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schola · 07-30-2008, 07:58 AM

jaamkie,

There are other ways of getting your cow right now other than borrowing money for it, but I'll go over that some other time.

Just know that money isn't real. I mean, truly and totally understand that fact. It's not real. When you really "get" that, it will feel like your brain just blew up.

I used to think that "gold is money," and if you know about Austrian economics and follow Ron Paul is you might know what I mean by that, but now I realize that's a falsehood. Gold functions pretty when it represents money, but it is not money, because money isn't real.

Money is just a concept. It's a symbol. A meme. A piece of language. That's it.

If back in the old days you borrowed "money" from the bank, you were really borrowing gold coins. The "interest" on that "money" was really just your obligation to bring the banker more gold coins. Just like the apples and the cows in my other example.

I mean usury as the charging of any interest on the loaning of money. I don't like to pay for being loaned unreal things.

The problem I see with usury is that it creates a potentially unlimited obligation; meaning: the sky's the limit on how much you could potentially "owe." It increases exponentially. You owe more and more and more until you either 1) get it paid off or 2) get in over your head.

Money is truly infinite but whatever we attach it to isn't. That's the deception.

In our scenario, there are only a finite amount of coins in the world, but your possible debt is infinite. Theoretically, you could "owe" more coins than all the coins that exist. Trust me, it's designed this way.

The plot thickens when you discover that the banks control the supply of gold coins and they can make it very hard to pay off your debt to them by restricting the supply of coins.

This is turning into a condemnation of banking in general. But you should know that usury is just one facet of the whole banking scam.

On a side note, just consider this. Have you ever loaned a friend money at interest? I haven't. What kind of friend would do that? Banks aren't your friend.

07-30-2008, 07:58 AM	#57 (permalink)
schola Senior Member Join Date: Nov 2007 Posts: 776	jaamkie, There are other ways of getting your cow right now other than borrowing money for it, but I'll go over that some other time. Just know that money isn't real. I mean, truly and totally understand that fact. It's not real. When you really "get" that, it will feel like your brain just blew up. I used to think that "gold is money," and if you know about Austrian economics and follow Ron Paul is you might know what I mean by that, but now I realize that's a falsehood. Gold functions pretty when it represents money, but it is not money, because money isn't real. Money is just a concept. It's a symbol. A meme. A piece of language. That's it. If back in the old days you borrowed "money" from the bank, you were really borrowing gold coins. The "interest" on that "money" was really just your obligation to bring the banker more gold coins. Just like the apples and the cows in my other example. I mean usury as the charging of any interest on the loaning of money. I don't like to pay for being loaned unreal things. The problem I see with usury is that it creates a potentially unlimited obligation; meaning: the sky's the limit on how much you could potentially "owe." It increases exponentially. You owe more and more and more until you either 1) get it paid off or 2) get in over your head. Money is truly infinite but whatever we attach it to isn't. That's the deception. In our scenario, there are only a finite amount of coins in the world, but your possible debt is infinite. Theoretically, you could "owe" more coins than all the coins that exist. Trust me, it's designed this way. The plot thickens when you discover that the banks control the supply of gold coins and they can make it very hard to pay off your debt to them by restricting the supply of coins. This is turning into a condemnation of banking in general. But you should know that usury is just one facet of the whole banking scam. On a side note, just consider this. Have you ever loaned a friend money at interest? I haven't. What kind of friend would do that? Banks aren't your friend.