Australian Reserve Bank Declares It’s BUST! Hoorah! Goodbye Satan.
After years of printing worthless, toilet paper Fiat currency the illusion is finally over. The entire private western central banking system has once again reached the end of another 40-50 year…
... and ... NOBODY will ever loan anybody any money.
Interest is a fee for the RISK of loaning the money and possibly never getting it back.
It is legit.
What is NOT legit is a MONOPOLY on creating money from nothing, and a government that can spend any amount for anything.
there is no risk for the central bank. they create loan money out of thin air and write off bad debt.