Don't worry about the debt.

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Debt is also just transitory. Like inflation. Nothing to worry. Be happy.

No point worrying about something you can't change.

Once the debt burden becomes untenable (and we're not yet there), you can only switch to a new monetary system. You can't pay this debt down in the currency it was created in because the currency is created through the issuance of more debt.

Universal debt relief is needed. Halal banking introduced worldwide and back to some kind of gold or/and commodities bound currency. Problem solved?๐Ÿค”

Yes, we need commodity-bound or (even better) commodity currency.

Bitcoin really does fix this.

Saving is a threat to democracy.

He's right, but fuck democracy.

Give me my republic back.

can you explain the key difference?

A republic is rule by law and a democracy is rule by majority.

Democracy is what republics decline to.

I need more explanations! ๐Ÿ˜„

Who chooses the law in a republic?

Republics usually have some founding document and a formal system for changing that. A Basic Law or Constitution or a history of common laws, usually with protections for basic human rights like property and free speech.

In a democracy, the majority (or the loudest, angriest demographic) just says what they want, usually with polling, protests, and voting, and the government gives it to them. Mob rule.

By this, do you mean that in a republic, the legislative power is stronger, whereas in a democracy, the executive is stronger?

No, I mean the judicative focuses on the Basic Law and the other branches respect their decisions and attempt to proactively prevent breaches by following the Law themselves.

I see - so in a republic, the judiciary is more independent of the executive and the legislative branches than in a democracy? This would probably depend on whether it is a country based on common law or on civil law.

And he's right because (as Aristotle pointed out), democracies exist to vote yourself other people's money and once that runs out, you have to print more money to appease the mob.

Who the fuck do these people think we are ?! Iโ€™ll save if i wish. GFY !