It will financially collapse
It will financially develop
a more conservative policy will dominate the country
a more socialistic movement will influence the country
It will go into world war 3
l dont know
political polarizations will cause many of these
And aside from some sort of huge natural disaster, or nuclear war, or all our wealth aggregating into the hands of a few, I can't come up with a scenario in which our productivity wouldn't continue to increase.
People keep hollaring that "it's the federal debt", but I scarcely see how that effects the production of goods and services in the US. There's simply no connection.
Now how many privately owned businesses turn over 100% of their profits to the treasury?
Those stocks don't represent ownership and they can't be privately traded. It's just a requirment to form a bank.
From the federal reserve website. We don't know how much money they pay themselves because we've never audited them
You have to buy in to the federal reserve system in order to be a bank, do you understand this? If you're a prominent banking owner you have to join the firm. Or the monopolized banking industry, the firm being the federal reserve system. It's not a business like you think it's a monopolized firm
I have to assume that you meant deflate", not inflate. Yes, if the dollar no longer had enough value to be accepted, then it would be valueless. If you have a legitmate concern that your dollars are valueless, you are more than welcome to send them to me. They aren't valueless to me, and as long as Walmart accepts them, then they have plenty enough value to me.If the value of the dollar inflates to a level where it is no longer valuable by any means on the world market, then there will be no actual point in working, because working will be waste.
The part where you are basically insisting that hyperinflation is just around the corner. I've been hearing that ever since I was about 10 or 12 years old. It hasn't happened yet, and today is my 50th birthday.This is how an economy collapses. Then, when that happens, the banks will buy up the debt of the failed American economy this isn't that hard to understand
Fortunately, we have mechanisms in our system which prevent hyperinflation.
If the simple loss of purchasing power over a period of time could collapse our economy, then why hasn't our economy already collapsed (the dollar has lost 98% of it's value during the past 100 years)?