If all money is created through lending, and all loans have interest, then there will always be more debt than there is money.
How can we be expected to pay more money than exists to afford the principle plus interest?
This page is a permanent link to the reply below and its nested replies. See all post replies »
SW-User
loophole in the system, is this what you want to say ?
Invisible · 26-30, M
@SW-User What are you talking about?
SW-User
@Invisible debt being more than the amount of money is a loophole in the system, is this what you wanted to say ?
Invisible · 26-30, M
@SW-User Do you know what the word loophole implies? An ambiguity that allows for something unintentional. This, on the other hand is clear as day and intentional. I would not call it a loophole, just cruel.
SW-User
@Invisible why would someone want to set up a system that is cruel?