posted June 22, 2009 05:48 PM
i do believe that is how most governments do business these days, and have done for decades. the question is how do they end the cycle?edit: in fact just found this on david icke's site!! posted by a european (obviously) in may...
"A Simple lesson In Euro Economics
Posted by: Jay in Banking and the Money Scam, Humour
It is August and in a small town on the South Coast of France the holiday season is in full swing, but it is raining so there is not too much business happening and everyone is heavily in debt.
Fortunately, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter as a deposit. He takes the key and goes to inspect the room located up the stairs on the third floor.
The hotel owner takes the banknote in a hurry and rushes to his meat supplier to whom he owes E100. The butcher takes the money and races to his supplier to pay his debt. The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago.
The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit. The prostitute goes quickly to the hotel, as she was owing the hotel for her hourly room use to entertain clients.
At that moment, the rich Russian is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory, takes his E100 back and departs.
There was no profit or income. But everyone no longer has any debt and the small townspeople look optimistically towards their future.
COULD THIS BE THE SOLUTION TO THE GLOBAL FINANCIAL CRUNCH?"
since money is a fiction anyway, maybe we should just do away with the debt and have done with it!! all it would take would be a general consensus to do so.
oh but the people who have been chasing and piling up the little ciphers (dollars/euros) don't want to give them up! cause they make people feel better, or safer, than others...or somesuch tommyrot.