Comments by "US Debt Implosion" (@timcampbell2023) on "Why I am not an Economic Libertarian" video.

I believe the creation of credit and the medium of exchange should be a public utility managed for the common good and not for profit. I believe in profit but precisely not when it comes to credit and the money supply. We have a sacred duty to deny the money changers of this power, a power which they use to abuse the people. We are being enslaved by the private banking and the central bank. Interest earned on loans should be used in place of tax or rebated back to the people beyond expenses. No bond system is necessary, look to the colonial scrip system practiced in Ben Franklin's time that brought unparalleled prosperity to colonies, the system that the British central bank destroyed. Look at the interest free greenback fiat Lincoln issued to win the war. The British central bank was offering 25% war loans to both sides, Lincoln issued the interest free greenback. We can do similarly to fund our expenses instead of paying over a trillion a year on interest. There are other systems than this madness we have.
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@internetconnection9290 your going to need a lot more alcohol than that for what this nation is about to experience. I suggested a simple solution that will not be implemented. Worst case scenario incoming.
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Thought expirement. If you lived in an economic system where interest was not permitted, then at some point in time one person was allowed to begin the practice of exacting interest, given enough time that person would own all the wealth in the world. And that is what we have now, the party rolling the biggest snowball will eventually crush all other snowball rollers. That is why it must come to an end, it will become an unlivable situation for the common person, they will be priced out of existence. Wealth will be consolidated into fewer hands... this is the oligarchy, this is the world we see. The bad actors will exploit this tension to its fullest potentiality. Its what revolution in the future will be made of. The gap between the haves and have nots is growing. Money is issued as debt with interest attached, who dreamed up such a system of bondage that is so inimical to humanity and the environment?
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