I like this suggestion, but rather than being strictly deflationary I would say that the fine should be automatically allocated to something actually good but not just funding law enforcement or any other government program. maybe fines should be replaced with compulsory charity
-
-
-
nice in principle, up until the 401(c)3 certification of the Blood and Soil Foundation for the Preservation of European Culture
-
Reputable! The problem of credentialing is a hard one but solvable imo
-
i don't think it is you are absolutely, positively never going to be able to not credential the Policemen's Really Very Good Charity
-
I think that's a legitimate charity and if a person is judicially required to donate it should be an option, but not the only option.
-
or rather, as much as I have beef with most of what I see presently from urban police departments, I don't think they are necessarily corrupt and that in principle a charity operated by and for police might be a legitimate good. e.g. providing for the widows of fallen officers.
-
okay. but on the other hand, if fines destroy money, consider the incentive structure when corporate America has a motivation to self-police to keep the fuckin' currency from going deflationary
-
that gives them a powerful mechanism to manipulate the money supply via second order consequences and they can price their debt instruments accordingly which is horrible
- 1 more reply
New conversation -
-
-
What if the money was then loaded into non-lethal weaponry? So instead of rubber bullets protesters are shot with ill-gotten wads of paper money? That way cops would think twice before showering protesters with hard, painful cash.
-
fuckin' magic
End of conversation
New conversation -
-
-
The money gets put into robots that distribute it to homeless people.
-
can't do it now the system is incentivized to generate crimes instead of directly addressing homelessness that's why it has to be taken out of circulation, financial fungibility means whatever you try to benefit using extractive practices you destroy
-
Ahhhh yeah okay.
End of conversation
New conversation -
-
-
All fines are used to pay for basic income. Fines are wealth-proportional.
-
It’s already incentivized to generate crimes. Hence the wealth proportional fines. Target the rich instead.
End of conversation
New conversation -
-
-
Oh my god, yes.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.