View Single Post
  #2  
Old 07-29-2016, 07:19 PM
Nibblewitz Nibblewitz is offline
Fire Giant


Join Date: Jan 2014
Posts: 715
Default

Quote:
Originally Posted by Daywolf [You must be logged in to view images. Log in or Register.]
They get loans based on having the money already
Incorrect. Money is created by the loan, not the other way around. Now take interest into account, and bam! there's always more debt (loans and their interest) than money.

And money is the limiting factor to change; money places a premium on what can and cannot be done.

If we want things to change, we may as well scrutinize the way money and debt enters the economy. OR, we can speculate who gets voted off the island on the next episode of Survivor: Washington, D.C.