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irishcoffee 3 hours ago

If I thought there were some actual small cabal of people running the global economy, this is almost like a novel: massive amounts of money entered the economy starting in 2008 and 2020-2023, the rich became insanely wealthy. Their wealth is now all tied up in the 2020s version of the railroad/fiber, we're going to essentially erase trillions of dollars from the global economy and reset.

We sure do need a reset.

marcosdumay 3 hours ago | parent | next [-]

I really doubt the US will erase any money any time soon.

The reset is prone to happen by other means.

irishcoffee 2 hours ago | parent [-]

I consider myself of average intelligence, and I see this coming. Maybe I assume too much.

marcosdumay an hour ago | parent [-]

Every government has complete control on how much of their money exists. If it disappears from the private finance market, it can compensate with any amount it wishes.

philipallstar 3 hours ago | parent | prev [-]

There's no "reset" required, other than resetting what people understand about money and finance, and having them realise that net worth is a stupid thing to use to excuse their revolutionary bloodlust.