
Original by TheFifthGreatApe on 15 Nov 2011
An excerpt from 'Social Pathology' by Peter Joseph
http://youtu.be/jL3qdeKOxVc
This a new series that will attempt to wet some whistles.
Playlist: http://www.youtube.com/playlist?list=PL9796B5A143F39952
Original music by TheFifthGreatApe
Visit us @ http://www.thezeitgeistmovement.com
"There isn't and never will be, in the American money supply or most other money supplies on the planet, enough money in existence at any one time to cover that outstanding transactions within the economy. Money is created out of debt, through loans. And interest is charged for those loans whether it is a government bond, or personal home equity loan.
If every single debt was called in right now in our economy there would be an enormous amount of money that is literally impossible to pay back. This is a central reason why stratification and inequality is literally built in to our system. The inherent scarcity of the money supply itself.
Imagine that. In this system bankruptcy isn't some irregular byproduct that negligent people just happen to stumble into. It is an inevitable built-in attribute. It's a game of musical chairs."
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