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If real money at its core is a representation of our time and energy, the governments, central banks and commercial banks want you to believe that they have some kind of perpetual energy machine

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If real money at its core is a representation of our time and energy, the governments, central banks and commercial banks want you to believe that they have some kind of perpetual energy machine

In what other context would you not be laughed out of the room for proposing that you can do work with no energy input? How have we even gotten to this point? It's dumbfounding.

In the United States, the Treasury Department sells bonds to raise revenue for government spending. The banks and foreign entities (large institutions, generally) buy the bonds. The Federal Reserve pays the banks for these bonds with money from... nowhere. In the most generous of cases, this money is justified by saying it is being drawn from the future, since they are creating debt.

At the local level of commercial banks, with the fractional reserve system, there is no way to put this except to say "we are creating energy for free". This breaks the fundamental laws of physics.

I think in very specific cases, debt can be important. Since debt grows very quickly, it can get out of hand, but it can be important to get something moving, like getting a car moving out of a stopped position. If your community is devastated by a natural disaster, for example, it might be a good idea to take a calculated debt up to a certain point into the future to get yourself moving from zero. Charity also works in this situation, because a prospering community has benefits to the surrounding areas. But to have debt as the everyday operating system of a community makes no sense.

Yeah, we all learned about the Ponzi scheme since being orange pilled, hopefully. These are just some of the thoughts that came today from listening to a few sources at the right time and place.

FREE ENERGY FOR ALL

submitted by /u/dikgumdur
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