I read not too long ago the world's total GDP is around 91 trillion a year and the bankers have overleveraged it over 20 times to the tune of a few quadrillion dollars that literally does not exist. Basically every dollar of worth ever created would have to be paid back at least 20 times if not more just to level the books.
The simple temporary fix is jubilee. The permanent fix is follow the Constitution. Let Congress create money as credit, not debt. Base it on gold, and collect no interest.
I read not too long ago the world's total GDP is around 91 trillion a year and the bankers have overleveraged it over 20 times to the tune of a few quadrillion dollars that literally does not exist. Basically every dollar of worth ever created would have to be paid back at least 20 times if not more just to level the books.
The simple temporary fix is jubilee. The permanent fix is follow the Constitution. Let Congress create money as credit, not debt. Base it on gold, and collect no interest.
Correct. Government creates money, a national bank... not outsourced deals with private international banking cabals a la the FED