DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - outstanding interview w/ mike maloney on banking, money and taxes!

**wrenjmerg** · 10-27-2011, 02:33 AM

Basically all those stories describe is a god like all powerful deity using an unfair advantage to parasite off his neighbor. The person doing the actual work is the only one contributing anything of value to those around him.

Compound interest is an insidious reality that degrades the quality of life for everyone participating in it.

All you need is a money system without debt, and compound interest baked in by default, and people wouldn't have to run around paying off the debt balloon in the first place, which all trickles up to the one who sits back doing nothing.

It's not too hard to comprehend one craftsman/tradesman/farmer/intellectual/butcher/baker/doctor etc... can use a non parasitic money system to engage with another to get the tools he needs to better himself. In reality nobody needs the do nothing parasite with the gold coins to better their lives.

If a unit of work = value, then by default the one at the top doing no work = no value.

10-27-2011, 02:33 AM	#10
wrenjmerg Join Date Oct 2005 Posts 579 Senior Member	Basically all those stories describe is a god like all powerful deity using an unfair advantage to parasite off his neighbor. The person doing the actual work is the only one contributing anything of value to those around him. Compound interest is an insidious reality that degrades the quality of life for everyone participating in it. All you need is a money system without debt, and compound interest baked in by default, and people wouldn't have to run around paying off the debt balloon in the first place, which all trickles up to the one who sits back doing nothing. It's not too hard to comprehend one craftsman/tradesman/farmer/intellectual/butcher/baker/doctor etc... can use a non parasitic money system to engage with another to get the tools he needs to better himself. In reality nobody needs the do nothing parasite with the gold coins to better their lives. If a unit of work = value, then by default the one at the top doing no work = no value.
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