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by Dumb Ideologies » Tue Feb 22, 2011 3:24 am
by Big Jim P » Tue Feb 22, 2011 3:29 am
The Parkus Empire wrote:Hypparchia wrote:
Finance that was formerly under government control ?
Finance that is nearly impossible without government-backed currencies, regardless of whose government is backing it. Even without tax funding, most militaries could just rob banks or something, but without that it is extremely difficult to keep the required ammunition and fuel supplies up or to communicate with other units or have proper integration of expertise, ect. I don't think you quite realize the implications of the abolishment of government-backed currencies.
by The Parkus Empire » Tue Feb 22, 2011 3:31 am
Mr Bananagrabber wrote:On the removal of the backing of a currency, there's the case of the Iraqi "swiss" Dinar. After the govt backing was removed it still functioned as a currency just because people were willing to accept it as a store of value even though technically it was worthless. So as long as people remain willing to accept a currency as payment (on the assumption that other people will also accept it as payment) it can still function despite not being backed by a govt.
by The Parkus Empire » Tue Feb 22, 2011 3:32 am
Dumb Ideologies wrote:A lot of hypothetical people would die, hypothetical hell would finally reach capacity, and something approaching the hypothetical apocalypse would occur.
by The Parkus Empire » Tue Feb 22, 2011 3:33 am
Big Jim P wrote:The Parkus Empire wrote:Finance that is nearly impossible without government-backed currencies, regardless of whose government is backing it. Even without tax funding, most militaries could just rob banks or something, but without that it is extremely difficult to keep the required ammunition and fuel supplies up or to communicate with other units or have proper integration of expertise, ect. I don't think you quite realize the implications of the abolishment of government-backed currencies.
The currencies are merely abstract representations of resources, meaning the militaries would have to take whatever resources they needed directly. It would then be impossible to maintain modern military structures, as such things as ammunition and fuel do not grow on trees.
by Dumb Ideologies » Tue Feb 22, 2011 3:33 am
by The Parkus Empire » Tue Feb 22, 2011 3:37 am
by Cyborg Holland » Tue Feb 22, 2011 3:37 am
by Mr Bananagrabber » Tue Feb 22, 2011 3:37 am
The Parkus Empire wrote:Mr Bananagrabber wrote:On the removal of the backing of a currency, there's the case of the Iraqi "swiss" Dinar. After the govt backing was removed it still functioned as a currency just because people were willing to accept it as a store of value even though technically it was worthless. So as long as people remain willing to accept a currency as payment (on the assumption that other people will also accept it as payment) it can still function despite not being backed by a govt.
It was backed by the Kurds' effective government.
by The Parkus Empire » Tue Feb 22, 2011 3:40 am
Mr Bananagrabber wrote:There was no effective govt because there was no body taxing every Kurd. The power of a fiat money isn't just that the govt says "yeah we like this currency". It's that they only accept that currency as payment of taxes. So since there was no taxation system for the Kurds, the only reason it was still used was because other Kurds were willing to accept it as payment. One of the reasons they were willing to accept it is because the new Iraqi Dinar became very inflated.
by Abdju » Tue Feb 22, 2011 4:23 am
The Parkus Empire wrote:Speaking hypothetically, what if all recognized governments (as in, recognized by the UN) collapsed overnight?
by Meridiani Planum » Tue Feb 22, 2011 4:46 am
The Parkus Empire wrote:Speaking hypothetically, what if all recognized governments (as in, recognized by the UN) collapsed overnight?
by Socialist States Owen » Tue Feb 22, 2011 4:50 am
by Ceannairceach » Tue Feb 22, 2011 4:52 am
by New new nebraska » Tue Feb 22, 2011 10:15 am
by Jello Biafra » Tue Feb 22, 2011 10:47 am
by Bendira » Tue Feb 22, 2011 10:54 am
by Risottia » Tue Feb 22, 2011 10:54 am
The Parkus Empire wrote:Speaking hypothetically, what if all recognized governments (as in, recognized by the UN) collapsed overnight? What do you think would be the immediate effects?
by Wamitoria » Tue Feb 22, 2011 10:55 am
by Bendira » Tue Feb 22, 2011 11:02 am
Risottia wrote:The Parkus Empire wrote:Speaking hypothetically, what if all recognized governments (as in, recognized by the UN) collapsed overnight? What do you think would be the immediate effects?
A massive clusterfuck as many organized groups (jihadists, madmen, fundie christians, whatever) scramble to get hold of the military arsenals, while the general populace revels in a massive free-for-all made of robbery, rape, vendetta killings, and some racist genocide.
by Abdju » Tue Feb 22, 2011 11:13 am
New new nebraska wrote:I see a world where some things can function reasonably well albeit in different from. I see perhaps New York City as its own city state perhaps incorporating the suburbs.
by Risottia » Tue Feb 22, 2011 11:48 am
Bendira wrote:Risottia wrote:A massive clusterfuck as many organized groups (jihadists, madmen, fundie christians, whatever) scramble to get hold of the military arsenals, while the general populace revels in a massive free-for-all made of robbery, rape, vendetta killings, and some racist genocide.
Lmao you have watched too many movie's.
by Grave_n_idle » Tue Feb 22, 2011 11:51 am
The Parkus Empire wrote:Speaking hypothetically, what if all recognized governments (as in, recognized by the UN) collapsed overnight? What do you think would be the immediate effects?
by Keronians » Tue Feb 22, 2011 12:43 pm
by The Parkus Empire » Thu Feb 24, 2011 4:36 pm
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