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[–] • 2 pts

I dont personally see that as a bad thing honestly. I live in a small town, and that's exactly how we do it here, even down to the fire service. It's slow sure, but it also means we dont have to do random accounting for stuff we may not need anyways.

[–] • 1 pt

Until unforseen disaster strikes and you need more than you can immediately afford.

[–] • 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.