DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Where has all the money in the world gone?

**PerfectCreditForYou** · 06-11-2012, 10:47 PM

e.

Anyway, I'm just imagining how money "might" be used without it inevitably becoming a debt instrument.

It seems to me that money disappears as a consequence of a peoples inability to produce goods to exchange with one another.

money has always been a debt instrument. Ancient Greece under a full gold standard collapsed several times due to gov borrowing mostly caused by wars and for the sake of their grandiose architecture. Ancient Rome went down the road when mixing its gold/silver with other metals to finance the empire and that at least 50% of the population were slaves. Even gold couldnt prevent The Tulip Mania from going bust. And pro-gold venician bankers are responsible for the first world crash in the 1200-1300's

shortages and usury/credits up to one's ears go well along together.

Until sound economics isnt taught in high schools, the consequences of borrowing one's future is inevitable, I am afraid.

I am not adverse to paper money if issued without an interest and usury abolished. Fiat and hard currencies for savings should compete. If some can longer enrich themselves by putting others into debts, that's already something. I agree with the maker of "the money masters", that are those who control the supply that matter.

06-11-2012, 10:47 PM	#38
PerfectCreditForYou Join Date Oct 2005 Posts 362 Senior Member	e. Anyway, I'm just imagining how money "might" be used without it inevitably becoming a debt instrument. It seems to me that money disappears as a consequence of a peoples inability to produce goods to exchange with one another. money has always been a debt instrument. Ancient Greece under a full gold standard collapsed several times due to gov borrowing mostly caused by wars and for the sake of their grandiose architecture. Ancient Rome went down the road when mixing its gold/silver with other metals to finance the empire and that at least 50% of the population were slaves. Even gold couldnt prevent The Tulip Mania from going bust. And pro-gold venician bankers are responsible for the first world crash in the 1200-1300's shortages and usury/credits up to one's ears go well along together. Until sound economics isnt taught in high schools, the consequences of borrowing one's future is inevitable, I am afraid. I am not adverse to paper money if issued without an interest and usury abolished. Fiat and hard currencies for savings should compete. If some can longer enrich themselves by putting others into debts, that's already something. I agree with the maker of "the money masters", that are those who control the supply that matter.
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