Skip to main content

Interest about interest

My blog about interest

The first is well known, the second not so much.
It's a slow day in some little town........
The sun is hot....the streets are deserted.
Times are tough, everybody is in debt, and everybody lives on credit.

On this particular day a rich tourist from back west is driving thru town.
He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.
As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill at the feed store.

The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her services on credit.
She, in a flash rushes to the motel and pays off her room bill with the motel owner.
The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything.

At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves.

NOW,... no one produced anything...and no one earned anything...however the whole town is out of debt and is looking to the future with much optimism.

The other :

You and I are in a lifeboat.  I have a bottle of water, and $1.  You would like water.
So , I propose to lend you the dollar so that you can do whatever you want to do ( economic freedom).  The loan rate will be 10 %.
You agree ,and buy the water .  
But now you are in debt to me to the tune of $1 plus interest. ( 10 cents)
We are in a lifeboat there is only a bottle of water , you, me and a dollar note.
Where does that ten cents appear from and how will it get paid back.   

You now are beholdant to me until that ten cents is returned. ....

So in the first example.   What was missing , but not missing in the second example.

Interest. 

Energy can neither be created nor destroyed.  Money is a facsimile of energy.

Therefore you cannot create money unless it's backed by produce ( energy,  all the different forms of solar, either through your labour or gasoline ina car.)
If one looks at the Abrahamic religions the same abhourrance rears its head. Islam , Sharia prohibits " Riba" calling it   "Haram" ( sinful and prohibited )
In the old testament, the Shemitah is the final year in a 7 year debt cycle and land use. The purpose of the Shemitah was to allow the land to recover and to provide for the poor as well as breaking the cycle of perpetual debt and subsequent debt enslavement.
Until we address that.   All or anything that doesn't address the fundamentals is just noise.   

Btw guess who was the last person to try to address this conundrum.    Gives one a headache just thinking about it

Comments

Popular posts from this blog

  The merchant of Venice and the cowards that fear  Enough enough already.     The Crimes; Lets cut straight to the chase.   The quote, which reads, “To learn who rules over you, simply find out who you are not allowed to criticize,” was quickly identified by some users online as a quote by Kevin Alfred Strom. “Congrats, you just quoted Kevin Alfred Strom, an American neo-Nazi, who first said those words in 1993,” responded  one user. Another commented, “This quote is actually from Kevin Alfred Strom, a white supremacist and Holocaust denier who plead guilty to possession of child pornography.”  and as this is from Reuters, a platform one can trust.    You dear reader are now  a Holocaust denying kiddy diddler.    But the quote still stands.    To learn who rules over you , simply look who you cannot criticize.  Well, turn around, take off any rose colored inhibitors and look back at major events in his...

it's them again boo boo, their history

It's a pretty known fact that the Jews are chosen people and the Jewish homeland is Israel and the Jews believe in the Old Testament and that the Old Testament is about Jews.     However almost none of these facts are true nowhere in the Bible does it call the Jews gods chosen people and only about 5% of the people in the old testament could be called "Jews".    So now that you have branded me an anti-semite we can begin;    The term "anti semite"  literally means against Shem or his descendants however being anti-jewish isn't the same as being anti-semitic.       So let me explain the Semites are the descendants of a man named Shem who would father some of the world's most renowned Empires and dynasties such as the Syrian Empire and Babylonian empires. So why is it "anti-semetic" to say something against the Jews?  Well, just like stealing your religion, your homes, your money, and businesses some Jews also love stealing names...
  The Word Jew Is NOT In The Bible But Blunt Publisher Manipulation Is C H U R C H R E F O R M S E R I E S By Biblicism Institute “A lie can travel halfway around the world while the truth is putting on its shoes.” – Mark Twain The word Jew is nowhere to be found in the good book The word “Jew” did not come into existence until the year 1775 A.D., whereas the occurrences in the bible took place from around 4000 B.C. to 70 A.D. WHO IS A JEW? Its modern connotation points to someone who follows and adheres to a faith similar to that of the Pharisees of Judah, but  is not  of the tribe and stock of Judah. In other words, Jews are people from nations other than the 12 Hebrew tribes who practice a religion known as  Judaism/Pharisaism , the doctrine of the Pharisees. It is much like those who believe in Christ and are called Christians, in honor of the One whom they follow, and their religion is known as Christianity, the doctrine of Christ. If one were to say th...