A quick fix for the economy and pay off national debt instantly.

I have a solution to pay off national debt and fix the economy instantly. All we have to do is circulate these patriot notes. This not would depreciate in value by 10% once every 2 months. So if you got this note now, it's worth $100. But 20 months later it's worth nothing. This technique will not cause inflation because people know that these notes will worth nothing at the end. And when people got these notes, they want to spend it as soon as they can knowing that it devaluates once every 2 months thus stimulates the economy.

About this patriot note: You cannot save this in your bank nor can you buy gold or silver or stocks. You may also not goto a bank and exchange it for regular cash. You can pay off debt or pay mortgage or pay tax, pay rent, or pay your employees with it.

The good thing is you know the national debt, about 11 trillion, will disappear in thin air within 1 year and a half. Then no more headache. No inflation either because this patriot would self destruct within a year and a half.

In the future, when there is inflation, we can also use this patriot note to replace some existing currency to beat inflation.
Another good thing about this note is this note can only be used in the United States. You cannot pay people in foreign country because they won't accept them. People in this country will accept them because this note is legal tender enforced by the law. You have to accept them or else you are breaking the law. This means more people would buy american goods with this note



If people think a 10% reduction in value is too harsh, then maybe 3% decline in value every month. It will take longer to get rid of national debt, but it might be easier for people.

Please spread this youtube video around. I think this can save our country.

Category:

News & Politics

Tags:

• obama
• economy
• economic crisis
• collapese of dollar
• stock market
• national debt
• deficit

[hammertlme]

this actually makes sense. BUT you didn't think of it yourself, so it's whatever

[AlexYCChiu]

Some part of it is my idea. For example, the rules of patriot note. You cannot deposit this in a bank. You cannob buy gold or silver or precious metal with patriot note. You cannot buy stock. But you can pretty much use it for anything, like paying debt, buying daily goods, pay bills, etc. My world corporation plan, I would say, is maybe part of my idea. Because I did not invent corporations. But I added rules and procedures to an existing invention to make it work wonders.

[voivod]

Look up WORGL on wikipedia, alex. That's the same shit you're talking about. YOU STOLE THIS FROM THAT.

[AlexYCChiu]

Yeah I heard of this idea when I was in High School. History teacher told us there used to be a Spanish coin which depreciate in value forcing people to spend it ASAP. I think that Spanish coin is even earlier than WORGL. But the Spanish coin somebody needs to tear off a corner to indicate that it depreciated in value. This WORGL money requires you to place a stamp on it. But patriot note requires nothing.

[xHidemitsux]

alex, something needs to be done about debt globally. if we are constantly trying to repay debts that constantly grow then in essence we are slaves. to our governments and banking corporations, of which the worst are in the USA. instead of trying to solve the problem by yourself, spread knowledge to everyone that something has to be done, then we can all solve it together. patriot notes are not the answer.

freedom from money and debt is.

[AlexYCChiu]

You hve to start with patriot note first. You can't just tell the creditors that you refuse to pay them back. If you say that, USA will lose its credibility and nobody will help us in te future anymore. We can pay them back with patriot note thru negotiation. Then after debt is paid off, we have to be careful not to accumulate new debt.

[shaman666]

greatest troll ever

[AKAGl]

You know what people would spend Patriot notes on since they lose their value so astonishingly fast?

Gold, silver, land, commodities, etc. Things that maintain/increase in value rather than depreciate/expire/lose value.

That would in turn bid up the cost of commodities and create a massive commodity bubble.

[jaygillette71]

it would be pure fiat, and generate a bubble that would further diminish our economies. 11T of commodities would be instantly bought with a disappearing value. Purchasing power across the board would be lost, destroying the middle class. To a lesser degree national banks are all ready practicing this with established currency.

[GM11Vish]

Purchasing Power Parity - Look into it, it will explain. As for recovery, we need to generate more wealth or reduce expenses or capture resources (improve efficiency or war) or quantitative easing (the rate is directly relative rate of inflation and unemployment).

[Ututwhynot]

@shaman666 right? i have to believe that, there is no way a hy00manz can be this fucking dumb

[DrZarkloff]

Sorry, I wouldn't accept your POOF note. Getting stuck with a bunch of those could bankrupt a company.

[EdExceLee]

Our economy will truly recover when Ron Paul is president

[ZachariahLogan]

haha sneaky

[chimeracreator]

As a side note, I am aware of the constant effect of inflation on the dollar which causes it to lose a few percentage points of value every few years. This is fairly common as all goods fluctuate in value, and our economic system assumes this.

However a steady decline in value of a few percentage points per decade is not the same thing as trying to sell a currency that is guaranteed to lose all of its value within two years. Only idiots knowing board a rapidly sinking ship.

[chimeracreator]

This is one of the stupidest ideas I have EVER heard. No one would take this type of note knowing that it's a scam. Money is useful because it is a medium of exchange, a measure of value and a store of value. Given the opportunity to work with something that can store its value and something that can't no one would willingly work with a currency that can't store its value.

Every dollar bill you own states: "This Note is legal tender for all debts, public and private." This requires faith.

[spacescapes3d]

So it's like playing "Hot Potato". Whom would accept such a thing as payment knowing that if they can't unload it quick they're stuck with losing value? You haven't really thought this out.