I'm not trying to crash the party here but globally this is impossible. If someone spends less than they make, someone else spends more than they make. If everyone tries to spend less then everyone will be worse off.
Thus we need an institution that can run a deficit for all eternity. Call it "government".
There are other ways but right now that is just how the current system was built. There is no need to feel sad or worry. I personally worry more about idiots who want to keep the current system and avoid government deficits, now that is truly horrifying.
How is this anything more than passing the ball? Value is finite and doesn’t change so all this can mean is tax the rich to give to the poor. Which still means you have the majority of people spending less than they make because again, value is finite.
Further what system would you replace it with that somehow defied the finite value law? What your suggesting is that $1, or any countries currency, doesn’t represent any value at all and is just arbitrarily assigned a value.
I'm not trying to crash the party here but globally this is impossible. If someone spends less than they make, someone else spends more than they make. If everyone tries to spend less then everyone will be worse off.
Thus we need an institution that can run a deficit for all eternity. Call it "government".
There are other ways but right now that is just how the current system was built. There is no need to feel sad or worry. I personally worry more about idiots who want to keep the current system and avoid government deficits, now that is truly horrifying.