Disliked{quote} None of the western governments can move to a value based system instead of a debt based system at this time. To move to a value based system, they would have to generate tax revenue equal to or greater than spending. This hasn't happened for decades! There is simply no political appetite for this type of change in structure. The US also tipped their hand when they declared that they would create the right to devalue currency holdings of individual digital currency balances. They did not say what would trigger such a move, although their...Ignored
There are countries like Canada still and for long time run on value based system.
The government here values a lot of their citizens well being... and that is why they run and still run to offer to cover the short comings to Canadian citizens.
If they bother about debt, they will stop to offer the short comings.
This my opinion.
Intraday only.