[ExI] Even India and Haiti do it better

[SR Ballard]

Spike, I think you’re failing to realize this: If we wanted to, we could take the amount of the US debt and just... print that many dollars and just pay. Poof. Debt disappears in a puff of smoke. 

Money only exists because we all agree it exists. It has no intrinsic worth, beyond maybe butt wiping and kindling.

SR Ballard

> On May 7, 2020, at 5:34 PM, spike jones via extropy-chat <extropy-chat at lists.extropy.org> wrote:
> 
>  
>  
> > On Behalf Of John Clark via extropy-chat
> 
>  
> >…Already nearly 1 in 4 Americans are unemployed with zero money coming in, and they need to eat, and one thing you CAN be certain of is they will flat out refuse to quietly starve to death. They will make trouble.
>  
> Exactly.  We need to open everything and let the people get back to work forthwith.
>  
>  
> >…If a vaccine can not be found then the lack of a balanced budget will be the very least of our problems!  John K Clark
>  
> Least of our problems?  Lack of a balanced budget will be the CAUSE of our problems.  That we have failed to balance the budget for decades will mean lenders will not come stampeding to loan the US more money, when it is clear enough we weren’t even paying for what we were already trying to do.
>  
> We have built a trap for ourselves, then fallen into it.
>  
> spike
>  
>  
>  
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