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RE: #5: Empirical scientific evidence: 'MOST DEBT IS VOID' And can be cancelled since the financial systems are criminal. | SLAVE NO MORE! (series) Tips for liberation of the Earth / Heart

in #money7 years ago

Another insightful and thought-provoking article. Much thanks.

In many ways, much of the "wealth" that's being created in today's financial system is simply created through debt.

It's no different from a situation where the father of a certain family gets an extra credit card, and then gets another credit card, and then a few more credit cards. Wooohooo.

Everyone in the family is richer, everyone's happier, and everyone's optimistic. If any liquidity problem arises, Daddy can just get another credit card. Simple.

While he's not getting any richer, he sure feels richer. And he can pass on some of his new found "wealth" to his wife and kids, and they too can feel richer.

It's called the "wealth effect." It works, for a while, but it's an "effect" without a "cause." That is, there's no basis to that wealth. Which will become clear when the monthly payments suddenly cannot be made.

To exacerbate the issue, the banks and others who facilitate this explosion of debt engage in wealth extraction. Yep, that's right. They create the debt, then take most of it for themselves, and make out like bandits.

On the other hand, those who take on the debt end up like ... debtors. Clearly, the system is unbalanced, unstable, and unsustainable.

Vive la (r)Evolution!

(I love that brilliant wordsmithery. I'm gonna remember and use that phrase.)

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Yes, we need actual 'real' reality instead of the fictitious version of reality that has been covertly inserted all around us while many of us were distracted by fighting artificial wars, watching football and arguing about fake political democracies.

It is very helpful/healthful to real-eyes that revolutions always take us back to the start and have no end...
Evolution, however, is the pathway inwards/forwards and home :)

Another cool, memorable, and very quotable quote. ... "Evolution, however, is the pathway inwards/forwards and home."

As Camus said ... “In the midst of winter, I found there was, within me, an invincible summer."

Others have said that paradise is within and that we will find the truth within.

'Nuff said.

hehe - a certain extra terrestrial group are known to say/think that 'there is no outside' - meaning that everything is actually inside us and we are the entirety of existence and this universe. i've had experiences that suggest this is an accurate understanding, but i'm not going to be so bold as to say that i can prove i am everything and everyone.... then again, if that's true - there's only me to prove it to anyway. lol