Monetary Growth

These mechanisms of interest redistribution constitute a veritable vicious circle. Expansion of credits to the economy leads to higher interest reflux on top of monetary assets, which again necessitates further expansions of credits and indebtedness.

Cyberneticians call this a circuitry with positive feedback. Such a circuitry accelerates itself, it is self-destructive and can only collapse in the end.

And such is the basic construction of our money system.

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