What if our religions and many great philosophers were right about usury? What if there is something inherent in the creation of interest-bearing debt that leads to profound economic injustice?
Yes, it is difficult to grasp how fundamentally our monetary system needs to change in order to avert economic and environmental catastrophe. There are two interconnected problems here: one is the intrinsic nature of debt-with-interest that empowers capital to prevail over human needs. The second is the extent of the privileges given under the current financial architecture to the worldwide financial elite, namely the Fed and other central banks.
Jesus threw the banksters out of the temple and proposed the forgiving of debts. People of good faith must try to understand this system of debt-enslavement and organize to end it. Our economy requires the suicidal increase of consumption to meet the requirements of increasing debt. It is a profoundly unrealistic and unsustainable trajectory that makes an idol of profits no matter what the cost to human life and dignity. We need a new vision of economic justice, a sustainable economic system that respects the sacredness of life.
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