tibanne
Joined 7 years ago
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Member since
Oct 12
Joined 7 years ago
Using a Space Shuttle to Go Grocery Shopping
Employing a Symphony Orchestra to Play Happy Birthday
Using a Chainsaw to Cut Birthday Cake
Driving a Formula 1 Car on a School Run
Booking a Five-Star Hotel for a Nap
One socially accepted area of taking a massive loan is in housing. People seem strangely ok to work as a slave for the banks so that they can live in a box. This pushes up the prices of housing and at the same time inflates the money supply.
If we removed their ability to create new money, house prices would come down and people instead of banks could make an income from their own capital in peer to peer lending.