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Old July 5th, 2015 #6
Zorost
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Join Date: Jun 2015
Posts: 1,110
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Quote:
Originally Posted by Lorenz Kraus View Post
Financing is easier now than ever before, and no one wants to believe it.

Money is what pays taxes. You are a political movement. So, issue a worthless currency, but aim for having the currency good for taxation once you take power, at dollar parity. As your movement grows, it will gain value out of nothing, out of thin air....and hard work. To make something out of thin air is a misnomer.

Generally this only works if the revolutionary gov enforces value at the point of a gun. The Continental Congress printed money like that, which is the origin of the phrase "not worth a Continental." Or if the rev gov already controls large swaths of territory, like the CSA.

One of the big problems with this kind of monetary system is that the value depends on how likely people think you are to win. Which means when things get tough, they immediately get even tougher because the value of your currency drops. Which requires that more be printed to make up the deficit, which further degrades the value.

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A lot of 'awareness raising' is nonsense, just an excuse to hire college grads with no skills. What I plan on doing when I get excess money is donate to people that are already doing something, who didn't have to make a big deal about raising money. People that make great vids on youtube, or blogs, etc.