Haltickling said:Jim, what you describe is the backbone of any modern economy. I doubt that the industrial revolution could have happened without the credit-generating process, much less all the little things we enjoy so much, like cars, TV, computers etc.
Lending money isn't what's obscene Hal, it's that privately owned organisations do it (or they lend thin air to be precise) and maim and destroy the lives of billions of innocents in the process. That to me is the worst kind of criminality. I've espoused this view to others, who've said pretty much the same as you, along with "You can't change the way it's done, the system would collapse!".
GOOD!!!
The whole bloody system needs changing and the sooner the better! Why the hell should privately owned banks invent money out of thin air and cripple people and countries with the outrageously high interest? Governments elected by the citizens and accountable to the voters should be able to do it, and they could charge only a minimal fee for the administration involved. The world wouldn't stop, food chains wouldn't collapse, civillisation wouldn't grind to a halt. It'd bloody fly! The system isn't there because it's solid and dependable, it's there because it was designed to create a control enviroment where the human race would constantly be running as fast as it could to stay still.



