Debt based economy or artificial economy – Online payday loans without verification.
Central banks, including primarily the Fed in the United States, have a free hand in creating money and have been using this opportunity for several decades without inhibition.
Because money, including the US dollar in particular, is not associated with real value in any way, its quantity is controlled arbitrarily by setting interest rates. This is an indicator of the percentage for which the central bank lends money to other banks.
If the rates are low, the money supply is higher and hence loans – as a form of selling money on the market by banks – are cheaper and easier to access.
The problem is that the joyful creation of money as a result of political decisions is a way to control the economy, which is never good. It is artificial economy, creating artificial economic conditions, not resulting from natural trends.
Governments need money for government programs that buy voters’ votes. They borrow money for various purposes: various types of allowances, subsidies, tax breaks, etc. The costs of governments are becoming horrendous because of the growing apparatus for handling government programs and actions, and policy costs fall on the taxpayer. Anyway, debts incurred by governments are amounts that must be written down for generations. Payday Loan – market response to demand.
Taxes up, freedom and economy down
In addition to incurring liabilities on behalf of the state, governments in the western civilization zone increase taxes. This is a general trend, sometimes a breakthrough can be observed in it, but generally taxes for the last 100 years just rise. This means less money in private hands. Governments are increasingly deciding what money will be spent on, making decisions that were once made privately. Entrepreneurs, instead of investing in development that would contribute to progress and the creation of natural jobs, must give money to the budget.
Re-tie the dollar with gold
Gold parity was abolished in the US in 1971. Since then, the total printing of empty money has begun and the value of the American currency has dropped drastically. I consider it impossible to link the dollar today because the great financier lives on playing the dollar. They’ll start a war sooner than they’ll give back this Eldorado. And they rule the whole world. I see a return to the link between money and gold after the total collapse of this civilization system, if human history is to last so long.