Posted 9 months ago on Nov. 14, 2018, 6:52 p.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
Compound capital gains, profit and interest increase the price of everything, the wealth of the few and the debt of the many at an exponential rate. Banksters and billionaires are a threat to the survival of the human race. They are more dangerous than all the tyrants and terrorists since the beginning of civilization.
The measure of debt is also the measure of the wealth accumulated by investors, that is not used to increase production. It is abstract and dissipative economic activity, as is trade and outsourced production. All such activities are parasitic on and destructive of real economy.
Wolf Richter: The State of the American Debt Slaves, Q3 2018 https://www.nakedcapitalism.com/2018/11/wolf-richter-state-american-debt-slaves-q3-2018.html