The Mudcat Café TM
Thread #139497   Message #3201880
Posted By: Little Hawk
04-Aug-11 - 04:37 PM
Thread Name: BS: 'Be fruitful,and multiply'
Subject: RE: BS: 'Be fruitful,and multiply'
I'm not waiting for anything, Jack. I'm living life now. And mostly enjoying it. I hope that everyone makes the best possible use of their time here and manages to evolve into a wiser and happier person...but I don't necessarily expect it! I accept the fact that things are not perfect now, and probably never will be, but I hope that they might improve as time goes by.

The debt problem could be solved by taking away the power of banks to invent more money out of thin air, cancelling the existing national debt with is frankly unpayable, and starting all over again with a completely new currency system, one that is 100% transparent (meaning no financial transaction can be hidden from the public or from anyone else). Everything would have to be done in the open. No creation of vast amounts of phony money by the banks...no enrichment of lending institutions by creating phony money (in the form of debt) and charging the society (meaning the public) interest for it.

That's not going to happen! ;-D But it would solve the debt problem if it were done, and it would have to be done elsewhere too...not just in the USA.