Getting poorer: Borrowing increasingly funds our living standard | The Wentworth Report

https://wentworthreport.com/2021/04/17/getting-poorer-borrowing-increasingly-funds-our-living-standard/

Modern paper money is debt. More debt = more money.

… This is almost entirely due to the way we manufacture money and distribute it. The system of creating money out of thin air that has reined since 1971, inevitably, became absolutely corrupted. History indicates it takes about 50 years (two generations) on average, which is right where we are now.

2 thoughts on “Getting poorer: Borrowing increasingly funds our living standard | The Wentworth Report

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.