Thread
Our debt-based financial system is not about creating wealth. It is about control. Debt steers people toward what benefits the lenders and creates a centralized system of control over others. It is a tool the rich use to shape the work and choices of everyone else.
Replies (3)
Amen. “The purpose of a system is what it does.”
If you lend something that was created out of thin air, you are not lending anythings.
You’l have created a debt slavery system and you are calling it a modern monetary system. Even do it has more than 3 centuries of existence.
The system is not broken, is designed to loot and bankrupt everyone to steal their wealth
While debt has steering influence, even more sinister than debt per se is counterfeit debt, money that was never actually saved by anyone but lent out anyway.
