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[–] • 1 pt

I dont know honestly, we didnt seem to have so many debt issues even 40 years ago. Now people just have a desperate need to ream themselves into debt for no reason. It has its uses, but society lived just fine without the jew poison for many thousands of years. Loaning with no interest works, but would be preferable to what we have now

[–] • 1 pt

I'm more of a believer in physical backed monetary systems.

Our credit problem lies with the debt notes not being backed by anything. And yes, interest plays a role in that, too. Even if you printed money backed by a commodity, the interest on the loan of that money, wouldn't be.

The solution would have to be debt notes back by real commodities as well as interest or fees for loans being backed by sonething real, as well.

[–] • 1 pt

commodity currencies, a big fan as well. Except the USD was also a PBMS at one point, before it was silently dismantled