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Remember that money is created on a computer system based upon your agreement to repay with interest. It is NOT money that exists before you sign the contract. You are not borrowing from the bank, they are legally allowed to create money from nothing.
Most people can't get their head around this, so the next paragraph is lost to their confusion.
If the student loan is cancelled, nobody loses, the tuition is paid for so the banks "Lose" what they never had to make the loan.
So to tell the computer to zero a loan, should leave nobody at a loss.
But the banks have been criminal in what they are claiming as their assets, they have also leveraged what was not theirs to leverage.
Banking scams and schemes are the only losers and it's entrirely their own fault.
A global reset will cancel all debts, it has to, it's the overwhelming debt that is killing everything, interest on interest on interest.
It's un-payable so get used to the idea of cancelling debts, our very future depends in it.
Oh, and welder fred & waiter joes and everybody else on the planet is already paaying to support the debt, so fred and joe & everyone else will benefit from a jubilee.
"Remember that money is created on a computer system based upon your agreement to repay with interest. It is NOT money that exists before you sign the contract. You are not borrowing from the bank, they are legally allowed to create money from nothing."
Yup...but "they" make you pay or they'll take your real assets. What a scam.
This is what people don't realize. It's a reason why education tries to overload children with pointless facts instead of giving them the ability to see this scam.
view the rest of the comments →
[–] fringe--dweller 0 points 8 points 8 points (+8|-0) ago
a jubilee is not a bad thing.
Remember that money is created on a computer system based upon your agreement to repay with interest. It is NOT money that exists before you sign the contract. You are not borrowing from the bank, they are legally allowed to create money from nothing.
Most people can't get their head around this, so the next paragraph is lost to their confusion.
If the student loan is cancelled, nobody loses, the tuition is paid for so the banks "Lose" what they never had to make the loan.
So to tell the computer to zero a loan, should leave nobody at a loss.
But the banks have been criminal in what they are claiming as their assets, they have also leveraged what was not theirs to leverage.
Banking scams and schemes are the only losers and it's entrirely their own fault.
A global reset will cancel all debts, it has to, it's the overwhelming debt that is killing everything, interest on interest on interest.
It's un-payable so get used to the idea of cancelling debts, our very future depends in it.
Oh, and welder fred & waiter joes and everybody else on the planet is already paaying to support the debt, so fred and joe & everyone else will benefit from a jubilee.
think outside of the box
[–] MudPuddlePie 0 points 4 points 4 points (+4|-0) ago
"Remember that money is created on a computer system based upon your agreement to repay with interest. It is NOT money that exists before you sign the contract. You are not borrowing from the bank, they are legally allowed to create money from nothing."
Yup...but "they" make you pay or they'll take your real assets. What a scam.
[–] fringe--dweller 0 points 2 points 2 points (+2|-0) ago
exactly, but the reset has to cancel all debts.
[–] FormerBaltimoreRes 0 points 2 points 2 points (+2|-0) ago
This is what people don't realize. It's a reason why education tries to overload children with pointless facts instead of giving them the ability to see this scam.