[quote=scaredyclassic][quote=flu][quote=scaredyclassic][quote=livinincali][quote=scaredyclassic]
instead of steadily eroding savings, wouldn’t it be more effective to have it be done randomly and in larger chunks/ Anyone who leaves cash in the bank for over 6 months, say, can randomly have a 2% chunk sliced away, say up to 3x a year. it’s done randomly by a computer. the money goes toward military operations to ensure dominance of the currency. this way, people will go out and spend it all..[/quote]

That would produce one hell of a bank run. With reserve lending every bank in America would be bankrupt in that scenario. Perhaps that is a good thing.[/quote]

even if it wre just once a year, people wouldnt tolerate it. they prefer to boil to death slowly and uniformly, rather than get hacked it brutally and quickly…[/quote]

Well, I think the solution is simple. Americans love to gamble. So make the game have odds…..

That is.

If you deposit money for a full year in a bank account, you have a 10:1 odd of winning the grand prize of getting a surprise 10% increase that year… The remaining 9 people will lose 2%….
With 10 people playing one person would win 10%, 9 people would lose a total of 2% each, and there would be plenty of money left over for the government to finance it’s war problem ,drug problem, etc…[/quote]

I think this could work. Mandatory lottery for the good of the nation[/quote]I rather gamble on the RE and stock market.