The lasting fallout from our last major national disaster (9/11) was the Patriot Act. We have all been less free since that day. That was the day our American 14th Amendment right to privacy died.
When the smoke from this virus clears, Davestrodomus predicts COVID19 is another big step away from freedom and towards modern monetary policy (MMP, basically, a world without real money).
Things like universal basic income and socialized healthcare conversations have helped set the stage. This virus will push it forward. Below is the rough progression:
“How could you not give the basic human right of healthcare to a person without money?”
“How could you not give a COVID19 test or treatment to a person without money?
“How can a civilized world allow people without money to starve?”
“UBI will pay for itself because it costs less than keeping folks in jail.”
“How can millions go bankrupt based on all the closings and their lack of income during this national emergency? Their bills must be forgiven by those greedy corporations, landlords and banks!”
All the questions above will be the “fairness” questions that will lead to MMP. The “feels” crowd leading the charge.
The world of money sure can seem unfair. But somehow, over time it has incrementally increased our length and quality of life globally over the span of years we have been using it.
So few of us really have taken the time to educate ourselves to the alternative. So few of us understand what money really is. And I’m going to give everyone a pass on that fact, because no one reading this has ever lived when money was real. What we have lived with is manipulated fiat.
Davestrodomus believes that when real A.I. arrives: we may have no choice in this money matter. But in the meantime the factors above might make abandoning money (as we understand it today) necessary/popular enough to start moving away (vs fixing what we have).
I worry.
It’s hard to wrap your head around the idea of a world with no money. Besides the obvious allocation of resources questions; i wonder If you have no measure to quantify the value you have created for others...do you have value? Is there a reason to try to add value? A reason to better yourself in any way?
Doubt I’ll get to see the full effects of MMP in my lifetime. We already see some of the effects of past manipulations in our present day stock market. Attempts to “control” money to add prosperity...it always ends the same. Money knows what money is worth. It’s an ecosystem that naturally corrects; if you let it. We have seen the foreshadowing; however, there is a good chance our kids will see the full effects.
And if it happens I wonder how the history books will remember those cruel barbarians who used money? Those backward primitive people who traded tit for tat. Who measured their time and traded it for goods and services. What fools they must have been. I wonder if money users will be reviled like slave owners? Like witch killers?
Statues of heathens like Edison, Ford and Carnegie will need to be removed from the public square; as those monsters used their intellect and sweat to make products on which they would selfishly make money.
Davestrodomus has spoken.