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Interest is evil because it produces permanent debt that will never stop growing because it will always outweigh the total amount of real value in the economy, creating a pattern of inflation (and possibly deflation) that sabotages the economy and steals away the value of it's money.

submitted by Paradoxical003 to whatever 1.7 yearsAug 25, 2022 20:58:19 ago (+11/-5)     (whatever)

Fiat currency is evil because it's backed by nothing except government power, untethering it from any representative resources with real value and finite supply for which it could be redeemed, as it stands, it can be exchanged for nothing that could be used as a substitute for it's use as a medium of trade.

Credit culture is evil because it produces a world of debt for a country and it's people, while also paving the way to a system that seizes the ownership of one's own funds from the nation's people, placing their money under the control of the government, megacorporations, and the banker dynasties that controls both.

Fractional reserve lending is evil because it allows banks to cheat their clients into debt (the government frequently being included among their number) and the economy into (you guessed it) inflation.

Private central banking is evil because it allows foreign powers in the form of international banking dynasties and megacorporations to hold the government hostage, forming a deep state aristocracy that controls the government and legal system of the country, usually to the insane ends of an archaic agenda that goes against the interests of it's nation's people.

Corporate personhood is evil because it allows those acting within their capacity as a corporate figure to avoid facing legal consequences for their criminal behavior.

Requiring companies to submit to the immediate financial interests of their shareholders is evil because it forces them to conduct their business like psychopaths.

ESG scores are evil because of the way they also rob companies of their agency by forcing them to operate in accordance with a specific set of political agendas.

Intellectual property is evil because it infringes upon the ownership rights that individuals and groups have over their own real physical property, people are restricted in making profits off of their actual goods and services for the sake of people being able to profit off of their ideas, on a moral level, this is profit off of nothing, which places it on an equal standing with charging interest in terms of it's on-principle evil.

I have good reasons to hate all these things, not only are they all morally wrong concepts, they are also harmful in very tangible ways, the race to the collapse of our civilization had truly started at the introduction of each of these concepts into our economic systems.

Of course, it was jews and hoodwinked or corrupted gentiles who passed each of these into law, some were present from the beginning of the nation's founding, a sensible design for the American system would have prevented such things from being made so.

I could probably think of other terrible economic policies that had ultimately brought about the doom of our country down the line, If you have anything to add or say about this post, I would appreciate you letting me know in the comments. thank you for reading this post.

I know I've neglected to mention the evil of government intervention in the market, be assured that I know that there should be a clear separation of market and state, a lack of such a vital separation is one of the worst evils, that gives rise to the corporations, which fosters an incestuous relationship between them and government in conspiring against the people, and which produces the monopolies and oligopolies that kills market competition and creates the plutocratic corporatism that so many of the anti-capitalists on here love to mischaracterize as being the true ultimate form of the free market.

Yes, any involvement of government in the economy outside of enforcing the NAP (which includes things like enforcing the terms of contracts, and prosecuting fraud) is evil, be it through services that redistribute funds (like welfare and healthcare), or policies that interfere with market activity (like subsidies and regulations), it is something I intensely regard as inherently vile, producing disastrous results for the society and it's individuals.


8 comments block


[ - ] boekanier 2 points 1.7 yearsAug 26, 2022 00:59:54 ago (+2/-0)

Interest? the evil arises with debt then.

[ - ] NationalSocialism 0 points 1.7 yearsAug 26, 2022 10:31:27 ago (+0/-0)

Good post. I’m not sure why it was downvoted.

[ - ] Spaceman84 0 points 1.7 yearsAug 25, 2022 21:24:24 ago (+0/-0)

Think outside the box. Debt should be a form of punishment. With a high interest rate for the worst white collar crimes.

[ - ] diggernicks 0 points 1.7 yearsAug 25, 2022 21:49:56 ago (+1/-1)

High interest rates are great if youre good at saving

Problem is inflation always out paces it

[ - ] Paradoxical003 [op] 0 points 1.7 yearsAug 25, 2022 22:20:12 ago (+0/-0)

All these things eventually hurt everyone.

[ - ] diggernicks 0 points 1.7 yearsAug 25, 2022 22:21:37 ago (+0/-0)

Since we're off the gold standard for good I dont see a way of putting the tooth paste back in the tube

[ - ] Paradoxical003 [op] 0 points 1.7 yearsAug 25, 2022 22:36:27 ago (+0/-0)*

Anything that's perceived to be of value can be used as money. You don't need gold.

If you are so hooked on gold in particular, then realize that once the economy is reformed and running properly again, we can get gold back and make it the standard again.

[ - ] diggernicks 0 points 1.7 yearsAug 25, 2022 23:02:51 ago (+0/-0)

Youre funny