The Philosopher
Well-Known Member
The control of people via interest rates you say? It’s the way of the world.It's not only tough on people but terrible for the wider economy, spending power literally removed from it through arbitrary interest rates. The whole system needs reform imo, the city is a leech.
It’s society based on fractional reserve banking - basically a huge ponzi scheme backed by bricks and mortar, bits of paper and sentiment.
Debt = slavery.
Get people into debt and forever take a slice of what they earn. It’s going further now with “debanking” and wait until central bank digital currency comes in; total control of government and banks over people
There are alternative lending models that some countries try before being liberated by the USA.
Just saying how it is.