An interest-free banking system, just like Gaddafy had. That’s why he had to be removed.
Who is that? Never heard of him!
The answer is no.
You only need to remove banksters from the central bank.
This will eventually lead to a shithole country.
Communism is state-run capitalism. You got that right.
You only need to remove banksters from the central bank.
Well if you remove Bankers from the banks who is going to run the banks? If you remove interest bearing instruments from the banking system as you suggest in having a interest free banks then how or what aspect of it pays for the services it provides to its customers?
His name is spelled differently.
The most correct Arabic transcription is Qaddafi, but he himself never used it.
Banks help run the economy and that’s all they need to do. But debt-based interest-bearing banking system makes the rich richer and the poor poorer and creates war and war industry and is thus the bane of civilization.
Ezra Pound had an insight, but it is probably too much for this thread.
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Right ok.
So in your opinion you think he Instituted banks with interest free services?
Exactly. This is the future.
Run the economy how? You still have to generate revenue to pay people to run the banks, they don’t run themselves. So specifically how are they going to run the economy? How about loans for businesses and house mortgages? Will they too be consider debt free and banks will lend out money for free?
Well first of all you are a little misinformed about the banking system Qaddafi had in place. And secondly your responses are plenty in ambiguity and short on details.
It has little to do with charging interest. They can generate revenue through other means.
Professor Senf has an idea. For his version of the solution, go take a look. His material is translated (partly) into English.
Wrong! You fail to adequately explain the details in your own words what those other means are, copy and pasting articles from non secured sites is not answering directly the questions that you avoid answering! Try explaining it in your owns!
- How are the banks going to run the economy? What specifically does that entail?
- Who sets monetary policy?
- How are loans going to be procured to offer the public access to mortgages and businesses needs with no interest? Are the banks going to give away money for free in granting such loans?
- How are the banks going to pay the people to run the banks and provide services?
- What specifically do you mean as in generating other revenues? Give examples!
You’re correct, without a working solution, it just time & energy wasted, that cannot be recovered. Talk is cheap. The Powers That Be, will continue to pull strings.
Dozens of off topic posts by the guy who cries the loudest about thread derailing…
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STFU Monte! As usual your stupid comments that contributes nothing to the conversations here but sow discord rings true!
Right, so back on topic, if the UK is a shithole, the blame for it is plain enough to see. The question remains whether the British have learned any lessons.
I probly don’t need to post this bc I’m sure you already know that…Saul Alinsky was born in 1909 in Chicago, Illinois, to Russian ■■■■■■
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I like to give credit where it is due
A breakdown of these by ethnicity might be revealing.
Both London and Luton have very high immigrunt populations
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