@mutageno2 @Justicar True that we need money to easily trade with individuals.

But should banks really use your money to basically make free profits. While your hard earned money not even reach 1% interest?

Not mentioning it is basically economic exploitation of other people.

While we could have community that would not needed money only to buy from other communities

Not everything should be capitalistic.

Because there is many ways we can make community and civilizations work.

@Stahesh @mutageno2 problem is you can centralize lending to be a governmental service. but government cannot take risks so a lot of people and business would be unable to get loans and that would kill economic growth. so it is not a real option. and if you have private lenders/banks, they need to make profit, so there is no way around it. only problem is that in ancient times, debt got wiped out after certain time if it did not got paid off. today, debt is being sold as commodity ad infinitum.

@Stahesh @mutageno2 all we need to do is make a constitutional debt wipe-out after 5-10 years. so if the creditor is unable to get their money back in 10 years, that is the end of it. it is wiped out from their books, as a loss, and the lender is free of it. this will force good lending practices, unburden the legal system and prevent uncontrolled lending and infinite interest payment growth. today, they get on the fact that you pay your debt but you are only paying interest, not principal.

@Stahesh @mutageno2 and THATR is the trap of the financial system. THIS is where jews get all their power from. remove it on constitutional level and they lose all their influence in no time. not only that but normal people will be able to prosper. it is better for one creditor to go bankrupt rather than prevent 1000 lenders from being able to get on their feet and produce economic value.

@Stahesh @mutageno2 also, we should ban interest once someone starts paying off their debt. meaning, if you agree to take a loan of 10k with 10% interest. you expect to pay 11k, but in reality, the interest is compounding so you only keep paying off the interest and never the principal debt, like i have already said. so the agreement should be fixed. there is no reason why interest should keep on counting when you agreed on fixed terms and you abide by them.

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@Stahesh @mutageno2 even in business when you have an invoice, you can charge interest of the payment is late, but never if you get paid on time. that makes sense because that interest is a penalty for being late and breaking the contract. but hat is not how lending works.

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