The Difference between Debt-Free Money and Interest-Free Credit

The endless barrage of debt, debt, debt, makes debt-free money sound very attractive. But the problem is not debt, it’s interest and interest-free credit based money is superior to debt-free currency. On the other hand, debt-free money could easily be repaired to again be a competitive proposition. Debt-free money is simply unbacked ‘paper’ (nowadays it’d … Continue reading The Difference between Debt-Free Money and Interest-Free Credit