WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2024 Poal.co

164

Move in the direction of less debt in your personal life. This means ALL debt. Dont give me all that nonsense about how your mortgage on that McMansion is somehow good debt. Its not. There is no such thing as good debt in this system. In a solid asset-based monetary system that is a different story entirely but we are not in that.

So when I say no debt I mean it. No credit cards, no car loan, no home mortgage, NO DEBT. Someone who is doing this for the first time may simply sell some shit they have lying about to decrease their debt load, then target their smallest balance first and pay it off. Stuff like that. If you have a 25 year runway on your mortgage then you need to get out of that house to accomplish this goal. Sorry to say it but that is the case. No excuses there.

Move in the direction of less debt in your personal life. This means ALL debt. Dont give me all that nonsense about how your mortgage on that McMansion is somehow good debt. Its not. There is no such thing as good debt in this system. In a solid asset-based monetary system that is a different story entirely but we are not in that. So when I say no debt I mean it. No credit cards, no car loan, no home mortgage, NO DEBT. Someone who is doing this for the first time may simply sell some shit they have lying about to decrease their debt load, then target their smallest balance first and pay it off. Stuff like that. If you have a 25 year runway on your mortgage then you need to get out of that house to accomplish this goal. Sorry to say it but that is the case. No excuses there.

(post is archived)

[–] 1 pt

Agreed. You shouldn't even need debt using fiat currency because you're not actually borrowing anything. With real money, you actually take possession of an asset: gold. The jews have used mind control to convince people to pay interest on nothing. The jew media constantly reinforces the idea that currency equals money. It does not.

[–] 1 pt

Yes. This is correct. Asset backed debt denominated in an asset based currency is pretty benign as well.

[–] 1 pt

Now, if you look at currency as a proxy for our labor, currency creation is 100% theft. It just happens slowly enough, few complain. Today... people are complaining. This is why the fed made a half assed attempt to keep inflation to 2%.