its just logic

money doesn't have value, it is a place holder for value

change the place holder doesn't change the value

Basically that

bread takes x human work to make. therefore it is worth x human work.

And what do you do if you're in debt. The money you borrowed yesterday becomes impossible to pay.

I mean, living within your means is the best option...

why would debt not get negative interest?

because each dollar you pay to them is now worth more than before

Getting a mortage that I can pay is living in my means, it also gives me somewhere to live.

so they don't need to recover your full debt to still make money

Ideally that would be the case

Part of the problem is that we look at the benjamins wrong

And look at work wrong.

Cultural problems

so they don't need to recover your full debt to still make money
thats not how this works.

yes it is

i give you money, you pay me back plus extra

It actually is. You're still thinking of money as a score and not as goods.

Granted EVERYTHING gets messy when you start taking loans.

they may still try and collect on that debt, but then again, you could probably take them to court

we have never really had deflation, that doesn't mean people can;t be reasonable

Real deflation hasn't been tried.

I think it has. It's called a 'hair cut' the Greeks used to it.

okay, not in modern times

They understood the problem with fiat currency

deflation isn't really a problem, nor really inflation. its the rate of change that causes problems really

So Rye if your system doesn't take into account debt then I surmise there is no intrest on savings?

its not the fall that kills you, its the sudden stop.

Not true

If you fall from high enough you will have a heart attack 😉

well then its not hte fall that killed you still lol

So, if you bought gasoline at 2.60 a gallon, and filled a 20 gallon tank. Next day, gas is worth 2.20 a gallon...

The gas in that tank is worth the same as what you'd buy at the pump

I guess that works against my point in a sense

As far as a loan goes anyway

But ideally, if you're taking a loan, you're taking that loan for something that will add value

the problem with debt is that the debt needs to be adjusted for the rate of deflation, otherwise they are asking for more money that technically are owed

Such as property.

just like debt is adjusted over time for inflation

So it's preicated on only buying things that are neccesities. not fun alowwed