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Interest Is a Deception

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The previous post showed how inflation is based on a system of supremacy, where an elite group of people are allowed significantly greater rights than the majority, in the form of money earned.  As long as there is inflation, we can be certain, the spirit of supremacy is alive and thriving. This post dives a bit deeper, into how money is created and destroyed over time.   People, individuals and groups, in contract with banks, create money, whenever a loan of some kind is issued. People, individuals and groups, in contract with banks, destroy money, whenever a loan of some kind is paid back.   There are zero reserves in the money system, because all money comes from loans.  All loans minus all deposits equals zero. Bankers earn salaries by charging interest on a portion of the loans repaid. The interesting thing about that, is the money to pay the loans plus interest was not created.  Only the money to pay the loans was created. As a result, some people will alw...

Inflation Is For Supremacists

Let's imagine there is a small sovereign community of 4 industries: T: Tools U: Utilities H: Housing F: Food and say each industry needs to sell, for units of money, 100 per month, to the other 3 industries, each industry earning a money amount of 300; and each industry needs to buy from 3 other industries, to procure all the necessary items for all the 4 industries to thrive better together, each industry spending 300. T sells 300 to UHF; T buys 300 from UHF; U sells 300 to THF; U buys 300 from THF; H sells 300 to TUF; H buys 300 from TUF; F sells 300 to TUH; F buys 300 from TUH; 300 minus 300 is 0. The above explanation intends to show how money exchanges between industries. There is no inflation in this example because all 4 industries split their money equally. Yet in reality, people don't share money equally. In order for few people to have a lot of extra money, many people must operate with not quite enough money. Let's imagine this small sovereign community from th...