If the debt is more the the amount of money in circulation how can it ever be payed off?
If the debt is more the the amount of money in circulation how can it ever be payed off?
Parker Torres
Alexander Price
It cannot. It's a pyramid scheme by banking cartel Jews. Only expulsion is the solution.
Joseph Hall
Will the banks ever try taking all of peoples assets? Such as cars and houses? I don't see how that wouldn't end in revoloution.
Brayden Gray
why, by printing more money, of course!
Isaiah Carter
It ends when we all take our money out of the big banks and put it into credit unions. Then their assets become backed by nothing and they fail.
Liam Ward
But if they print money they than have to lend it to America as America doesn't make it's own money.
Camden Wood
There was a test-run after 2008. Several million properties in the US went through a foreclosure process of some type, and there was no violence associated with it. "Occupy Wall Street" was easily neutralized by injecting identity politics into the movement, and "the Tea Party" was easily hijacked by professional political operatives.
Caleb Price
Im with you
Jacob Adams
Good luck the jews are pushing for digital only soon and that will never be an option. Better invest in precious metals before.
Julian Jackson
Jaxon Clark
They don't want you to pay them back as long as you pay the interest. Banks borrow money from a central bank and then lend it to you at a slightly higher interest rate than the banks have to pay the central bank. The loan from the central bank doesn't have a due date so the bank doesn't ever need you to pay your money back, as long as you keep paying the interest.
Dylan Gray
So it is designed to get you into as much ebt as possible?
Christian Sullivan
Are you just realizing this? Our society is built around keeping the young in debt and in the rat race until they're too old to change anything anymore.
Charles Sanchez
Pepe isn't copyrighted material. Article 13 has no effect on it. Frogpost to your heat's content.
Andrew Nguyen
Bentley Fisher
i like it regardless
Zachary Cruz
>expulsion
That's a funny way of spelling gassing
Jason Lewis
>If the debt is more the the amount of money in circulation how can it ever be payed off?
Slowly.
Credit gets wiped out when debt is paid. Vanishes.
Paper money (hard currency), does not, it keeps going round and round.
The key is the ratio of paper to credit in the economy.
-> ALWAYS pay with cash, not credit.
Lucas White
Money itself is a liability to the government. The only difference between money and bonds is that one pays interest.
Elijah Nelson
>always pay with cash
somethings that's not possible
Charles Anderson
It’s called monetisation of the debt. You just print it.
Christian Watson
FUCK I HATE JEWS IN MINECRAFT
I WANT TO REMOVE THEM THEY TOOK MY DIAMOND SWORD IN MINECRAFT
Thomas Carter
It can't
Luke Scott
would it be economically feasable to forgive all debt national corporate and personal debt all at once?
would the world be kill?
Jose Murphy
the debt isn't real and can be reset at any time
Angel Foster
just borrow more money lmao
Josiah Adams
If you borrow 300k from a bank you have to pay back 420k in the next 20 years
They say its 2.5% interest, but 420k is 40% more than 300k?
What kind of jewish magic is this?
Its clearly 40% interest but they say 2.5%?
Sebastian Sullivan
Christian Campbell
If you forgive all the debt you also set everyone's money to 0. The only way to soft reset debt is to do what Hitler did - start a national exchange with another currency.
Ian Thomas
According to Dr. Michael Hudson -- The Babylonians would forgive all the debts every set number of years.
Not only did it boost the economy, as money was put to use instead of just going to debt service
And it wiped out any possible opposition to the King's rule by eliminating the power that had accrued in the hands of the lenders.
Colton Richardson
That went way over your head newfag
Jaxson Smith
It can’t be.
Every single dollar in the world is created out of debt.
If every single debt in the world was paid off, then every single dollar would be returned to the bank.
Unfortunately since we have interest, that situation could never happen. Because even after every single dollar is paid back to the bank, you still have to pay that interest.
Interest is inherently damaging to an economy.