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By: Another Usurer, Sat Jun 2nd, 2012
Good for one, bad for all
I will convey you a story to show how what is how maximizing individual gain can be bad for the society even though it may appear to be good for the individual. Then I will talk about the credit based monetary system that we have today and how it makes life worse for the society compared to a system where money simply is a devide to store value in a more reliable way.
Here is the story by Garrett Hardin in his essay "The Tragedy of the Commons, 1968".
There is a pasture owned in common by the residents of a village. The pasture is at full capacity with regard to the number of the sheep the villagers have. It is such that if villagers add one more sheep, it will start degrading the pasture. With their natural greed and an urge to maximize individual gain, each villager thinks if he adds one more sheep he will make more money. Thus they keep doing this. As they see the pasture land loose it’s productivity, their mentality will be “it is gone anyway, we should get what ever we can before others” and keep adding sheep as much as possible. This brings them to a state where the pasture will be damaged threatening their entire flock with devastating losses. It would be prudent for them to agree on a balanced production capacity and limit themselves and police the community to make sure everybody obeys. If not policed, volunteers will be hurt by others who grab their share. Thus, volunteering to do good does not work in these cases. It has to be enforced.
This story is similar to the loan interest situation. Some volunteers may deny doing business with interest. But this is not enough to save the society. Law must forbid interest or it won’t work. In many cases religions forbid certain things for a while. Today in Islam Usury is forbidden. It was forbidden in Christianity, until "the times have changed". Usury has detrimental effects on society and the current banking system allows banks make money simply by creating money and charging interest for it. A record percentage of the population works in the business of "making money work for them". Lured by the promise of riches, these people live their lives without creating value to pass to the future generations. Real economy suffers under the weight of excessive debt that was extended to non-self liquidating investments such as homes, cars, boats, but not in manufacturing capacity or research, or healthcare. This is the result of our greed, our desire to make money easily, without thinking whether we deserve it or not. This creates a system where masses who are in debt work like slaves. It is essentially world wide slavery.
The Matrix is real. It is the world pulled over your eyes to blind you from the truth. Wars profit banks, defense industries, construction companies and others. War provides a reason for congress to approve more borrowing for the Federal government. This puts the tax payer further into debt to the bankers who create money out of nothing and demand interest for it.
Google for "How do banks create money" to understand how banks create money and how they control the world. Banks control the money supply. At will, they have the power to create a deflation by witholding loans and confiscate the collateral for failed loans.
They gain control of other industries, mainly the media (to control the population), by making loans to their friends, and by witholding loans to competitors so that when competitors go bankrupt, their banks and bank owned enterprises can gain control of these companies.
This is how the rich rules the world. Your presidential candidates are selected by the media and presented to you so that you may feel that you have a choice. Any candidate that does not play their game will be left out of reporting ensuring that they don't get votes.
In this game of world control, interest (usury) is their weapon. Interest based economy coupled with fractional reserve banking is prone to inflation and deflation which they use masterfully.
Iran and in general Islam is their enemy because Islam prohibits interest, and Iran does not have a Rothschild central bank!
Our monetary system brings social injustice. It will cause unemployment in the midst of excessive production capacity, it will cause hunger in the middle of properity, it will cause bankruptcies, foreclosures, defaults, social unrest and war. To learn why, please visit tradingstocks.net to learn how banks create money and how this expands the existing money supply causing inflation, thus reducing the purcashing power of existing money, and how this debt expansion eventually leads to a situation where it is impossible to pay the principal+interest for the services debt because there won't be enough money to earn to be able to pay it.