Deflation: Helps Poor

Central banks around the world and our own Federal Reserve are working to stop creeping deflation. In fact their actions are diametrically opposed to the needs of working people. It's a fact that wages are stagnant if one can even find a job.So the challenge for workers is making meager salaries cover the costs of living.The vast majority need stable or preferably lower prices at stores and show rooms.But the Central Banks answer to governments, corporations and wealthy individuals who all have massive debt to repay.Deflation would bankrupt those three. But deflation will help everyone else.There is no choice. Deflation will come.It will come because of popular demand.So expect it.

Eliminate Debt, Eliminate Politicians, Eliminate Unnecessary Wars, Eliminate Welfare And Political Correctness: Embrace Virtual Money Or Barter

Finally a way out of the mistakes of the past.How does one know mistakes have been made? Add up the personal , local ,state and federal debt. If the actions of the past were correct then there would be no debt to be burdened with. Both virtual money or barter would mitigate or eliminate legacy debt that we didn't sign up for. But our politicians assigned us.We can break this cycle by starting fresh. Let people with money pay off debt. People like Warren Buffett who is loathe at the mere mention of Bitcoin. Why? Because all the companies he has invested in have trillions of debt on the books. But the debt is denominated and payable in Central Bank currency. If the economy switches to barter or virtual money those debts become not payable. Same goes for debt from our government. People like Bush and Cheney ran up bills to finance illegal wars. Let them and others of the military-industrial complex pay off the government debt.Declare independence from legacy debt. Barter or use virtual currency in whatever form it morphs to.

Bitcoin Or Barter

A quick overview of Bitcoin as provided by Wikipedia left me asking why bother.Aside from being described as a cryptocurrency that is based on an open-source crptographic source than can be stored in your digital wallet after using bitcoin miners to find it while keeping in mind that the clock is ticking because Bitcoin creation will be halved every four years until there are 21 million Bitcoins created.Oh by the way all the bits of Bitcoins esoteric being were existing ideas from the cypherpunk community.That doesn't make it necessarily ready for mainstream. The purpose of the Bitcoin is to facilitate peer to peer virtual currency transactions deliberately excluding central monetary authority. I.E. no government printing press currency .But currency is currency. It's still the root of all evil. My thought about its bad rap is it allows people to be in more than one place at a time. The human in the best of circumstances should be limited in influence to his or hers immediate geographical locale. But money allows all sorts of messy projections. Such as sending currencies to Rhino pachers to kill and deliver Rhino horn by the pound. Without Bitcoin or the traditional folding green of any country this atrocity would largely disappear. So what's better for us and the planet instead of Bitcoin or traditional money? Barter is the answer. There are no barriers to participating except ones lack of talent to exchange.