[Gone_Postal]

Money is debt which is being destroyed by paydown and default. Every dollar of debt destroyed means that 8.65 dollars of money supply are lost due to the reserve ratio. Things are worsening at a geometric rate.

I had always thought that dept was money that you didn't have..and to be more to the point dept is imaginary money..(it's not there).IE: IOU..... I'd rather be dept free than be a slave to the lender...

[RKBA Democrat]

“I’d rather be debt free than be a slave to the lender...”

Amen. The more people look upon debt as SLAVERY and less some sort of desirable lifestyle choice, the better off we’ll be.

The banks that are profiting from all this got there on the backs of millions of debtors.

Neither a debtor nor a lender be.