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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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The fiscal imbalance meant the US was “on a path toward an explosion of debt”.
http://www.informationclearinghouse.info/article18183.htm
When currency is monopolized (competition is outlawed) the cost of currency becomes debt.
Debt is man made.
Credit is man made.
The 'explosion of debt' is created ON PURPOSE.
The means to that end is 'legal tender' and the OPPOSITE is FREE BANKING.
Competition between currency suppliers will tend to reduce the COST (interest) of currency to a minimum as competitors vie for the largest market share.
If all the currency competitors get together and make a deal among themselves to end this crazy notion of competition, then, they can maintain their monopoly control so long as no new competitors compete (don't join the cabal).
When the CABAL becomes more powerful than any other group or organization, then, that CABAL may become corrupt to a point where the competition will be tortured and mass murdered JUST to maintain the currency monopoly.
It IS the stupid currency.