Comments by "Charles Brightman" (@charlesbrightman4237) on "Basic Income: The Free Money Experiments | Moving Upstream" video.

  1. Some banks already generate money out of thin air and have it converted into real money. It's called 'fractional reserve banking'. They generate money out of thin air, loan that money out, then get the principal with interest paid back to them with real money. Why spin straw into gold when real money can be created out of thin air? The economy hasn't collapsed with them doing it, so let's expand the program. Have a central world bank that generates money out of thin air and gives that money to the various nations to help take care of the young, old, ill and needy, as well as helping to fund a very pro-active space program that might save any species from Earth one day. If species from Earth don't get off of this planet and out of this solar system one day, then we all die and go extinct and life itself it all ultimately meaningless as one day there wouldn't be a conscious entity left to care about anything or anyone ever again. Modern science claims that this Earth and it's Sun are not going to last for literally all of future eternity. This appears to be really true. And yes, we have lots of time before that occurs. BUT, we have to get through many mass extinction events between now and then, PLUS with the economic system that many nations have that allows inflation to occur, space travel has gotten really expensive just in the last hundred years. What will space travel cost in a thousand or million years from now? Inflation just might kill us all. ONLY those who find a way to continue to consciously survive beyond this Earth and solar system might continue to do so. Everybody else dies and goes extinct. (OSICA).
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