Matt²
New
It depends how you look at it. Are the banks providing a service or would customer be providing the banks an investment means. Perhaps the incentives could be based on co-op shares, fair and agreed upon loan payments, and, the most important rule, actual money, i.e. gold. Banks could only provide based on a physical net value. On a higher level states, corporations, countries etc..., GDP would be the fixed money in circulation. It would be far slower than a fractional system, but one hopefully regulated by reality, instead of the imaginary. I'm just guessing.Thanks for your comment. Yes, usury or charging interest on a debt or debt slavery is an old invention attested to by warnings against it in the Old Testament and other ancient texts. I'm not sure where exactly I stand on interest. On the one hand I can understand paying an interest rate on a loan: through interest you are paying for a service. However, perhaps this is the first step towards a slippery slope which eventually leads to the total corruption we see today. Perhaps it is better to not even take that first step and make charging interest on loans illegal. This would undoubtedly slow down economic expansion since those with capital would have no incentive to invest, but then again... making "economic expansion" the ultimate goal is misguided, but then again... if it becomes illegal in one part of the world, this will give advantage to another part of the world and/or to organized crime. So how do you stop the poisonous banking bud from blossoming? How in the world to you return the world to a simple honest money system? Can you have an honest money system if you permit lending with interest but forbid fractional reserve lending? It seems to me that the practice of fractional reserve lending is a huge unethical step towards corruption as it is essentially a pyramid scheme. But what is the solution? I'm not sure I know... other than the general solution of educating and raising the consciousness of the individual in hopes of one day crowd-sourcing a solution.
Thanks, and yes I agree the study of secret societies is fascinating and that the origins of some probably go back many thousands of years... perhaps even to the last great civilizations that built the sphinx and gobekli teppe and Machu PIcchu and other ancient marvels. Thanks to the democratizing power of the internet, many secrets have been spilled. I'm excited to see what new revelations will come out in the years to come.
Very true, the internet has been a force equalizer, but it has also created a means by which a totalitarian Fascist police-state can spread it's tentacles into every individuals daily lives down to the second, anywhere and everywhere.
From my research it's clear that civilization is nothing more than a neo-Feudalism ruled over by a handful of ancient families. Where once it was kings, queens, lords, dukes etc..., we now have politicians, bankers, corporatist. And, of course, there are still serfs a.k.a. debt slaves. And all are ties into the secret societies. You just cannot get away from it and as fervently as pseudoskeptics want to label such things "tinfoil-hat" or "conspiracy theories" they are a disturbing reality.