Interest Is a Deception
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...