8 thoughts on “TIDBIT: THE END OF MONETIZED DEBT?”

  1. Debt will always grow in a usury (interest-bearing) setting. The principle must be repaid, plus the interest. And so, on average, debt will grow over the decades and centuries – accompanied by seizure of land and escalating slave/bonded status. Ancient rulers countered that ‘tendency’ by periodic Jubilees. It was a ‘practical’ matter. Debt forgiveness countered the growing unrest in the ‘lower’ population, and the resultant desire for an outside liberator to come-in (invade) and cancel the debts. The Jubilee ‘system’ worked for thousands of years…

    The planetary debt ‘crisis’ will be solved in one of three ways:
    1) Full Jubilee and start over.
    2) Full revolution (with or without a crash), and the survivors start over.
    3) Moneychangers accept a major ‘haircut’ and continue to control.

    (There is actually a fourth category, where the general consciousness of all – including the monechangers – is raised, and we realize that we are all in this together. Not holding my breath for that, but allowing for the possibility.)

    1. Unfortunately goshawks the moneychangers are too dumb and greedy to accept your fourth scenario. They’re too isolated in their ivory towers and walled communities to see their coming house of cards crashing down on them and their associates and families.

      1. Dana, thanks for the replies (and Marcos). Yep, just switching ‘Masters’ within the same consciousness-level will produce the same results. That is why I focused on “the general consciousness of all – including the monechangers – is raised.” Without that, we are basically scr~wed.

        Ironically, ‘human potential’ could bring-about that change. We are all manifestors, consciously or unconsciously. As the misery level rises with indebtedness, the ‘calling’ for Change rises in lockstep. At some point, a “Hundredth Monkey” effect kicks-in, and some sort of Shift occurs. It is the exact-manifestation of this Shift which is the focus of various ‘conditioning’ efforts…

        1. Too many Psychopaths at the top of the human food chain. Plus 95% of the human population has been conditioned not to care and to do as they are told and not to think outside the box. But when motivated enough for self preservation reasons the 5% that do care and can think outside the box can make amazing things happen.

          1. Robert Barricklow

            So goes the meme…
            Although, I don’t dispute it.
            Less than 1% can change it
            if it’s true to the bone.

    2. Gos the “4th way” could be possible (maybe in combination with some of the other ways) from the general consciousness aspect. In the past every single debt-oppressed civilisation was closed within itself (a little like the US today) but now a growing proportion of the population understands, more from bitter experience than academic teaching, that debt-based money is the same in Switzerland as in Swaziland. I like to go back to C.A. Fitts advice of using “shunning”, i.e. whenever possible not to interact (i.e. energy exchange with and focus of consciousness on) the various tentacles of the octopus: e.g. be food growing, awareness in purchases and means of livelihood, opening to creativity etc.

      1. Contrary to the motto on “lewrockwell.com” (anti-State, anti-war, pro-market) I have doubts about the “withering away of the State” (the Marxist and anarchist dream), an automatic disappearance of human conflict (Rousseau’s theory of the “primordial innocence” of man) and the miraculous arising of a perfect self-regulating “free market” (pushed by mercantilists in sheep’s clothing since the 1600s).

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