to fucking pay me in Central bank digital dollars.
I'm going to quit my job if they try to fucking pay me in Central bank digital dollars.
Debt collectors will still show up and take your stuff.
Debt collectors will still show up and take your stuff.
(post is archived)