I was wondering and i think i thought of way to improve the human race.

[QUOTE="ANlMOSITY"]

[QUOTE="theone86"]

I'll say to you what I say to people who say we need no regulation, it's there for a reason. if we could do without it then it never would have come into place in the first place. Money is really just a representation of resources anyways in simplest terms, I think all abolishing it would do is make international trade severely complicated.

theone86

Money is just debt.

Well, what is debt? Money is a representation of universal value, in the case of most modern countries a fluctuating value that is determined by a combination of factors, among them GDP and national debt. Like I said, we have money for a reason. Part of that is supply and demand, which can wreak havoc with systems of barter. One person raises chickens, but relies on the baker for bread. The baker one day says he doesn't need chickens, he's become vegetarian, what is the chicken farmer to do? He has to trade for something the baker does want, which could turn into a complicated matter especially considering the sheer number of different goods available today. Then there's international trade, how do you facilitate it under a system of barter? You don't, it's really infeasible. In fact, money pratically arose out of the need for it in international economics.

Debt is simply something we owe. All money is borrowed from the banks. We end up owing the banks more than we take, because of interest.

[QUOTE="theone86"]

[QUOTE="ANlMOSITY"]

Money is just debt.

ANlMOSITY

Well, what is debt? Money is a representation of universal value, in the case of most modern countries a fluctuating value that is determined by a combination of factors, among them GDP and national debt. Like I said, we have money for a reason. Part of that is supply and demand, which can wreak havoc with systems of barter. One person raises chickens, but relies on the baker for bread. The baker one day says he doesn't need chickens, he's become vegetarian, what is the chicken farmer to do? He has to trade for something the baker does want, which could turn into a complicated matter especially considering the sheer number of different goods available today. Then there's international trade, how do you facilitate it under a system of barter? You don't, it's really infeasible. In fact, money pratically arose out of the need for it in international economics.

Debt is simply something we owe. All money is borrowed from the banks. We end up owing the banks more than we take, because of interest.

No, not all money is borrowed from banks.

[QUOTE="ANlMOSITY"]

[QUOTE="theone86"]

Well, what is debt? Money is a representation of universal value, in the case of most modern countries a fluctuating value that is determined by a combination of factors, among them GDP and national debt. Like I said, we have money for a reason. Part of that is supply and demand, which can wreak havoc with systems of barter. One person raises chickens, but relies on the baker for bread. The baker one day says he doesn't need chickens, he's become vegetarian, what is the chicken farmer to do? He has to trade for something the baker does want, which could turn into a complicated matter especially considering the sheer number of different goods available today. Then there's international trade, how do you facilitate it under a system of barter? You don't, it's really infeasible. In fact, money pratically arose out of the need for it in international economics.

coolbeans90

Debt is simply something we owe. All money is borrowed from the banks. We end up owing the banks more than we take, because of interest.

No, not all money is borrowed from banks.

The Central Bank lends the money. Not banks.

[QUOTE="coolbeans90"]

[QUOTE="ANlMOSITY"]

Debt is simply something we owe. All money is borrowed from the banks. We end up owing the banks more than we take, because of interest.

ANlMOSITY

No, not all money is borrowed from banks.

The Central Bank lends the money. Not banks.

It isn't lended, at least not in the sense you imagine it to be.

[QUOTE="ANlMOSITY"]

[QUOTE="coolbeans90"]

No, not all money is borrowed from banks.

coolbeans90

The Central Bank lends the money. Not banks.

It isn't lended, at least not in the sense you imagine it to be.

It is lended.

[QUOTE="coolbeans90"]

[QUOTE="ANlMOSITY"]

The Central Bank lends the money. Not banks.

ANlMOSITY

It isn't lended, at least not in the sense you imagine it to be.

It is lended.

Except the possession of a dollar isn't actually holding any redeemable debt, so, not really.

tell the chinese and the indians to use condoms,:P

[QUOTE="Travo_basic"]Which planets did you have in mind?ANlMOSITY

Reach, Alderaan, Namek, and Taris.

where does this idea come from that there is anything wrong with our current state of existence? why do people have this idea that things should be or could be better than they currently are? I think that's more worthy of answering than this question. Because if you can't even identify this problem clearly, then you certainly can't come up with a solution for it.