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RE: The Ultimate Reason Real Estate in Australia is So Expensive

in #investing8 years ago

It is fiscally/ physically impossible to pay back interest on money when only the capital exists.
The central bank creates principle out of air and loans it at interest guaranteeing that somebody is going bankrupt because the only way to pay back that interest is to force other loans into default.
A depression resets the books and we are off on the next round of the oligarchs' 'business cycle'.