Yep. Weve passed yet another milestone here on the path to hell. On the upside, Ann seems to have moved a bit closer to understanding the difference between rent on real assets and usury on money. What is immoral, and what actually constitutes the lion’s share of USURY, is UNSECURED lending with no collateral against it. Well, actually there IS collateral against an unsecured loan: the future LIFE and productive capacity of the borrower. THAT is usury. All Central Bank money printing is therefore USURIOUS because, as we discussed above, it is simply the leveraging of the lives of the people, both present AND future, who comprise the sovereign entity that backs the money of said nationstate. In other words: YOU and your descendants for multiple generations hence. Exactly. A secured loan means that you sell part of some actual property to the lender and then pay rent to use the portion youre borrowing from the lender. An unsecured loan of money means that youve sold yourself into slavery.
Posted on: Thu, 26 Jun 2014 18:44:24 +0000
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