We as a a society have an incentive to create an efficient barter system. We as a society would have a government (who works for us) regulated...
There is no borrowing of foreign credit it would just be a way to regulate a barter system. Japan is most likely choking up the supply of the...
If everyone switched to a barter system everything would start right back up. If there was a trusted organization to appraise assets, credit...
When I wrote that I was thinking of my Grandfather so it would be more like the 50's. He was a plumber with a wife and 2 kids. He had the same...
Answer this question for me. When everything starts collapsing like it is now and lets say hypothetically it becomes a depression. Why do...
You never stated if any other money was lent out. The problem with what you are saying and with our economy is that there is $100 dollars in...
All money comes from a bank on average the difference between interest an inflation is %1. So you gain %4 and lose %5. The difference is how much...
Interest causes our money to be worth less because it gains %4 inflation and costs %5 this equals out to the money being worth 1% less on average...
The average inflation across the entire nation is caused by interest in the way I posted before.
All money at some point in time came from a bank so on average it causes a loss.
You are right but as I said in my previous post on average everyone loses the difference between the inflation and interest.
Sorry I misread it. Their are ways to make money of interest but on average everyone loses the difference between inflation and interest. If you...
Interest does drive inflation because when you make a loan your money is worth less since you have to pay the interest.
You are wrong I already stated how interest creates inflation.If I got a capital loan on a house worth $100,000 and payed the interest immediately...
%90 of people do not have 2 houses so that does not work out for the majority. If there were no interest wealth would be gained through...
Since they can take the house if I do not pay or put me in jail I do think that the risk vs reward for banks is reasonable. In order for the risk...
No you are misunderstanding what I am saying. Their would be an institution that would basically print money. They could only print money if you...
All I know is that my house would require half the labor to pay off and that the cost of most goods would drop.
No it would have to be a economic reform that people want to put into effect in great numbers.
No all I accept is that I pay $550,000 dollars for a $250,000 dollar house. That is proof to me.
Separate names with a comma.