Mudcat Café message #3044476 The Mudcat Café TM
Thread #133907   Message #3044476
Posted By: Smokey.
01-Dec-10 - 05:28 PM
Thread Name: BS: Who has all The Money?
Subject: RE: BS: Who has all The Money?
Someone suggested just wiping all the debts. The problem with that is that most of the 'money' (or its value) would disappear instantly, as the very notion of it was created by those debts in the first place. Also, of course, those who had been the most irresponsible (by borrowing the most) would be the most highly rewarded.