Yes, thanks, and that I think is the difference I was vaguely aiming toward. I was neglecting investment and real assets, and don’t quite know how they fit in (since you can’t spend them without selling them), so I did phrase my question in terms of cash and bank deposits.
Like—does our current monetary system allow for any possible way for both people and the government to not, on average, be in debt for more money than they have in cash and bank savings?
Who do you mean with people? If I have 1000$ bank saving that means that I loaned the bank 1000$ and the bank owns me those 1000$. Do you see banks and not being people? Do you see businesses as being people?
Yes, thanks, and that I think is the difference I was vaguely aiming toward. I was neglecting investment and real assets, and don’t quite know how they fit in (since you can’t spend them without selling them), so I did phrase my question in terms of cash and bank deposits.
Like—does our current monetary system allow for any possible way for both people and the government to not, on average, be in debt for more money than they have in cash and bank savings?
Who do you mean with people? If I have 1000$ bank saving that means that I loaned the bank 1000$ and the bank owns me those 1000$. Do you see banks and not being people? Do you see businesses as being people?