skatardude10
09-20-2008, 04:19 PM
I understand this may have been posted before because this forum is all about sustainability in the future, anyways, here's my post... the video I have included is very simple to understand for any semi-intelligent person, and it provides great alternatives to our current system. I will start.
Money is Debt because all money is loaned out at interest.
Eventually, ALL the money must be paid back to the bankers, and the only way to keep the system going is to continually pump exponentially escalating amounts of money into the system. Back in the early days, money was considered simply as a medium for trading actual assets rather than a promise to repay debts. An exponentially increasing economy is not compatible with a sustainable society. Eventually, the bankers own everything... Like our house, all our hard assets, simply because the interest to be paid back on all of our money far exceeds the amount of money in the first place... and with fractional reserve banking requirements essentially gone, this increase in debt is literally infinite. Why is wallstreet crashing? Why is the world economy crashing? Because the big bankers who sit on their ass and don't produce any real value, any real assets, simply create money to collect debt on, infinitely and exponentially untill we are all slaves to a dollar and fiat money system that is worth nothing.
How do we fix this problem? Re-destribute the wealth. Back in the old days, charging intrest on loans was called usury and was illegal, considered immoral and parasitic because those who lent money simply collected all the wealth of the society in the long run. To fix this, we need to make Intrest illegal, and get these parasites off our backs! We need to re-distribute the worlds wealth evenly and not charge intrest and keep government taxxes so they can still run to maintain the economy's infrustructure, so that we don't have exponentially de-valued dollars, with wealth centralized to any one particluar group or person... Or rather not have any government taxxes and have the debts and intrest re-distributed evenly across the whole economy, back into EVERYONE's pockets, not just one pocket. We need a sustainable, and consistent monetary system for a sustainable and renewable economy, and planet earth.
This video goes in detail to explain exactly what I am talking about. If you can get this through your head, please do so, so that when our economies inevitably go poop, we have some knowledge on how to fix things locally so we can stand up in our individual towns and restore true, morally acceptable, beneficial for all type public service money systems for the long run. We cannot accept the bankers and their parasitic schemes to eventually own every corporation, every real hard asset, because their system is designed to eventually own everything for nothing, while we are the one's that actually produce the worlds wealth, they just take advantage of it by creating money, and debt on that created money to be paid back, all out of thin air.
http://video.google.com/videoplay?docid=-9050474362583451279&hl=en
Let's get rid of the Federal Reserve, and these parasitic bankers that are de-valuing our dollar, and create ourselves a REAL sustainable, consistent money supply that constantly and exponentially decrease in value. We can do it by realizing that interest is immoral, and parasitic in the long run... and creating security by ensuring that the whole no matter what benefits by re-distributing the wealth evenly to everyone. Let's make banking a public service that works for the people rather than to impersonally enslave the people by a constantly and exponentially decreasing value of the dollars we are paid.
-Dane :thumb_yello:
Money is Debt because all money is loaned out at interest.
Eventually, ALL the money must be paid back to the bankers, and the only way to keep the system going is to continually pump exponentially escalating amounts of money into the system. Back in the early days, money was considered simply as a medium for trading actual assets rather than a promise to repay debts. An exponentially increasing economy is not compatible with a sustainable society. Eventually, the bankers own everything... Like our house, all our hard assets, simply because the interest to be paid back on all of our money far exceeds the amount of money in the first place... and with fractional reserve banking requirements essentially gone, this increase in debt is literally infinite. Why is wallstreet crashing? Why is the world economy crashing? Because the big bankers who sit on their ass and don't produce any real value, any real assets, simply create money to collect debt on, infinitely and exponentially untill we are all slaves to a dollar and fiat money system that is worth nothing.
How do we fix this problem? Re-destribute the wealth. Back in the old days, charging intrest on loans was called usury and was illegal, considered immoral and parasitic because those who lent money simply collected all the wealth of the society in the long run. To fix this, we need to make Intrest illegal, and get these parasites off our backs! We need to re-distribute the worlds wealth evenly and not charge intrest and keep government taxxes so they can still run to maintain the economy's infrustructure, so that we don't have exponentially de-valued dollars, with wealth centralized to any one particluar group or person... Or rather not have any government taxxes and have the debts and intrest re-distributed evenly across the whole economy, back into EVERYONE's pockets, not just one pocket. We need a sustainable, and consistent monetary system for a sustainable and renewable economy, and planet earth.
This video goes in detail to explain exactly what I am talking about. If you can get this through your head, please do so, so that when our economies inevitably go poop, we have some knowledge on how to fix things locally so we can stand up in our individual towns and restore true, morally acceptable, beneficial for all type public service money systems for the long run. We cannot accept the bankers and their parasitic schemes to eventually own every corporation, every real hard asset, because their system is designed to eventually own everything for nothing, while we are the one's that actually produce the worlds wealth, they just take advantage of it by creating money, and debt on that created money to be paid back, all out of thin air.
http://video.google.com/videoplay?docid=-9050474362583451279&hl=en
Let's get rid of the Federal Reserve, and these parasitic bankers that are de-valuing our dollar, and create ourselves a REAL sustainable, consistent money supply that constantly and exponentially decrease in value. We can do it by realizing that interest is immoral, and parasitic in the long run... and creating security by ensuring that the whole no matter what benefits by re-distributing the wealth evenly to everyone. Let's make banking a public service that works for the people rather than to impersonally enslave the people by a constantly and exponentially decreasing value of the dollars we are paid.
-Dane :thumb_yello: