https://www.wsws.org/en/articles/2020/07/28/mark-j28.html
If something bad were to happen to Paper Currency in World Governments - like the Euro, the US Dollar, Yen, Pound, or other currency -- what would be the reaction? Do people revert back to the Old World currency of gold, silver, gems, shells, or coined metals? There is a "coin shortage" in USA now related to not making coins due to the work force delay of the Pandemic or metal supply. Or do they use an untested alternative World Currency (Niihau Kahelelani, UEIR Caesar, UEIR Barternote, Bitcoin, Time Dollars, etc.)? Do people print their own Currency like Time Dollars (redeemed for x number of hours of a service for a transaction, service, item, etc.)? Time Dollars are associated with a Time Bank, as found in the last recent USA Recession.
The main reason for this is of course unpaid national debts incurred by overuse of Credit and Debts of printing paper money (paper money is Credit by a Govt.). Do you use Hyperinflation Money to pay the debt, and revalue it later? If other countries depend on one nation's paper money, they are dragged down with it if there is fiscal collapse from a Depression. Paying debts helps prevent this. I suggested adding a feature to IRS Tax Forms to reduce the National Debt with a Charity donation to the "Federal Govt. National Debt Relief Fund" with a tax credit as a incentive. Currently this is done for Charity donations.
M7C 2020.
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