DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Where has all the money in the world gone?

**comprar-espana** · 06-11-2012, 03:30 PM

As to where the money has gone ... creation of money is based upon borrowing. You create the money for your $200,000 home by signing a document stating you are planning on repaying the loan. What you don't create is the interest required to service the loan. The money for the interest must come from some outside source and everyone with loans compete for an ever dwindling supply of money guarantees that the surplus money will vanish.

06-11-2012, 03:30 PM	#12
comprar-espana Join Date Oct 2005 Posts 517 Senior Member	As to where the money has gone ... creation of money is based upon borrowing. You create the money for your $200,000 home by signing a document stating you are planning on repaying the loan. What you don't create is the interest required to service the loan. The money for the interest must come from some outside source and everyone with loans compete for an ever dwindling supply of money guarantees that the surplus money will vanish.
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