ChatGPT: The quote you're thinking of is often attributed to Henry David Thoreau, who said:
"There are a thousand hacking at the branches of evil to one who is striking at the root."
This means that many people focus on addressing the surface-level symptoms of a problem (the branches) rather than tackling the underlying cause (the root). Thoreau’s point is that true change or resolution comes only when we address the core issues rather than just the visible effects.
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I am convinced that USURY is the ROOT of ALL EVIL.
USURY is the mechanism of our enslavement.
USURY is why we are TAX SLAVES
USURY is why we are DEBT SLAVES
USURY is the mechanism by which “the wealth” is “transferred” from the working poor, and into the hands of “the rich” or “the wealthy”
“All wealth is derived from labor”
~ Adam Smith, paraphrased
ChatGPT: The quote you're referencing is close to Adam Smith’s ideas in The Wealth of Nations, though it may not be a direct quote. Smith argued that labor is a primary source of value, stating:
"Labour was the first price, the original purchase-money that was paid for all things."
This means that labor is foundational to creating wealth, as it’s through human work that resources are transformed into valuable goods and services. Smith emphasized that the value of any commodity largely depends on the amount of labor invested in producing it.
Our entire money system is built on USURY.
So let me give you my own two personal definitions of USURY…
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Usury is the charging of money, for the use of money.
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Usury is the charging of any interest at all.
And until USURY is addressed, we will never be “free”
The Federal Reserve Note is in the final stages of life,
And the reason it failed, is the same reason EVERY usury scheme fails
Trump is just one man.
We don’t have much time to enact the monetary reforms we should make
I nominate Ron Paul for the job
Interest on a personal loan is less of a problem than interest on the issuance of currency to a government. That is the real problem.
Government needs money, so it "issues a bond". Bond buyer, a central bank, gives the face value in money to the government, then collects the interest rate every year, say 10%
But the money comes from accounting magic, taken nominally from deposits at the bank, but in reality nothing is moved, the depositors money still nominally exists for withdrawal at any time, simultaneously the government has it, spends it, and still has to pay the interest. To get that payment it taxes you, gives it to the bank. Ten years of this and the bank has all the original loan amount, but still holds the bond, year 11 and it is taking money from government (who takes it from you) for that original loan. Eventually the central banks owns everything.
The solution is not to ban interest, but to allow the government to create it's own money in proportion to the population and productivity of the nation. This is what Germany did under Hitler. The Germans created money, gave it to workers to build highways etc, that increased productivity which allowed the government to safely create more money for more productivity-increasing investments, like education or health.
There would still be banks taking deposits for safekeeping and loaning at interest, but the government would not need to use that same process to fund it's operations, rather creating it on the understanding it is used for the general welfare and in proportion to the welfare actually generated and the population coming of age and working in the economy. Provided the government is limited and non corrupt and sensible in its operations, there are few downsides.
With private issuance to the government on a fractional-reserve basis, the bank can quickly acquire ownership of whole industries via proxies, and control government by the fiat manipulation of rates under the excuse of inflation control, even while inflation is caused by the arrangement. It is basically blood-letting without killing the patient, the more blood let, the faster the bank dominates the nation. Everyone exists in a weakened state exsanguinated to exhaustion.