<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto">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. <div><br></div><div>Money only exists because we all agree it exists. It has no intrinsic worth, beyond maybe butt wiping and kindling.<br><br><div dir="ltr">SR Ballard</div><div dir="ltr"><br>On May 7, 2020, at 5:34 PM, spike jones via extropy-chat <<a href="mailto:extropy-chat@lists.extropy.org">extropy-chat@lists.extropy.org</a>> wrote:<br><br></div><blockquote type="cite"><div dir="ltr"><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta name="Generator" content="Microsoft Word 15 (filtered medium)"><style><!--
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</o:shapelayout></xml><![endif]--><div class="WordSection1"><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal"><o:p> </o:p></p><div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in"><p class="MsoNormal">> <b>On Behalf Of </b>John Clark via extropy-chat<br><br><o:p></o:p></p></div><div><div><div><p class="MsoNormal"><o:p> </o:p></p></div><div><p class="MsoNormal"><span style="font-size:14.0pt">>…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. <o:p></o:p></span></p></div><div><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt">Exactly. We need to open everything and let the people get back to work forthwith.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt">>…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<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt">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.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt">We have built a trap for ourselves, then fallen into it.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt">spike<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal"><o:p> </o:p></p></div></div></div></div></div></blockquote><blockquote type="cite"><div dir="ltr"><span>_______________________________________________</span><br><span>extropy-chat mailing list</span><br><span><a href="mailto:extropy-chat@lists.extropy.org">extropy-chat@lists.extropy.org</a></span><br><span><a href="http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat">http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat</a></span><br></div></blockquote></div></body></html>