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[–] 1 pt

people worked, the govt issued currency for their work.

The creation of their currency was based on human work and backed by it. This limited inflation and meant that there was a potentially infinite supply of wealth that was tied directly to the worker. This also meant that there really werent any budgeting constraints other than how to most efficiently utilize your workforce.

To compare it to today: If the government wants a statue built, in our society it asks the federal reserve to print money, it borrows that money at interest to pay for a worker to build the statue. This is the cost of the statue + interest and the debt that needs to be paid back.

In Nazi Germany, the government would commission a worker to build the statue and issue the currency straight to him. The government doesnt need to pay anything back, the worker just managed to essentially create wealth simply by doing work.

This is a really crazy concept, we are conditioned into thinking in order to create wealth we need to earn money, but WE ARE THE WEALTH, and the Germans knew this and skipped the slimy middle men and created wealth at the worker.

I'll be honest, i'm not an expert on anything and there are probably a lot of things im missing but i think on a basic level everything should be easy to understand outside of jargon and nonsense. This i think makes a lot of sense and is very simple, our current system loans 'wealth' into existence backed by nothing and we are conditioned to accept that as 'real' currency, as opposed to receipts for genuine human labour.