...1) if loans period were abolished??? ...2) if cash money was abolished for some sort of a national bank debit card system to where individuals as well as companies and businesses could pay and be paid with it??? ^^^And would any of that work better under capitalism, socialism, or communism?
1) Control by an elite few is exercised over governments (which are owned and controlled by the banks) and people through the control of loans/credit and debt. The banks are given the power to 'create' money, which means 'creating' non-existent money known as credit. When you go to the bank and take out a loan, no new money is printed because of that loan. It's taken from non-existent fiat money that is already in circulation, which really represents debt. Numbers are simply typed into a computer database, and from that point on you are forced to pay interest on this money that doesn't even technically exist. So, for instance, when you go to the bank and take out a $10,000 loan, you are expected to pay that money back. But you're not just paying the $10,000 because you're paying interest as well for money that is nothing more than numbers on a computer screen. This is how money (or, the bankers who print the money) controls the entire world through a fiat system of credit and debt. 2) Well, the fact is we have long been headed towards a cashless society, which has been in the planning for many many years. Soon everything will be paid for by only credit/debit card and RFID tagging (the microchip). This may sound far-fetched to most people, who have been fed their only information through the mainstream media and public school system, but this all comes from official documents. Once cash money is abolished, from that point on they can control what you spend, as well as track whatever you buy. If you decide you don't like this system and dissent, well, your account can be suspended and you won't be able to buy anything. So, really, this would amount to nothing other than another form of control. 3)Capitalism, socialism and communism are all creations of the big banks, as all deal with money. The money system is an unnatural and inhumane system, period. People should ask themselves what gives the right for the banks to print money out of nothing, while charging interest on loans, thus controlling governments and people through a system of debt. Some people see communism and socialism as solutions to "evil capitalism," but they are false solutions created by the big banks, which actually hand more power to the powerful few who control that system. People only see things in terms of what they know, and they never think outside that box. Think of how the tribal and indigenous people fare without money. They live much more meaningful and spiritual lives than those who live in an artificial system, yet think it's natural because that's all they've ever known.
A world without money or banks would be great.Everything free,everybody helping eachother,no rich,no poor. No War either!
Then every person and action could be control by said national bank and those that control it. It's almost there anyway. Morning Maniac I don't think he was talking about giving anything away for free.
The dream of the "elite" is close to what the original poster mentioned. Control the money and you control the people who use it.
