The challenge is the interest that is inherent in the monetary system. There is not enough money to pay back the debt tied to its creation PLUS the interest. This creates the scarcity situation where it is a race to be one who is able to get the resources. Being "credit worthy" is another way of saying being able to enter the interest game.

For the past 100 plus years, when we look at the population, broken down into 10% tiles, we see that only two of them were net interest recipients. As you can guess, it was the top 2 tiers. Everyone else ended up being net interest losers, with the middle tiers being the biggest losers.

Thus, the middle class was systemically being wiped out, regardless of what the interest rates were or how smart the upper tier thought they were. Simply being in the top classes entitled those few to bilk the middle class without any effort.

It is a process that continues today.

Posted Using LeoFinance