Debt free money in a full reserve banking system can still be subverted by the Money Power through Compound Interest. This is a vital issue for all Debt Free currency activists and theorists. It also is relevant for Gold and even Bitcoin. An important model to finance national economies without the Money Power is debt … Continue reading Debt Free Money alone does not solve Compound Interest
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Debt Free Money alone does not solve Compound Interest
Debt free money in a full reserve banking system can still be subverted by the Money Power through Compound Interest. This is a vital issue for all Debt Free currency activists and theorists. It also is relevant for Gold and even Bitcoin. An important model to finance national economies without the Money Power is debt … Continue reading Debt Free Money alone does not solve Compound Interest