Remember the Fukashima boomers volunteering to wade into high rad areas, citing the need for the old to sacrifice for the young? Western boomers unironically giving their children to moloch, completely Judaized.
That's OK but the system is rigged against you. Consider: If the banks create $1 billion and lend it to you at 1% interest, when the interest is due you will owe $1.01 billion. Where will you ever get that $10 million from? Only $1 billion was ever created.
So, you borrow more money to pay off that interest but that also comes with interest. Eventually, you will owe the bankers $trillions - which is where we are now.
Agree! Nevertheless the borrow attitude vs work and save is what got us here. The kids want what mom and dad have without working a lifetime to get…and that my fren is the problem with todays debt 💸 in our society.
Commercial loans are not an issue, interest on money lent is not an issue, the credit system and fractional reserve and socialised losses for wall street are the issue. That, and the fed, but still... I'll lay it out for the slow of thinking below.
You want to rent a car for a week.
You pay 500USD to rent a car for a week.
The car was worth X
You rented X dollars for a week for 500USD.
You want to borrow 20,000 USD for a week.
You pay to rent the money for a week.
The money was worth X
You rented a car's worth of asset for a week for 500 USD.
If anyone is against interest for the mere sake of it being interest, they're against the concept of renting anything at all, whether that be a suit, car, yacht, or wedding ground.
No retard, charging interest on money you never had and lent out (Fractional lending) is the problem, please keep reading the above until it makes sense. Money now is worth more than money later, if you wish to rent someone's money for a period you pay a rental fee, because rented money can be divvied up into tiny amounts it's called interest and not a rental fee, if it was simply called a rental fee and you had to return the amount you borrowed as a lump sum with the rental fee up front brainlets like you would understand it better.
The idea of usury conceptually is in the vein of "Daylight robbery", like payday loans with an AER of 4800%, usurious loans by China to Africa with the intent they default on it in order to seize assets, charging 5% interest on a mortgage for your house is not usury.
Maybe it's because I'm really a high ranking executive at credit suisse and need usury, whatever you've decided it means to survive or something - that it? Fuck off and die you thick cunt. You know who are against commercial loans inherently? People who have never needed a commercial loan to engage in commerce successfully, aka bums, people like you.
If a kid cannot afford a suit to go to an interview and in "retard world" is no longer allowed to rent one since it's usurious, is him being bereft of employment because of your principles better for him or not? If you cannot charge interest or a rental fee then no one would allow you to rent anything, including money, why would they accept the risk otherwise? The economy would grind to a halt and millions upon millions of people, including likely you, would die.
We understand what you are saying. Interest is a problem period. You can't pay back.more than what is lent. It doesn't exist just as you say due to fractional banking. Both are the problem and both contribute to the fallacy of what we call money
Explain to me how interest is a problem "Period" in the following situation.
Your car breaks down, you use it to get to work, the bill is 500 USD.
You use a credit card with a flat rate of 8% AER to pay for the works, 0% for the first month.
You pay back the credit card over 90 days and this costs you about 506 USD total.
The alternative was.
Car breaks down, you use it to get to work, the bill is 500USD.
You catch the bus to work until you've accrued 500 USD to pay for the works, this normally would take 90 days.
Catching the bus 5 days a week for 3 months costs you 2 dollars a day, total over the period 120USD so now you only have 380 USD spare and continue for another couple of weeks, costing you another 20 USD.
Pay for car to be repaired "Interest free" - total expenditure 640USD.
Last time I checked something taking 3.5 months to do and costing like 25x more money to facilitate (6 USD interest vs bus fares for 100 days) sounds like more of a problem than the "problem" being identified here.
You can't pay back.more than what is lent.
That is a distinct and different issue from what the guy is saying though, if you were to use bitcoin with a finite supply for a moment you can buy a replacement work computer to work from home for 10% over RRP if you pay for it over a year or you can pay RRP for it upfront "Without interest" but save for it first. If you need a replacement work computer because you personally spilled coffee all over it and the alternative is a 2 hour commute then getting the replacement now at 10% interest is infinitely better than commuting to the site for 2 hours a day isn't it? So no, interest is not a problem "period", period. Usury, foreign occupation of your money supply and fractional lending is. People going around shouting into the sky how "Interest is a problem inherently" just signal to TPTB that you understand nothing and shouldn't be taken seriously, without interest as a concept, why would anyone anywhere ever lend you money?
Just never borrow money then herr derp.
So entrepreneurs from working class backgrounds with no familial wealth reserves just go uncapitalized when they're trying to invent something that would be commercially successful and make the world a better place?
u·su·ry
/ˈyo͞oZH(ə)rē/
Learn to pronounce
noun
the illegal action or practice of lending money at unreasonably high rates of interest.
"the medieval prohibition on usury"
Similar:
extortionate
Wages haven't increased though from the little I understand, correct? So, the parents, even though they worked hard and saved, the dollar went further for them. It would take more years of working for the kids to buy the things that their parents bought. Plus, a lot of things were built a lot better back in their day. Now, everything's crap.
Mom stayed home to raise the children while dad worked and provided with one income bought a home and car a vacations. Todays generation two incomes one rental, 2 leased cars and a ton of debt.
The entire concept of money just keeps the world in a slave state. It will always cause greed and corruption in the long run, and evil people will always use it against good natured people.
Here is your truth. We are not the debtors. We are the creditors. These idiots took out all that money and without being open about it, they borrowed it from us. Technically they owe the money to us not the deep state. Nesara is to relieve THEM of debt not us. How, they used our fidelity accounts attached to our SSN or birth certificates and took the money. Our money. Sounds like crazy talk doesn't it. Wait till you find out the truth about how wealthy we all are and how all this was done to us.
They signed off on mass third world migration to "Grow the economy" to pay for it.
Remember the Fukashima boomers volunteering to wade into high rad areas, citing the need for the old to sacrifice for the young? Western boomers unironically giving their children to moloch, completely Judaized.
Russian boomers grew up in Communism. They don't want to go back to it.
Boomers are saving your puppy dog asses too. Trumps a boomer.
That's OK but the system is rigged against you. Consider: If the banks create $1 billion and lend it to you at 1% interest, when the interest is due you will owe $1.01 billion. Where will you ever get that $10 million from? Only $1 billion was ever created.
So, you borrow more money to pay off that interest but that also comes with interest. Eventually, you will owe the bankers $trillions - which is where we are now.
Agree! Nevertheless the borrow attitude vs work and save is what got us here. The kids want what mom and dad have without working a lifetime to get…and that my fren is the problem with todays debt 💸 in our society.
Imagine a world without commercial lending, where people either work for or are given what they have (such as passed down).
Commercial loans are not an issue, interest on money lent is not an issue, the credit system and fractional reserve and socialised losses for wall street are the issue. That, and the fed, but still... I'll lay it out for the slow of thinking below.
You want to rent a car for a week.
You pay 500USD to rent a car for a week.
The car was worth X
You rented X dollars for a week for 500USD.
You want to borrow 20,000 USD for a week.
You pay to rent the money for a week.
The money was worth X
You rented a car's worth of asset for a week for 500 USD.
If anyone is against interest for the mere sake of it being interest, they're against the concept of renting anything at all, whether that be a suit, car, yacht, or wedding ground.
sorry but charging interest absolutely IS an issue. usury needs to be punishable by death like in the good old days.
No retard, charging interest on money you never had and lent out (Fractional lending) is the problem, please keep reading the above until it makes sense. Money now is worth more than money later, if you wish to rent someone's money for a period you pay a rental fee, because rented money can be divvied up into tiny amounts it's called interest and not a rental fee, if it was simply called a rental fee and you had to return the amount you borrowed as a lump sum with the rental fee up front brainlets like you would understand it better.
The idea of usury conceptually is in the vein of "Daylight robbery", like payday loans with an AER of 4800%, usurious loans by China to Africa with the intent they default on it in order to seize assets, charging 5% interest on a mortgage for your house is not usury.
hmmm i wonder why this pissed you off so much…
Maybe it's because I'm really a high ranking executive at credit suisse and need usury, whatever you've decided it means to survive or something - that it? Fuck off and die you thick cunt. You know who are against commercial loans inherently? People who have never needed a commercial loan to engage in commerce successfully, aka bums, people like you.
If a kid cannot afford a suit to go to an interview and in "retard world" is no longer allowed to rent one since it's usurious, is him being bereft of employment because of your principles better for him or not? If you cannot charge interest or a rental fee then no one would allow you to rent anything, including money, why would they accept the risk otherwise? The economy would grind to a halt and millions upon millions of people, including likely you, would die.
We understand what you are saying. Interest is a problem period. You can't pay back.more than what is lent. It doesn't exist just as you say due to fractional banking. Both are the problem and both contribute to the fallacy of what we call money
Explain to me how interest is a problem "Period" in the following situation.
The alternative was.
Last time I checked something taking 3.5 months to do and costing like 25x more money to facilitate (6 USD interest vs bus fares for 100 days) sounds like more of a problem than the "problem" being identified here.
That is a distinct and different issue from what the guy is saying though, if you were to use bitcoin with a finite supply for a moment you can buy a replacement work computer to work from home for 10% over RRP if you pay for it over a year or you can pay RRP for it upfront "Without interest" but save for it first. If you need a replacement work computer because you personally spilled coffee all over it and the alternative is a 2 hour commute then getting the replacement now at 10% interest is infinitely better than commuting to the site for 2 hours a day isn't it? So no, interest is not a problem "period", period. Usury, foreign occupation of your money supply and fractional lending is. People going around shouting into the sky how "Interest is a problem inherently" just signal to TPTB that you understand nothing and shouldn't be taken seriously, without interest as a concept, why would anyone anywhere ever lend you money?
So entrepreneurs from working class backgrounds with no familial wealth reserves just go uncapitalized when they're trying to invent something that would be commercially successful and make the world a better place?
Bullshit. Interest on money is the problem. If I have the right to print money too then yes interest is ok.
Interest is certainly an issue for money placed into circulation.
Only private money should have the ability to charge interest. Not the fed because it immediately requires more back.than is in circulation.
Interest is NOT usury.
I know hun, that's literally what I'm telling the guy.
maybe I replied to the wrong post, was not disagreeing with ya fren.
u·su·ry /ˈyo͞oZH(ə)rē/ Learn to pronounce noun the illegal action or practice of lending money at unreasonably high rates of interest. "the medieval prohibition on usury" Similar: extortionate
Google the definition
unreasonably high interests, yes, this is usury, but reasonably high interests are OK
Wages haven't increased though from the little I understand, correct? So, the parents, even though they worked hard and saved, the dollar went further for them. It would take more years of working for the kids to buy the things that their parents bought. Plus, a lot of things were built a lot better back in their day. Now, everything's crap.
Mom stayed home to raise the children while dad worked and provided with one income bought a home and car a vacations. Todays generation two incomes one rental, 2 leased cars and a ton of debt.
usury
I used to say that same thing. I guess it wasn't In vain.
If money is a placeholder for value then it should not have have interest attached.
The entire concept of money just keeps the world in a slave state. It will always cause greed and corruption in the long run, and evil people will always use it against good natured people.
Be glad it's over and there might be a refundable deposit on a few items recoverd.
Here is your truth. We are not the debtors. We are the creditors. These idiots took out all that money and without being open about it, they borrowed it from us. Technically they owe the money to us not the deep state. Nesara is to relieve THEM of debt not us. How, they used our fidelity accounts attached to our SSN or birth certificates and took the money. Our money. Sounds like crazy talk doesn't it. Wait till you find out the truth about how wealthy we all are and how all this was done to us.
This should be an amendment punishable by death.
"I killed the Bank." - Andrew Jackson