Boondoggling
Ok. Let’s play around and explore…
It’s revival time! This venerable game is called…
Boondoggling: The game of a Nation!
(The Game for Brain-Trusters. Can you trust YOUR brain?)
The Boondoggling menu contains a peek at a TRILLION DOLLARS, in case you ever wondered what such a "claim on human labor" looks like in terms of REAL everyday money ($100 bills.) Boondoggling with other people's money (OPM) leads a society into DEBT. DEBT means you owe someone MONEY. DEBT means someone has a claim on your labor. Too much debt makes you a SLAVE to your creditor, because all your life activity must be dedicated to your creditor. . .
Unless…
You decide to default on your debt and forfeit much or all of your credibility in the social money game. In the absence of devastation wrought by horrendous natural catastrophes or horrendous wars, massive social default on debt is a sure way to crash the economic system of a civilization. So let's take a look at some ways a society becomes enslaved with great debt, and some ways a society may gain freedom from debt slavery. (There may be many creative ways.)
Stage Money!
(May soon be worth more than USD.) Printed using Futura font so you know what is coming. The original game was played in units of millions of dollars. Due to inflation we now as a matter of course play the game in terms of billions of dollars. In a few years we may be playing it in terms of trillions of dollars, so get ready to reprint your Boondoggling Stage Money in denominations of trillions. After a brief era of playing with trillions we will need an act of Congress that requires the Treasury to use scientific notation on the bills it issues. The next era of Boondoggling will then be dedicated to $10^15 and beyond.
…In case you’re wondering what a trillion dollars actually looks like in the “Real” World…
Or… Instead of Boondoggling…
You could choose an alternative to DEBT.
For background on the current U.S. financial situation check out this crash course by Chris Martenson and watch the videos or read the transcripts. For a shortcut, read the complete transcript.