Wow, this is a very fascinating interview. Something we are definitely not taught in the public (programming) Err I mean "education" system. Throughout history or herstory or his or her story. You find that there was an understanding of the nature of debt & its effects on economy. & about every 50 years all private citizen debts were wiped clean, which of course (duhh) gives more power to the working class people to BUY THINGS. Therefore a miraculous economic reinvigoration would & (could again) proceed! So this is part of a solution to many problems we are have. Cancel the debt, or keep going into a 1984/brave new world kinda reality. For the Oligarchs grow fatter & fatter on debt peonage...
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Checking your blog page, it looks like this was your first real post.
It is a good post and I hope I'll be seeing more of this quality from you.
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Thanks I appreciate the positive feedback! Yes brand new to this platform.
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Welcome, @mysticbard!
Yeah, I totally believe in debt forgiveness. Like, it shouldn't ruin people's lives because they made a mistake and ran a credit card up or Goddess forbid, got an education like everyone told them they must do. And as you say, keeping that debt around burdens the whole economy. It's true on a national-international level, too: all the poorer countries indebted to the IMF that can't get out from under that debt and actually grow their economies.
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