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I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
#1 Doomologist
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User ID: 436526
12-19-2018 02:08 AM

Posts: 5,281




Post: #1
unsure I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
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Just eliminating the ink of paper currency printed in one year...
3450 ton's = 109553.73406192964 gallons x 6400.00 per gallon equals 701,143,897.996 dollars...
That's almost 1 trillion...
Now that's just an estimate using normal ink costs...
Imagine the special inks and holographic effects....
5 trillion easy on the market as we speak...
bills have an average life, we'll call it 5 years...
in 20 years you could easily reallocate 20 trillion to ink alone to make money...
Imagine doing away with the other losses listed below...
We could literally pay off the national debt in one year...
the graphic show the cost of normal printer ink you and i buy...
the one below that shows the actual tonnage used to create money yearly...
WTF ARE WE DOING...
WHY THE F ARE WE STILL IN DEBT WHEN IDEAS LIKE THIS EXIST>>>
WAKE THE F UP PEOPLE>>>


[Image: A1oSR79.jpg]

Usages of materials to make money...

https://www.consumerreports.org/printers...inter-ink/



Paper Currency
A very comprehensive sustainability assessment undertaken by Ahlers et al (2010) attempts to quantify the environmental impacts of the US Dollar, in contrast with polymer-based notes produced in Australia. The major environmental costs, based on data from 2002, are as follows (Ahlers, et al., 2010):

Water Use During Paper Making: 1 million gallons / day = 1.4 billion litres per year
Water Use During Printing: 250,000 gallons / day = 0.35 billion litres per year
Waste Ink & Pulp Sludge = 6 million pounds = 2720 tonnes
Electricity Use During Printing: 97850 MWH of electricity = 0.35 million GJ
Electricity Use for Pulp Making = Same as electricity used during printing = 0.45 million GJ
Ink Usage = 3540 tonnes
Over 7100 tonnes of cotton

https://www.coindesk.com/microscope-real-costs-dollar

#ForumLivesMatter See Something Say Something...
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(This post was last modified: 12-19-2018 02:10 AM by #1 Doomologist.) Quote this message in a reply
LoP Guest
lop guest
User ID: 479015
12-19-2018 02:40 AM

 




Post: #2
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
I nominate this thread for the dumbest of LOP 2018 award.
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#1 Doomologist
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User ID: 436526
12-19-2018 02:43 AM

Posts: 5,281




Post: #3
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
LoP Guest  Wrote: (12-19-2018 02:40 AM)
I nominate this thread for the dumbest of LOP 2018 award.

thank you...

#ForumLivesMatter See Something Say Something...
Heartflowers
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LoP Guest
lop guest
User ID: 423870
12-19-2018 02:44 AM

 




Post: #4
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
f*#k paying it.....
just nuke the bankers.
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#1 Doomologist
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User ID: 436526
12-19-2018 02:49 AM

Posts: 5,281




Post: #5
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
LoP Guest  Wrote: (12-19-2018 02:44 AM)
f*#k paying it.....
just nuke the bankers.

nukes cost more than printing...
you just double our debt...
chuckle

#ForumLivesMatter See Something Say Something...
Heartflowers
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LoP Guest
lop guest
User ID: 463287
12-19-2018 03:12 AM

 




Post: #6
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
Get the f*#k out with your back door, cashless society, shilling sh*t.
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LoP Guest
lop guest
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12-19-2018 03:12 AM

 




Post: #7
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
#1 Doomologist  Wrote: (12-19-2018 02:49 AM)
LoP Guest  Wrote: (12-19-2018 02:44 AM)
f*#k paying it.....
just nuke the bankers.

nukes cost more than printing...
you just double our debt...
chuckle

Yea, but it's a one-time charge.
Spread it out over the globe.
Everyone would benefit.
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LoP Guest
lop guest
User ID: 381283
12-19-2018 03:13 AM

 




Post: #8
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
Or outlaw the privately owned Federal Reserve bank?
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LoP Guest
lop guest
User ID: 447778
12-19-2018 03:13 AM

 




Post: #9
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
LoP Guest  Wrote: (12-19-2018 02:40 AM)
I nominate this thread for the dumbest of LOP 2018 award.

Thwak Be nice!

And you haven't read many of OP's threads. Jhikpghf


chuckle
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LoP Guest
lop guest
User ID: 463287
12-19-2018 03:55 AM

 




Post: #10
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
your math is wrong:
"
3450 ton's = 109553.73406192964 gallons x 6400.00 per gallon equals 701,143,897.996 dollars...
That's almost 1 trillion..."


701,143,897.996 is not almost one trillion dolars, it is less than 1/10th of a trillion dollars


US debt is around 21.6 trillion dollars

https://en.wikipedia.org/wiki/National_d...ted_States



21,600,000,000,000 ÷ 701,143,897.996 = 30,806.8002

https://www.google.com/search?hl=en&sour...arch&gbv=1



30,806.800232786 years to repay debt with your math...
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SkeptiSchism
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User ID: 450243
12-19-2018 04:50 AM

Posts: 13,945




Post: #11
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
I didn't check your math but I have some doubts. For starters there's only a small fraction of our 'money' supply in the form of bills and coins.

Second, clearly the argument here is to go to a digital currency. But digital currencies also require power for storage on servers and electronic costs per transaction. Also, digital currency would be 100% traced, every transaction you made would be recorded, then there would be an entire industry that resold your purchase data, requiring more energy expense and eliminating any privacy rights you may have regarding your personal spending.

However, gold and silver coins have a far longer lifespan than paper or even polymer currency. Gold and silver coins have been used as money for as long as humans have used money as a substitute for barter.

Additionally, if we use credit as currency (which we do) the monetary base continually expands as banks can create non-secured loans which increases the amount of currency in circulation which causes the prices of everything in the economy to increase. If we used gold and silver as money, then prices would adjust to the available amount of gold or silver coins in circulation. We may well have deflation instead of inflation which would be beneficial for consumers as their cost of living would decline increasing the purchasing power of their earnings.

All these arguments you put forth are projected by the banking industry that wants to retain their ability to counterfeit the production of the economy thus robbing everyone of their purchasing power over time.

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In the land of the blind the one eyed man is king.
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LoP Guest
lop guest
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12-19-2018 05:50 AM

 




Post: #12
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
Uhhhhhhhhhhhh.
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LoP Guest
lop guest
User ID: 479060
12-19-2018 06:54 AM

 




Post: #13
reporter RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
how much does it cost to make a smart device to use as your currency transmitter?
Excluding your devices subscription your electric consumption and charging and all the devices needed to replace a paper bill!.

OP just take the chip, you are damned anyway! Scream1
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LoP Guest
lop guest
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12-19-2018 07:03 AM

 




Post: #14
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
But But BRINKS ....?

All those poor armed guards outa work?
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LoP Guest
lop guest
User ID: 478404
12-19-2018 08:17 AM

 




Post: #15
RE: I Can Pay Off The National Debt In 1 Year - Eliminate Paper Money...
Nuke Switzerland and execute all bankers and associates of the Federal reserve
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