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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

the money itself is a debt bearing loan

A debt that has never been taken, isn't meant to be returned, can be canceled at will, and isn't recognized as a debt by both parties, isn't really a debt. These debt-like mechanics are just a hidden tax plus some additional means of corruption for the federal government.

[–]Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Amd yet, the taxpayer is used as collateral as the state goes more and more into debt.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Citizens' reputation is the true collateral. This debt is too big to repay. And reputation is too valuable to lose. The plan is, make everyone a debtor, then cancel all debt simultaneously. When everyone has a bad reputation, no one has it.

[–]Jesus[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Problem is debt really isn't owned to any other debtor, if that makes sense. They'd rather have you think that however. That way the people in a class are pitted against each other.