That difference is the difference between slavery and personal responsibility.
Debt is debt. You are skipping the real issue. The issue is a debt based society v. a pay after you earn society. The difference is absolutely gigantic, as you will see when I expose the history of it.
there has never been a system where an individual can issue their own currency backed by their own labour.
This really is effectively what we have. It may seem like the bank is issuing the currency, but it is a "choice" that you make. (I put choice in quotes because its not really a choice but a purposeful design of our current system. It IS the fraud.) The money you get from the bank is created on the spot. A "loan" is not a loan, it is the creation of money at your request, for you to use as you please. It is backed by your future labor. What we have is exactly what your sentence says.
Thats splitting a big hair.
If I'm making a lot of engines, taking a bar and turning it into wire is placing it in a machine, coming back from lunch and having an engine. Don't create an argument where none exists.
If you take a loan you cannot pay, then you will suffer.
Why would we create a society whose primary design is "you work or else you suffer?"
If I have to work to save and then I can buy something, then it's mine. There is no need to "avoid suffering." If society is set up so that I can follow a reasonable path to work, save up and buy something, that is a society that encourages good, responsible, rewarding behavior. If society is instead set up so that I either "pay my debts" or "suffer the consequences" that is no where near as positive of a society.
History shows clearly that we never had such a debt based society until the CABAL forced it on us. If you go to a village in random BFE you will find that people work, earn, and use what they earned to buy something (through barter, with real assets). That is taking responsibility. That is working for what you want.
What you are describing is being responsible to avoid getting fucked by a system that is going to fuck you if you don't. What I am talking about is taking responsibility to work, then get what you want after you have put in the work, because the system is designed to encourage you to work to get what you want after you have done so.
Or should I promise to do work tomorrow and get the bread now.
I am NOT saying debt has no place. I am saying that creating a system that is designed around debt is a systm that is far, far worse than one that is not based on debt, but upon working for what you want, and then getting it after you've done the work.
If society is set up so that I can reasonable work, save up and buy something
I do agree with this goal, but practically I just dont see this happening unless we are in a "free energy" society. We dont want people working all their lives to save up for vacations or buying a home etc. I just cannot imagine a society where I can start working and afford to buy a home. Maybe its possible, I just cant visualise it.
In this part I agree. A person taking a loan can be irresponsible and the temptation will always be there. The difference is that the only people who suffer as a result are the people holding his currency. His currency loses value and he will be forced to live strictly within his means. This will help his currency slowly regain strength.
However it wont collapse the whole system, nor will he lose his house and all possessions because, as you will see if you analyse this more, it's not really a loan. It has no collateral. The only thing that takes the hit is the value of his currency which is how it should be.
It may seem like the bank is issuing the currency, but it is a "choice" that you make. It is created on the spot at your request. A "loan" is not a loan, it is the creation of money at your request
I understand how a bank loan is created, but its not the same as you issuing your own currency as I pointed out before. Firstly, you have to pay interest, and secondly a loan is deadly because it has collateral.
So in both these aspects it's different. You dont pay any interest and you issue your own currency, which is not a loan - there is no collateral. The person accepting your currency is accepting it knowing fully well that it may lose value.
So thinking more about this - it's not debt based at all, since there is no collateral nor the ability for anyone to force you to do anything. All you lose is the value of your currency, as it should be.
I do agree with this goal, but practically I just dont see this happening unless we are in a "free energy" society. We dont want people working all their lives to save up for vacations or buying a home etc.
This thinking is the training of the fraudulent system we have been living in.
Did you know that if House prices followed inflation since the creation of the Fed the average house price right now would be about $50k? A new car would be around 10k. The entire system has been designed to make us feel powerless. The entire thing is a fraud. Nothing is what it seems to be. You can't base any system on what we have been living through, you must dig into history. All of this evidence will be in my report. The whole thing will be exposed. Debt is not required. How could it be? For thousands of years it wasn't required. Why would it be now? Of course it's because of the design of the system.
Firstly, you have to pay interest, and secondly a loan is deadly because it has collateral.
Meh. The interest is not really the issue. The real issue is leverage. Interest atm is like 2%. Its a pittance. Of course that's not always the case, and I don't mean to downplay it, but it's not the real issue. The real issue is one of empowerment. Loans take power away from the person. The person feels the debt. Society is set up to create a feeling of a lack of personal power. The whole thing is designed that way. These things you are talking about, while not trivial, really aren't the real issue. The real issue is one of psychology, and the Cabal know it. It is this psychology of a lack of personal power that keeps us locked in the Matrix, that keeps us slaves.
Collateral is not just what else you own. It is your future labor. That's the *real" collateral. I have gotten loans without collateral, based on my work alone. It is the design of society to give leverage to the person who gives the loan. Leverage is power. The person giving the loan feels the power, the person taking out the loan feels the loss of it. THAT is the real debt of a debt based society.
nor the ability for anyone to force you to do anything
Anytime there is debt, there is the ability for someone to force things upon you, even if it isn't "by law" it is by leverage. Leverage is a very real thing, even if it is psychological. In fact, it quite literally is the most powerful thing in the world. It has run the world for millennia. My upcoming report will make that clear (at least it will make it clear for 150 years or so).
Debt is debt. You are skipping the real issue. The issue is a debt based society v. a pay after you earn society. The difference is absolutely gigantic, as you will see when I expose the history of it.
This really is effectively what we have. It may seem like the bank is issuing the currency, but it is a "choice" that you make. (I put choice in quotes because its not really a choice but a purposeful design of our current system. It IS the fraud.) The money you get from the bank is created on the spot. A "loan" is not a loan, it is the creation of money at your request, for you to use as you please. It is backed by your future labor. What we have is exactly what your sentence says.
If I'm making a lot of engines, taking a bar and turning it into wire is placing it in a machine, coming back from lunch and having an engine. Don't create an argument where none exists.
Why would we create a society whose primary design is "you work or else you suffer?"
If I have to work to save and then I can buy something, then it's mine. There is no need to "avoid suffering." If society is set up so that I can follow a reasonable path to work, save up and buy something, that is a society that encourages good, responsible, rewarding behavior. If society is instead set up so that I either "pay my debts" or "suffer the consequences" that is no where near as positive of a society.
History shows clearly that we never had such a debt based society until the CABAL forced it on us. If you go to a village in random BFE you will find that people work, earn, and use what they earned to buy something (through barter, with real assets). That is taking responsibility. That is working for what you want.
What you are describing is being responsible to avoid getting fucked by a system that is going to fuck you if you don't. What I am talking about is taking responsibility to work, then get what you want after you have put in the work, because the system is designed to encourage you to work to get what you want after you have done so.
I am NOT saying debt has no place. I am saying that creating a system that is designed around debt is a systm that is far, far worse than one that is not based on debt, but upon working for what you want, and then getting it after you've done the work.
I do agree with this goal, but practically I just dont see this happening unless we are in a "free energy" society. We dont want people working all their lives to save up for vacations or buying a home etc. I just cannot imagine a society where I can start working and afford to buy a home. Maybe its possible, I just cant visualise it.
In this part I agree. A person taking a loan can be irresponsible and the temptation will always be there. The difference is that the only people who suffer as a result are the people holding his currency. His currency loses value and he will be forced to live strictly within his means. This will help his currency slowly regain strength.
However it wont collapse the whole system, nor will he lose his house and all possessions because, as you will see if you analyse this more, it's not really a loan. It has no collateral. The only thing that takes the hit is the value of his currency which is how it should be.
I understand how a bank loan is created, but its not the same as you issuing your own currency as I pointed out before. Firstly, you have to pay interest, and secondly a loan is deadly because it has collateral.
So in both these aspects it's different. You dont pay any interest and you issue your own currency, which is not a loan - there is no collateral. The person accepting your currency is accepting it knowing fully well that it may lose value.
So thinking more about this - it's not debt based at all, since there is no collateral nor the ability for anyone to force you to do anything. All you lose is the value of your currency, as it should be.
This thinking is the training of the fraudulent system we have been living in.
Did you know that if House prices followed inflation since the creation of the Fed the average house price right now would be about $50k? A new car would be around 10k. The entire system has been designed to make us feel powerless. The entire thing is a fraud. Nothing is what it seems to be. You can't base any system on what we have been living through, you must dig into history. All of this evidence will be in my report. The whole thing will be exposed. Debt is not required. How could it be? For thousands of years it wasn't required. Why would it be now? Of course it's because of the design of the system.
Meh. The interest is not really the issue. The real issue is leverage. Interest atm is like 2%. Its a pittance. Of course that's not always the case, and I don't mean to downplay it, but it's not the real issue. The real issue is one of empowerment. Loans take power away from the person. The person feels the debt. Society is set up to create a feeling of a lack of personal power. The whole thing is designed that way. These things you are talking about, while not trivial, really aren't the real issue. The real issue is one of psychology, and the Cabal know it. It is this psychology of a lack of personal power that keeps us locked in the Matrix, that keeps us slaves.
Collateral is not just what else you own. It is your future labor. That's the *real" collateral. I have gotten loans without collateral, based on my work alone. It is the design of society to give leverage to the person who gives the loan. Leverage is power. The person giving the loan feels the power, the person taking out the loan feels the loss of it. THAT is the real debt of a debt based society.
Anytime there is debt, there is the ability for someone to force things upon you, even if it isn't "by law" it is by leverage. Leverage is a very real thing, even if it is psychological. In fact, it quite literally is the most powerful thing in the world. It has run the world for millennia. My upcoming report will make that clear (at least it will make it clear for 150 years or so).