Liberal Forum

This is a subject that even @FOS  hasn't broached during his tenure...but let's do a theorycraft exercise. 

How has allowing JUICE to control the money supply through CREDIT CREATION (and siphoning off profits through interest) affected society as a whole?

The first thing you might think about is mortgages. After all, mortgages are one of the most prominent debt vehicles in America today ("The American dream" and all that). Every time someone signs a 5, 15, or 30 Y loan, credit is created and the JUICE pocket the monthly payments...or get the entire house. 

And all they had to do was...type your financial info (income, assets, credit history, etc.) into a computer software program, which auto confirms/rejects the application. 

Think about how much profit is generated from a $400K mortgage @ 5%. And multiply that by over a million.

But even their (((MONEY SCHEMES))) - such as establishing a duopoly on Interchange Rates for CC (Visa and Mastercard) - don't truly reveal how much parasitism goes on.

Think about all the PUBLIC WORKS that could have been funded with the TRILLIONS in wealth siphoned off. I recall @Cannonpointer  always saying how if we dam up the Mississippi, the Southwest would be filled with lush greenery (or at least, not as desert-y). Think about all the interesting ideas - building more geothermal plants, finding material to build underwater cities, having an actual cure to cancer - that don't involve shuffling money around.

THAT is the price you paid.


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