Money, that medium of exchange we need to buy our necessities, is acquired by trade [labor, production], gift [charity], and theft [predation]. The most beneficial means to acquire money is by trading our labor and production for it. But we’re … Continue reading
Tag Archives: usury
It is 2117 AD, June 14. I am excited about the debate. The topic is about the quaint idea of anonymous money and if it should be brought back into widespread use. The proponents argue that with scarce, precious metal … Continue reading
It is a mathematical fact that usury is unsustainable in a finite money token system. The exponential equation used to calculate compound interest requires an infinite money supply to function. If you’ve been wondering where all that “new printed paper … Continue reading
The Economic Malady The bizarre economic situation that plagues the world is based on two major factors – money madness and usury. Usury, the fee, in money for the use of money (loans, credit) has been denounced for “only” 3500 … Continue reading