Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
Exclusive to OpEdNews:
OpEdNews Op Eds

Beyond The Age Of Usury

By       Message B. C Kayser       (Page 1 of 1 pages)     Permalink

Related Topic(s): ; ; ; ; ; ; ; , Add Tags  Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 4756
Become a Fan
  (4 fans)
- Advertisement -

It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges." — John Maynard Keynes

 

What is particularly fascinating with John Maynard Keynes is that he wrote a theory that only works on paper since it assumes that monetary, political and financial managers will never abuse the power of indebtedness. So, what to think of this worldwide credit squeeze and its implemented cure that is no more less the cause of the disease and could spiral at any moment into a 'Greater Depression'. This week Gregory Mankiw, a professor of economics at Harvard, wrote a piece in the The link to this flash video was removed for security reasons the world economy.

 

- Advertisement -

 

Beyond The Age Of Usury

Because the very premise of 'usury' creates endless inflation, which in turn reduces the purchasing power, extreme materialism dismantles the fabric of societies: everybody prioritizes the need for cash to the detriment of communities, neglecting friends and family. This causes the goods and services to multiply endlessly since people are too busy to chase money - but what for in the end? As for the corporations, they do not see any incentives in creating long-term perspectives: when 'loans' are so easily available and knowing that more voracious competitors will borrow to take over whatever natural resources there is no time to lose! Polluting nature, cartelizing the means of production, human exploitation, bribery, collusion to maximize earnings are not diseases but symptoms. This all highlights the gap between people's creativity and their needs.We are truly heading toward a terrifying and inevitable crisis of civilization and this is our very last warning before being plunged into an era where money and food will be scarce for many years to come. Wars may well be the only weapons of unethical governments if civil unrest on a large scale threatens their very existence; they will resort to armed conflicts which will have been financed by their taxpayers. Yes, you got it: usury also allows killings and destruction to be a lot more devastating. Contrary to the popular belief, money is not the root of all evil but usury is.

 

- Advertisement -

View Ratings | Rate It

opednews.com

Libertarian Screenwriter, philosopher. 2001-2009: supported of The Gold Action Anti-Trust Committee (gata.org) and a hard currencies. Was involved in the promotion of two documentaries by Danny Schechter: "in Debt We Trust" and "plunder", as his (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Hey Buddy, Can You Spare $1,000 Trillion?

The Swimming Naked Prophecy

Smoking Gun: Global Food Waste Debunks Overpopulation Theory and Humanitarian Aid

The Last Debt Orgy

Systemic Paralysis

Global Elites Gone Bonkers