h a l f b a k e r yCompound disinterest.
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With Puerto Rico's impending bankruptcy, not to mention any
number of towns in Cali, New Jersey, etc, etc, municipal
bonds
are so yesterday.
And with tax payment lines literally out the door in some of
our neighborhoods as folks try to prepay exorbitant SALT
(State
and Local) taxes to
avoid penalties under the new US Tax
Law,
payment frictions have been exposed for all to see.
In the olden days (why does olden sound like golden) of
yore,
each city state minted its own currency. Whatever rationale
is
being used for Brexit, for the virtues of local and state
government experimentation with various models, can surely
be also applied to running local economies via specialized
tokens which can adequately respond to their specialized
citizens needs.
Plus, since cryptocurrency speculation has become the
favorite
pastime of the Millennial generation, here's a way to solve
everything from simple budget shortfalls to massive pension
deficits, all in one fell swoop.
The end of a world of nation states?
https://aeon.co/ess...ates-may-be-upon-us
[theircompetitor, Dec 27 2017]
[link]
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//tax payment lines literally out the door// the internet could be of some assistance here, methinks. |
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Not if you're paying with a cow, two wagon-loads of wheat, a
barrow of turnips and eight chickens. |
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Our town takes exact change. Though checks are accepted. |
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Do you get anything in return ? |
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Keep the house? Well, a reasonably decent education system |
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//Whatever rationale is being used for Brexit// |
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Ah. I understand the current conversation in the British cabinet room is along the lines of "Who's brought the rationale?" "Wait, didn't you?" "No, I thought you had one." "No, it wasn't me; it was *her* job to [...]" "I was off sick that day" "I thought *everyone* knew [...]" "Didn't we all agree to [...]" "Well *I* didn't. *I* always said that [...]" |
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// Well, a reasonably decent education system // |
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Didn't do much for you, though, did it ? |
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Nah, the credit for that would go to Brooklyn, Haifa, and
the Union of Soviet Socialist Republics, New Jersey had no
part in that. Kids and grandkids are a different story
though. |
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// Brooklyn ... Union of Soviet Socialist Republics ... New Jersey // |
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And the difference is ... ? |
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//Our town takes exact change. Though checks are accepted.// |
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Wait a second. You actually have to go there and hand over either cash or a signed paper cheque? Are you aware that it has been possible, for really quite a while now, to send money telegraphically and by other more complicated electronic methods? |
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most people actually pay their taxes through their lender
(mortgage holder). But if you own your house outright, or if
you've chosen to ask the lender to decouple the tax payment,
you can pay directly. No, the towns don't tend to have any
online options that I'm aware of. |
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