All that matters is that compound interest creates artificial scarcity
by _ALWAYS_ demanding more money back than ever was created. This
process is destroying us, our minds and sanity, our society, culture and
biosphere ... regardless of what you think it was designed for.
And by the way ... if you read the internal papers of the central
bankers who implemented the current monetary system (and it really
doesn't matter ... any monetary system based on positive interest is
just as criminal and destructive and it's been that way for 5000+ years
... just read "Debt - the first 5000 years." by David Graeber) you will
see quite clearly that they were fully aware of most of the implications
the system would have on society. They probably didn't understand the
whole #bullshitjobs, anti-economy and climate change implications back
then ... but their incentive was highly and purely criminal.
It was designed to extract all wealth from the vast majority of the
population ... either directly via debt, via debt slavery, via
dispossession of individuals (foreclosures, etc.) or even entire
countries ... like it's happening all around the world ...
It was designed to systematically destroy the vast majority of people in
a slow and steady fashion that would not spark widespread resistance.
You only want to destroy the most "unfortunate" lowest 1-2% at any given
time ... while keeping the rest of the population under control via
systemic fear. There are even papers of central bankers which elaborate
how a "healthy" population of homeless people serves the key purpose of
instilling enough systemic fear to keep the rest paralysed ...
"The few who could understand the system will either be so interested in
its profits, or so dependent on its favours, that there will be no
opposition from that class, while on the other hand, the great body of
the people mentally incapable of comprehending the tremendous advantage
that capital derives from the system, will bear its burdens without
complaint, and perhaps without even suspecting that the system is
inimical to their interests." -- John Sherman, Rothschild ... and that
quote is the most harmless of them all.
That's what our monetary system was designed for ...
On 03/03/2019 19:50, Costi Dumitrescu wrote:
The money system is designed so
------------------------------------------
Artificial General Intelligence List: AGI
Permalink:
https://agi.topicbox.com/groups/agi/Tbefabf50a1da4070-Ma694c1bddf3c430c14e50143
Delivery options: https://agi.topicbox.com/groups/agi/subscription
