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141
IT BEGINS....THE TAKEOVER THAT NO ONE IS TALKING ABOUT [say goodbye to credit] 👀 CREDIT RED PILL 💊
posted 2 years ago by ThreeOneFIve 2 years ago by ThreeOneFIve +141 / -0

https://www.youtube.com/watch?v=g0g2PzOjFjY

Banks buying up, changing rules.

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▲ 13 ▼
– Nurarihyon_no_MAGA 13 points 2 years ago +13 / -0

I predict that post Great Awakening, Credit Cards might cease to exist altogether

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▲ 10 ▼
– bubble_bursts 10 points 2 years ago +10 / -0

How do you know whether a credit system is a evil system or not?

Here is my personal take on it. If there is no debtors prison, then the credit system is evil. Why? When there is debtors prison, the person taking the debt has to face consequences for how they handle their debt. But if not, then the whole society has to pay for people's irresponsible use of debt. And that brings us to how debt is used as a part of slave system.

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▲ 12 ▼
– HonestBobbin 12 points 2 years ago +12 / -0

I mean that is one way to look at it, another way the the biblical evil of usury.

Source Exodus 22:25, Ezekiel 18:13, Duteronomy 23:19 (there are others)

Any interest base system is flat out evil. I am hopeful another round of Trump will have a Jubilee. I hope we are that far along in the Timeline, though we might still be going into a few years of destruction. I am hoping that these past years of deep state/secret combination administration is the time of troubles.

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▲ 4 ▼
– bubble_bursts 4 points 2 years ago +4 / -0

Agreed. They used usury to control individuals and convert them into slaves and steal all their wealth. Now they are using the exact same tactic, but at country level, using central banking.

While I agree that all interest based system is evil, my simple mind cannot wrap around a world where people have no way of borrowing money. What if you fall on hard times? What if you want to start a venture?

The way the Banksters took control of the Christiandom was by filling in the void that was left since Christians were not allowed to charge interest and so many of the monarchs had no other option but to borrow money from the Banksters.

Do we want this huge gaping loophole?

What if there is a low interest based loan system, but backed by resource backed economy and without fiat fraud?

Honestly, I cant even begin to grasp the answer, and if you know me, you realise that this is very unsual.

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▲ 4 ▼
– SkarnkaiLW 4 points 2 years ago +4 / -0

Usury = a pound of flesh. A claim of ownership over a person. Without interest, you would have a loan fee (one time) or even none. Loans woud have to be collateralized such as house or car loans, If the loan can't be claim the collateral.

Interestingly with sound money you have Deflation instead of inflation, so receiving the same nominal amount would be a real gain. So, investing in community via savings = a real return. A virtuous system.

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... continue reading thread?
▲ 4 ▼
– Hope4thefuture 4 points 2 years ago +4 / -0

You are right. If one was unable to wipe out certain debts by filing for bankruptcy, I suspect people would think twice before wracking up so much debt for which everyone winds up paying.

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▲ 1 ▼
– bubble_bursts 1 point 2 years ago +1 / -0

Wee further refined it in this subthread

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▲ 2 ▼
– MewThat 2 points 2 years ago +2 / -0

Amen

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▲ 1 ▼
– eagledriver 1 point 2 years ago +1 / -0

AND ALL THE CREDIT debt rolled into a configurable application that will help people deeper in dept to GET OUT OF THE DEBT...

The financial system is a shambles due to the bank nonsense in the '80s where I was working at Merrill-Lynch in tech dept...just keeping track of the transaction was a SUPER headache due to putting NOT ONLY 2 FIELDS FOR IDENTIFICATION BUT ALSO A 32-BIT column to track that persons transactions.

Anything to make life easier for the plebes...I AM ALL IN AND FOR!!!!

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