Payers of Interest
Credit is not the same as real money. Owning a house is not the same as paying a mortgage on one.

Credit is not the same as real money. Owning a house is not the same as paying a mortgage on one.
By Bill Bonner,

It’s a poverty where you may still have most of the accoutrements of middle-class life. But your relationship with the financial elite has changed: you are indentured to the credit industry — for life
By Bill Bonner,

We come to what seems like a water-tight proposition: the more the feds get involved in the process of creating wealth, the less wealth is created.
By Bill Bonner,

The only big effect was to get people out of the cars they owned and into cars they didn’t own, requiring monthly payments! People who had had no auto debt now saw themselves indentured for four years
By Bill Bonner,

Our material lives have been taken over…clandestinely subjugated to strange and unnatural money. And now, we all depend on it.
By Bill Bonner,

We interrupt our romp through the funny money world…exploring the link between crooked money and crooked behavior…to give thanks for the whole funny money system.
By Bill Bonner,
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