The sucking up of wealth goes ever higher up the ladder.
It is not just the poorest 80% paying interest to the richest 10%.
Of the richest 10%, those gaining from the interest wealth transfer, the poorest 8% pay more than they gain from interest to the first 1%. And within the 1% the poorest 0.8% pay the richest 0.1%.
We know of the calculation that if the Rothschilds owned $50 billion in 1850 and made 5% per year on that, they would have $150 Trillion now.
Since it was widely reckoned that they controlled half the world’s economy at the time of the First World War, that sounds about right.
What Government on Earth can compare to such a power base? Is it fair to say Government is the problem, when it is so totally dominated?
Government is a problem.
The Money Power is the problem.
And it rules through Usury.
What does it matter to explain that we pay interest because of the fact that the lender can’t use the money while we do?
Of course the loan shark will have a good explanation why we should go along.
The World’s poorest 80% pay between 5 and 10 Trillion per year to the richest 10%.
In the face of that fact only one question remains: what are we going to do about it?
I will give you interest free credit if you will give me the same.
We’ll call it Mutual Credit.
Daily Bell: wrapping up
Discussing Gold and Interest with the Daily Bell
The Goal of Monetary Reform
Mutual Credit, the Astonishingly Simple Truth about Money Creation
Disconnecting from the System