The Credit Show: Money Psychosis
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Two problems for humanity:
1) money addiction (single most effective dopamine trigger!!)
[Olds J, Milner P. (1954). "Positive reinforcement produced by electrical stimulation of septal area and other regions of rat brain". J Comp Physiol Psychol 47 (6): 41927.]
2) under-diagnosed, tolerated and in Western Nihilizations hugely honored antisocial personality disorder (ICD-10 / 3-6% male pop.), which destroys reciprocal altruism.
Nuclear energy is black magic, btw...
Tressco 2 years ago
State sovereign issued credit isn't for consumption, it's for investments that benefit the general welfare (infrastructure, agriculture, industry). It's medium to long term and the interest rates are fixed 2-2.5%. It puts in motion productive labor, without having the actual capital (which is dead labor anyway), and a productive debt means increased revenues for the future, for the treasury.
Zamolxx 2 years ago
hoeffle's comment: we must change our relationship to idea of economics(26:50), is the truest statement.
atradition 2 years ago
If you make 100.00 a day and need 150.00 a day to pay your bills and eat and you do this for 365 days you are in debt to the tune of 18,200.00. Do away with loans, credit, and paying on time. Buy what you can afford. Food and housing. Everything else is excess. Stop showing off!
CP91311 2 years ago
I say barter system is the only option with gold and silver to trade with. the bureaucrats have proven ineffective so they must be excised.
Dubsackjack 2 years ago 2