The City of London is another prime example of this. Only interested in the bottom line and not a proper support to the British economy and entrepreneurs.
100% right. I saw how the city worshipped money; I worked for an "investment bank" for a while. You had to be bad and love money above all else to rise through the ranks.
In …and forgive them their debts, renowned professor of economics, Michael Hudson – and one of the few who could see the 2008 financial crisis coming – takes us on an epic journey through the economies of ancient civilizations. For the past 40 years in conjunction with the Harvard Peabody Museum, he and his colleagues have documented the archeological record and history of debt, and how societies have dealt with (or failed to deal with) the proliferation of debts that cannot be paid. In the pages of …and forgive them their debts, readers will discover shocking historical truths about how debt played a central role in shaping ancient societies. Perhaps most striking of all is that – in a nearly complete consensus of Assyriologists & biblical scholars – the Bible is preoccupied with debt, not sin."
the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
Three major religions of the world frown upon interest /usury and it is this exact system that is used again and again always leading to chaos and destruction.
If we get rid of an interest based debt driven economy many of the problems we are facing would correct themselves. But amazingly no leader we see today would even be willing to consider such a suggestion. Occasionally a head of a country will try to remove itself from the tentacles of this vicious network and the cost is their life.
What would happen if we follow the guidance that overlaps in these major religions? Because theological differences aside, if we made a venn diagram and looked at what practical advice existed in the overlapping circle, the answers we would find there would surprisingly all be the same road leading out of this chaos towards the peace we seek, starting with absolutely prohibiting an interest based debt driven economy.
So many people everywhere, praying,
but sadly the majority of the world, regardless of their religious affiliation, worships at the altar of the almighty dollar
Oh crisis as management is a regime staple. I have not seen this film, but what I have seen of Whitney Webb's work has been first rate. Will have a look when I get time, thank you Aine.
one issue is the relative silence on this issue from rome even before things went south in the 60s. the other is the sheer complexity of the post bretton woods reference range monetary order, where inflation is baked into the system. it becomes increasingly difficult to define usurious lending. does the book tackle this problem
The question is how do we stop it when it's embedded in every part of our existence and people are dependent on it for survival, they have even made it illegal to grow food in parts of the US, I have thought about this we do not have the land to colonise as a community and exist outside of the system children don't even know how to open a tin ffs let alone hunt and grow food, they have created a landscape of ornamental trees and hedgerow rather than fruiting, it's been made impossible to survive at least where I live without the system.... if we were to convince the whole population of what is about to happen and collapse government we would die of famine so what do you think the answer is?
If you read my books, "Our Country Then and Now" and "We Hold These Truths: The Hope of Monetary Reform," you will find a complete program of transforming the economy into one of economic justice without usury. These books are based on my 20+ years of experience with the US Treasury Department.
Morpheous maybe a way out is some form of a Jubilee Year. Alexander Leipold beat me to the punch with mentioning Michael Hudson books above. Hudson's "and-forgive-them-their debts" gives a historical practical need and use for debt forgiveness. I think Islam forbades money lending because it recognizes the tendency that over time the money lender owns everybody's heart and soul. Not good for a society as a whole.
In certain cities codes prevent people from growing in front gardens, some people only have front gardens to grow in, there has been reports of officials ripping up food being grown, I can’t recall where as it was a while ago I read this but I have read articles from the victims of this.
You picked one part of a sentence out to try and make a point if i got it wrong i accept my mistake i know that i may have been mislead there is alot if misinformation pretty much all information is a lie.
I know you vote in the hope of a saviour you were sold a lie its called the American Dream… JFK tried to expose the truth and he was murdered, if you want to make America Great again write on your voting slip I DO NOT CONSENT.
Catholicism aside, I don't quite follow the argument against charging for the use of money as one would for the use of anything else that is lent out. "Money does not get used up when lent" - but there is an opportunity cost to lending a certain amount vs keeping that amount for oneself to invest or spend elsewhere. If renting one's money out (effectively that's what charging interest is) is immoral, so would be renting anything else out, what makes money special?
I'd say the problem is interest combined with fiat currency - when the money supply isn't backed by tangible assets and the banker-govt nexus can manipulate its value - that's when compound interest further helps conjure more out of thin air.
It's a great article and I appreciate your message very much, but the Catholic Church is not really against usury for the last 500 years. This oh-so-corrupt of churches that did many, many evils had some silver linings, and the harsh stance against usury as well as institutional jubilees (forgiveness of debts) were among the good it did, but both are hundreds of years out of date. The Catholic Church does not take any stance against usury today, nor has it in centuries. Similarly, Jubilees ended about 500 years ago (coinciding with the rise of banking in Europe).
Catholicism is most definitely not the way to go, but I appreciate the minority of Rebel Catholics immensely, the ones that defy and do not follow the Pope. A true believer Catholic friend of mine calls him "Bertolzeebub". But to be realistic, most Catholics are enslaved to the post-modern hellscape of corrupted Catholicism today, and even 1000 year old Catholicism was already corrupt in many ways. It's far from a panacea.
Hello there Servetus. I agree that the modern church is a counterfeit, and that the treasure house of its tradition has been discarded by progress. The same can be said of our civilisation.
Agreed, but we mustn't grow too cynical. A restoration is in order even after a falling away - but the institutional church will be left behind, same as a faith in Western Civilization which is already dead
Oh I am NOT a doomer. I think the replacement of this counterfeit with a demand for sanity is underway. The regime is in a losing argument with reality.
Here is a report on the last President of the United States to threaten to cut off US support to Israel, whose brother was the last US Attorney General to threaten to have its lobby registered as a foreign agent. They were both called Kennedy. Contains a review of the US and UK government's definition of "antisemitism", which now includes incredulity towards the grand narratives of regime power.
Here is a further report on how one of the last Christian families in the Bethlehem area is being forced off their land by armed Israeli "settlers", who are stealing their land by force.
The term "antisemitism" is a voodoo curse. It is intended, as with all similar curses in our counterfeit culture, to attach severe penalties to the noticing of the obvious.
The facts about Israel's crimes are not widely known. If they were, Americans and others would not support them. "Antisemitism" is used to silence reporting on these crimes, which extend far beyond Israel's borders, and include the project to start the so-called "forever wars" in the Middle East - which Netanyahu has urged since the late 1980s - promising peace in the wake of the destruction he demanded.
In short, "Antisemitism" is a tool to silence the truth.
It is simply ridiculous to deny the degree of Israeli influence, which has purchased most of the politicians in the US establishment. To brand this obvious fact as an irrational hate is a measure of the bankruptcy of our system, in which truth is misinformation, and misinformation is sold as the truth.
"Something for Nothing" - Perfect analogy of what this monetary system really is. Although some would argue that "without the stick, there's nothing who would labor for the carrot". I'm getting this book BTW and I'm grateful that you have recommended it for us. Adding it to the arsenal of logic and reasoning behind doing away with currency banking and credit - altogether.
The concept of using a coin versus a token was always interesting to me because that type of exchange doesn't allow for a master token per-say. Or more precisely a store of value other than to whatever the product or service from the token provides. Sure you could hoard certain tokens for things that someone considers more popular or necessary and trade them out for tokens of completely different things too. But ultimately the token system is superior to anything that is part of the store of value system because of the simple fact that nobody has a superior token other than what that token is attached to. The business or person that created the product or provides the services is only rewarded with whatever Other Tokens from another product or service provider that which they don't supply. By decentralizing the exchange systems after doing away with centralized systems including the entire TradFi system itself and doing away with the gold standard and the use for any type of stored value systems.
Digital Tokens derived from the cryptocurrency phenomenon relevant to Bitcoin adoption - is actually better than Bitcoin adoption. It's actually the network protocol that the tokenization programs are being developed. But the governments that use central banks are aware of this situation and have been able to coerce the central bank into hijacking Bitcoin and tokenization platforms in order to circumvent the platforms into digital currency systems. Thereby maintaining the controls. I say that because it's true and there's nothing new about Bitcoin or tokens but it's all in how it's implemented that would be the difference. For example: if society adopted Bitcoin as they do gold. And Ethereum as they do silver and another block chain protocol for platinum and so forth. Nothing would about the monetary system would actually be any different besides the fact that you would actually be getting nothing for nothing by trading them in exchange for one another. Not even a promissory note Or a piece of copper for your goods and services either.
There are several parts of this token that makes it whole. Because it requires productivity and contributions by everybody without the need for the stick and prevents artificial scarcity as the biproduct. Additionally you won't be dealing with people that believe that they deserve to exist on the labor of everyone else. In fact that would be the only crime worthy of punishment. In the meantime the governments around the world including the United States are hastily converting their fake credit into Bitcoins, with the assistance of private equity fund "managers" in order to fool the people of the world - again. And probably would make life on earth worse than ever before for the majority and the Best it's ever been in history for the minority. And for a very long time further than ever before. I guess that would be good news, knowing that wars would be fewer and farther between.
Now, I'm going to purchase the book you've referenced, to hopefully read about what solution there is to the problem, if any. I'm not sure if it's as simple as not charging interest or simply using gold for good deeds will solve the problems associated with the ministry and the monetary. But it's a benevolent starting point that which is the better idea.
"unjust to charge for non-existent things" ; "goods which are consumed by use (like wine and food) and those which are not (money)".
This seems to rule out intellectual property. Pirating movies, shows, et al., has long been justified on the grounds that the owner still has their copy.
Not to mention it's very unclear where services fall under this.
Hunt gives you a sound guide to what usury is, and is not. I am trying to get him to agree to an interview so I can ask him questions like yours. He would know - I don't.
Well written, the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
The City of London is another prime example of this. Only interested in the bottom line and not a proper support to the British economy and entrepreneurs.
100% right. I saw how the city worshipped money; I worked for an "investment bank" for a while. You had to be bad and love money above all else to rise through the ranks.
Does Hunt's book cover the Bank of England?
Also you get into the Creature of Jekyll Isle yet?
No and no - I have had to read a lot and I dislike doing that, given what it has done to me.
😆
Also, you quote scripture like a Reformed Baptist 😉
I can't be doing with this level of online harassment. This is a wordcrime and I AM THE VICTIM HERE
I don't even know what a reformed Baptist is but I am going to have a guess and say it was not a favourable comparison.
You brute. I am a sensitive artist.
It's like a baptist, but reformed 😅
I think you would enjoy the philosophy of Cornelius Van Til. He was not a baptist but he was reformed 😆
Book recommendation :
https://michael-hudson.com/2018/08/and-forgive-them-their-debts/
…and forgive them their debts
Lending, Foreclosure and Redemption
From Bronze Age Finance to the Jubilee Year
In …and forgive them their debts, renowned professor of economics, Michael Hudson – and one of the few who could see the 2008 financial crisis coming – takes us on an epic journey through the economies of ancient civilizations. For the past 40 years in conjunction with the Harvard Peabody Museum, he and his colleagues have documented the archeological record and history of debt, and how societies have dealt with (or failed to deal with) the proliferation of debts that cannot be paid. In the pages of …and forgive them their debts, readers will discover shocking historical truths about how debt played a central role in shaping ancient societies. Perhaps most striking of all is that – in a nearly complete consensus of Assyriologists & biblical scholars – the Bible is preoccupied with debt, not sin."
the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
https://www.vtforeignpolicy.com/2024/05/usury-the-crime-of-the-ages/
the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
Three major religions of the world frown upon interest /usury and it is this exact system that is used again and again always leading to chaos and destruction.
If we get rid of an interest based debt driven economy many of the problems we are facing would correct themselves. But amazingly no leader we see today would even be willing to consider such a suggestion. Occasionally a head of a country will try to remove itself from the tentacles of this vicious network and the cost is their life.
What would happen if we follow the guidance that overlaps in these major religions? Because theological differences aside, if we made a venn diagram and looked at what practical advice existed in the overlapping circle, the answers we would find there would surprisingly all be the same road leading out of this chaos towards the peace we seek, starting with absolutely prohibiting an interest based debt driven economy.
So many people everywhere, praying,
but sadly the majority of the world, regardless of their religious affiliation, worships at the altar of the almighty dollar
You might enjoy this Frank https://bigpicture.watch/crisis-politics-a-means-of-control-whitney-webb/
Oh crisis as management is a regime staple. I have not seen this film, but what I have seen of Whitney Webb's work has been first rate. Will have a look when I get time, thank you Aine.
It’s very good. I don’t actually really know her at all so was happy for this to arrive into my inbox via Big Picture Watch this morning.
I will thanks James
one issue is the relative silence on this issue from rome even before things went south in the 60s. the other is the sheer complexity of the post bretton woods reference range monetary order, where inflation is baked into the system. it becomes increasingly difficult to define usurious lending. does the book tackle this problem
The question is how do we stop it when it's embedded in every part of our existence and people are dependent on it for survival, they have even made it illegal to grow food in parts of the US, I have thought about this we do not have the land to colonise as a community and exist outside of the system children don't even know how to open a tin ffs let alone hunt and grow food, they have created a landscape of ornamental trees and hedgerow rather than fruiting, it's been made impossible to survive at least where I live without the system.... if we were to convince the whole population of what is about to happen and collapse government we would die of famine so what do you think the answer is?
If you read my books, "Our Country Then and Now" and "We Hold These Truths: The Hope of Monetary Reform," you will find a complete program of transforming the economy into one of economic justice without usury. These books are based on my 20+ years of experience with the US Treasury Department.
https://www.amazon.com/Our-Country-Then-Richard-Cook/dp/1949762858
https://www.amazon.com/We-Hold-These-Truths-Monetary-ebook/dp/B009F21XM8/?_encoding=UTF8&pd_rd_w=d3sZW&content-id=amzn1.sym.cf86ec3a-68a6-43e9-8115-04171136930a&pf_rd_p=cf86ec3a-68a6-43e9-8115-04171136930a&pf_rd_r=147-2591856-8506832&pd_rd_wg=iY62u&pd_rd_r=b7d4bde5-354a-4967-b2e3-b9e8aa5ec84f&ref_=aufs_ap_sc_dsk#customerReviews
Morpheous maybe a way out is some form of a Jubilee Year. Alexander Leipold beat me to the punch with mentioning Michael Hudson books above. Hudson's "and-forgive-them-their debts" gives a historical practical need and use for debt forgiveness. I think Islam forbades money lending because it recognizes the tendency that over time the money lender owns everybody's heart and soul. Not good for a society as a whole.
“they have even made it illegal to grow food in parts of the US”
Where is this the case?
In certain cities codes prevent people from growing in front gardens, some people only have front gardens to grow in, there has been reports of officials ripping up food being grown, I can’t recall where as it was a while ago I read this but I have read articles from the victims of this.
That sounds less like them “making it illegal to grow food” and more like local regulations to make sure front gardens don’t look awful.
It is far from making it illegal to grow food.
If it’s not illegal keep voting won’t be long 😅
You sound like you still vote…
What does voting have to do with local laws to keep neighbourhoods looking nice?
Such laws exist everywhere.
They don’t amount to anyone making it illegal to grow food. Claiming such is just hysterical exaggeration.
You picked one part of a sentence out to try and make a point if i got it wrong i accept my mistake i know that i may have been mislead there is alot if misinformation pretty much all information is a lie.
I know you vote in the hope of a saviour you were sold a lie its called the American Dream… JFK tried to expose the truth and he was murdered, if you want to make America Great again write on your voting slip I DO NOT CONSENT.
Do you vote?
Catholicism aside, I don't quite follow the argument against charging for the use of money as one would for the use of anything else that is lent out. "Money does not get used up when lent" - but there is an opportunity cost to lending a certain amount vs keeping that amount for oneself to invest or spend elsewhere. If renting one's money out (effectively that's what charging interest is) is immoral, so would be renting anything else out, what makes money special?
I'd say the problem is interest combined with fiat currency - when the money supply isn't backed by tangible assets and the banker-govt nexus can manipulate its value - that's when compound interest further helps conjure more out of thin air.
Praise Jesus. And pass the ammunition.
Roots run deep. Let us define and explore evil as a concept in my podcast here:
https://soberchristiangentlemanpodcast.substack.com/p/s1-ep-2-scgp-rebroadcast
It's a great article and I appreciate your message very much, but the Catholic Church is not really against usury for the last 500 years. This oh-so-corrupt of churches that did many, many evils had some silver linings, and the harsh stance against usury as well as institutional jubilees (forgiveness of debts) were among the good it did, but both are hundreds of years out of date. The Catholic Church does not take any stance against usury today, nor has it in centuries. Similarly, Jubilees ended about 500 years ago (coinciding with the rise of banking in Europe).
Catholicism is most definitely not the way to go, but I appreciate the minority of Rebel Catholics immensely, the ones that defy and do not follow the Pope. A true believer Catholic friend of mine calls him "Bertolzeebub". But to be realistic, most Catholics are enslaved to the post-modern hellscape of corrupted Catholicism today, and even 1000 year old Catholicism was already corrupt in many ways. It's far from a panacea.
Hello there Servetus. I agree that the modern church is a counterfeit, and that the treasure house of its tradition has been discarded by progress. The same can be said of our civilisation.
Agreed, but we mustn't grow too cynical. A restoration is in order even after a falling away - but the institutional church will be left behind, same as a faith in Western Civilization which is already dead
Oh I am NOT a doomer. I think the replacement of this counterfeit with a demand for sanity is underway. The regime is in a losing argument with reality.
Why on earth do you have to introduce antisemitic imagery into your graphics?
How long have you got? Here is a report I wrote on the use of "antisemitism" in the service of the myths of liberal democracy:
https://frankwright.substack.com/p/the-myth-of-liberal-democracy
I talk about the terrorist origins of the state of Israel, which I believe are becoming widely known. Why were they not formerly known widely?
Here is a report on the "antisemitism industry"
https://open.substack.com/pub/frankwright/p/the-antisemitism-industry?r=18ihr9&utm_campaign=post&utm_medium=web
Here is a report on the last President of the United States to threaten to cut off US support to Israel, whose brother was the last US Attorney General to threaten to have its lobby registered as a foreign agent. They were both called Kennedy. Contains a review of the US and UK government's definition of "antisemitism", which now includes incredulity towards the grand narratives of regime power.
https://open.substack.com/pub/frankwright/p/counter-populism?r=18ihr9&utm_campaign=post&utm_medium=web
The Kennedy assassinations ushered in the Zionist occupation of America. I make this case, which is also obvious, here
https://www.lifesitenews.com/analysis/how-the-kennedy-assassinations-ushered-in-a-zionist-occupation-of-america/
Here are two reports citing Christian church leaders in Israel, saying Christianity is being extinguished in the Holy Land.
https://www.lifesitenews.com/analysis/christian-persecution-continues-in-gaza-as-death-toll-climbs/
https://www.lifesitenews.com/opinion/the-disturbing-reality-of-how-christians-are-treated-in-the-holy-land/
Here is a further report on how one of the last Christian families in the Bethlehem area is being forced off their land by armed Israeli "settlers", who are stealing their land by force.
https://www.lifesitenews.com/opinion/israel-is-evicting-one-of-the-last-christian-families-near-the-birthplace-of-our-lord-jesus/
The term "antisemitism" is a voodoo curse. It is intended, as with all similar curses in our counterfeit culture, to attach severe penalties to the noticing of the obvious.
The facts about Israel's crimes are not widely known. If they were, Americans and others would not support them. "Antisemitism" is used to silence reporting on these crimes, which extend far beyond Israel's borders, and include the project to start the so-called "forever wars" in the Middle East - which Netanyahu has urged since the late 1980s - promising peace in the wake of the destruction he demanded.
In short, "Antisemitism" is a tool to silence the truth.
It is simply ridiculous to deny the degree of Israeli influence, which has purchased most of the politicians in the US establishment. To brand this obvious fact as an irrational hate is a measure of the bankruptcy of our system, in which truth is misinformation, and misinformation is sold as the truth.
"Something for Nothing" - Perfect analogy of what this monetary system really is. Although some would argue that "without the stick, there's nothing who would labor for the carrot". I'm getting this book BTW and I'm grateful that you have recommended it for us. Adding it to the arsenal of logic and reasoning behind doing away with currency banking and credit - altogether.
The concept of using a coin versus a token was always interesting to me because that type of exchange doesn't allow for a master token per-say. Or more precisely a store of value other than to whatever the product or service from the token provides. Sure you could hoard certain tokens for things that someone considers more popular or necessary and trade them out for tokens of completely different things too. But ultimately the token system is superior to anything that is part of the store of value system because of the simple fact that nobody has a superior token other than what that token is attached to. The business or person that created the product or provides the services is only rewarded with whatever Other Tokens from another product or service provider that which they don't supply. By decentralizing the exchange systems after doing away with centralized systems including the entire TradFi system itself and doing away with the gold standard and the use for any type of stored value systems.
Digital Tokens derived from the cryptocurrency phenomenon relevant to Bitcoin adoption - is actually better than Bitcoin adoption. It's actually the network protocol that the tokenization programs are being developed. But the governments that use central banks are aware of this situation and have been able to coerce the central bank into hijacking Bitcoin and tokenization platforms in order to circumvent the platforms into digital currency systems. Thereby maintaining the controls. I say that because it's true and there's nothing new about Bitcoin or tokens but it's all in how it's implemented that would be the difference. For example: if society adopted Bitcoin as they do gold. And Ethereum as they do silver and another block chain protocol for platinum and so forth. Nothing would about the monetary system would actually be any different besides the fact that you would actually be getting nothing for nothing by trading them in exchange for one another. Not even a promissory note Or a piece of copper for your goods and services either.
There are several parts of this token that makes it whole. Because it requires productivity and contributions by everybody without the need for the stick and prevents artificial scarcity as the biproduct. Additionally you won't be dealing with people that believe that they deserve to exist on the labor of everyone else. In fact that would be the only crime worthy of punishment. In the meantime the governments around the world including the United States are hastily converting their fake credit into Bitcoins, with the assistance of private equity fund "managers" in order to fool the people of the world - again. And probably would make life on earth worse than ever before for the majority and the Best it's ever been in history for the minority. And for a very long time further than ever before. I guess that would be good news, knowing that wars would be fewer and farther between.
Now, I'm going to purchase the book you've referenced, to hopefully read about what solution there is to the problem, if any. I'm not sure if it's as simple as not charging interest or simply using gold for good deeds will solve the problems associated with the ministry and the monetary. But it's a benevolent starting point that which is the better idea.
"unjust to charge for non-existent things" ; "goods which are consumed by use (like wine and food) and those which are not (money)".
This seems to rule out intellectual property. Pirating movies, shows, et al., has long been justified on the grounds that the owner still has their copy.
Not to mention it's very unclear where services fall under this.
Hunt gives you a sound guide to what usury is, and is not. I am trying to get him to agree to an interview so I can ask him questions like yours. He would know - I don't.
Well written, the USA, for every single day of its existence until they were mostly done away with between the latter 1970s and mid 1980s, had key and constant features to its baking, finance, and monetary structures that combined and overall were very socially, economically, and scientifically beneficial; one of them was state level usury laws, many of them are actually still on the books, they’ve just been nullified by federal law.
If it is wrong to rent money is it also wrong to rent an ox?
Read the book. It will clear the matter up for good.