I respectfully disagree to this proposal. How can you lend someone anything when you're severely broke, need I say by 34 trillion dollars? You are only in a position to beg. Its just insane to think otherwise.
Now....if Trump has those 650 plane loads of gold as Jane Harper Hayes claims and has already issued a check to US treasury to clear all debts as some others claim, that would nullify all the debt and only then his statement would make sense. Come'on, big T... spill it!
I disagree with the "no interest" and "unlimited life", at a minimum. Lending money isn't free for anyone, so why shouldn't countries have the same type of terms?
Perhaps, but when talking of lending, how does one ensure repayment?
Of course, banks and the like offer no interest if paid in X amount of time that you agree to when making a purchase -- so the goal isn't always to directly make money from every purchase using credit.
But when you fail to make payments on time, the price goes up and they end up making money off of you. They are able to enforce this because of government, police, etc.
How do we peaceably lend -- at any interest rate -- without essentially footing the bill for them? We wouldn't be able to wage war for those ends or forcibly take equivalent value from them.
Obviously lending has to be done sensibly, in considerably small numbers, and if payment is missed then said country should go into bad standing and if another payment is missed, then they are blacklisted for X amount of years from any lending including aid for national disasters -- or alternatively, blacklisted until their debt is paid off with interest.
I respectfully disagree to this proposal. How can you lend someone anything when you're severely broke, need I say by 34 trillion dollars? You are only in a position to beg. Its just insane to think otherwise.
Now....if Trump has those 650 plane loads of gold as Jane Harper Hayes claims and has already issued a check to US treasury to clear all debts as some others claim, that would nullify all the debt and only then his statement would make sense. Come'on, big T... spill it!
I disagree with the "no interest" and "unlimited life", at a minimum. Lending money isn't free for anyone, so why shouldn't countries have the same type of terms?
Agree bigly.
We should also require “extreme accountability” as Stew Peters says.
No more Foreign Aid Money Laundering !
Usery is ungodly. But we could have other assets given in return.
Agree, what about 0% interest with huge fines or late fees?
Perhaps, but when talking of lending, how does one ensure repayment?
Of course, banks and the like offer no interest if paid in X amount of time that you agree to when making a purchase -- so the goal isn't always to directly make money from every purchase using credit.
But when you fail to make payments on time, the price goes up and they end up making money off of you. They are able to enforce this because of government, police, etc.
How do we peaceably lend -- at any interest rate -- without essentially footing the bill for them? We wouldn't be able to wage war for those ends or forcibly take equivalent value from them.
Obviously lending has to be done sensibly, in considerably small numbers, and if payment is missed then said country should go into bad standing and if another payment is missed, then they are blacklisted for X amount of years from any lending including aid for national disasters -- or alternatively, blacklisted until their debt is paid off with interest.
I have a feeling this is linked to the financial reset and the abolition of usury.
Agree. It's another Billy issue being brought to the forefront.