DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Let's talk about the fractitional reserve banking system

**orerviche** · 01-05-2012, 01:10 PM

The interest is not 'new, immortal' money. The interest can only be paid by robbing Peter to pay Paul. The interest paid back to the bankster comes out of the pool of money that has been loaned into existence. Therefore in this crazy game of musical chairs, if all the loans were paid back there would not be a dollar in existence and no money to pay the interest. There is no primordial money but gold and silver coinage.

You misunderstood my intent. When borrowed money is paid off, the loan amortizes- dies. A mort-(death)-gage is a loan with death programmed into it. Ther interest being pais is above the principal being returned. The payment of principal kills the borrowed amount on the note... but the interest survives the transaction. That is what I meant by "immortal". It is not snuffed by repayment, but continues as an increased money supply.

01-05-2012, 01:10 PM	#26
orerviche Join Date Oct 2005 Posts 359 Senior Member	The interest is not 'new, immortal' money. The interest can only be paid by robbing Peter to pay Paul. The interest paid back to the bankster comes out of the pool of money that has been loaned into existence. Therefore in this crazy game of musical chairs, if all the loans were paid back there would not be a dollar in existence and no money to pay the interest. There is no primordial money but gold and silver coinage. You misunderstood my intent. When borrowed money is paid off, the loan amortizes- dies. A mort-(death)-gage is a loan with death programmed into it. Ther interest being pais is above the principal being returned. The payment of principal kills the borrowed amount on the note... but the interest survives the transaction. That is what I meant by "immortal". It is not snuffed by repayment, but continues as an increased money supply.
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