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My argument to that is if everyone in the country stopped producing goods so there was nothing to buy how much interest would you have given for that piece of paper then. Your thinking is upside down the only value in a dollar comes from the knowledge you can buy something with it otherwise it...

I am really puzzled why this post is getting no replies I have also posted it at a few different sites and no one has responded to any of them either I am really interested to hear someones take on this. If there really is no justifiable reason why the banks should be taking a percentage of...

Usury (the real definition is ANY lending with interest). is the cause of unemployment/overproduction and inflation/underprodution. In a system with no interest everything is balanced people have the exact amout of money they need to buy all the products they produce hence no overproduction...

Does anyone know why when massive inflation like this occurs a Country does not just resort to some sort of Barter system? To me it seems absolutely insane that this country still has all the resources and labour potential it had before but because the "money" is hyper-inflating they decide...

You are absolutely right there. When you think about it the 3 most important markets for human survival real estate, food and oil are not included in inflation that makes absolutely no sense. The only thing this practice serves to do is make it look like inflation is stable even though it is...

I would say that not a recession but a depression or hyper-inflation is most likely in the cards for within 5-20 years with more and more economic uncertainty in the meantime which is what I mean by beginning of the end. The resourcefulness of policy makers and citizens will determine how long...

Exactly it is all sleight of hand and will not be hidden forever. Keeping interest rates lower than inflation will cause mass exodus from U.S. dollars and already has hence the depreciation of the dollar which is even worse in foreign countries than here. If rates are not raised it will lead to...

The problem with the current system can be logically inferred from points 1 and 2 of my previous post. Point 1 shows that without the mitigating factors of money coming in from another country through exporting goods or foreign loans there is a continually rising debt. The nature of...

I do not take exception to the resource pooling and the minimization of risk that that entails but this could be better carried out by different mutual fund like carrying institutions and in effect would be an investment in the entire country with dividends coming from the increased efficiencies...

I do not believe this to be true and in fact debt is the problem. The money that comes from banks originally belongs to working class citizens who put it there. What I am proposing is a basic cut out of the middle man the banks which does far more harm to our economy than good. Let free market...

Bushes has definitely excaberated the situation mainly through a lack of action. The problems we are facing today were inevitable but the speed at which they are happing are in no small part attributable to Bush. The national debt for the last 8 years shows a government running with no regard...

Just hope the housing market bubble does not cause the actual value of your house to be worth less than your mortgage or inflation will not only be eating into your savings it will also be eating into the capital you have in your house.

It is very likely that rumors and naked short selling were responsible for undermining of Bear Stearns the ironic part is that the original rumors about Bear Stearns liquidity crisis came from J.P. Morgan there soon to be financial savior. With friends like that who needs enemies? Also why...

The other big problem which libertad has stated is the way campaigns are carried out and major campaign reforms with a focus on internet type disclosures being the focus being the best solution. Setup computer voter education centers for people who cannot afford a internet connection or...

Lets just hope and pray it is not an attack on Iran or the Great Depression will be like a wonderful dream compared to what would happen.

The oil prices seem to be a result of a combination of problems including inflation, speculation in oil futures and Opec oil quotas. The Opec oil quotas are definitely an excaberation of the other 2 because Opec is not following free market principles artificially driving the price through what...

Letting banking institutions make loans and then sell them as securities with no more culpability is a disaster waiting to happen and needs some form of regulation since the people that exploit these type of loopholes are too short-sited to see that all the profit in the world is meaningless...

The masses always surrender to living under one form of government economy society or another there is no way around that. The problem is finding a combination of these that is a win for all people and the country not a win for one in spite of the other.

There is one big difference though all forms of Marxism that I am aware of have been socialist. The state owned everything not the people. What I am saying is that the people own everything which is less socialistic than the current system where the government owns the Land and gives it to the...

I know it is very idealist and may not work in reality but the main thing about the type of system I described that I think is Important is the tangible ownership in your country. If your country succeeds so do you so there is a tangible (in your hands) reason to care abut what happens. If your...