For-profit banking is destroying the economy, the planet, and human well-being.
Right now, human beings are enslaved to banks to the tune of $300 trillion.
And that number isn’t slowing down.
Because that’s not how compound interest works.
Archaeologists have discovered ancient cuneiform tablets that taught Babylonian accountants how debt destroys society:
- The real economy (growing crops, building houses, etc) grows incrementally, but the parasite economy (interest, rents, shareholder profits) compounds exponentially.
- Inevitably, the parasite economy demands so much interest, rent, and profit from the real economy that the real economy grinds to a halt (and all the smart young people flee, like what’s happening in Canada right now.)
- Eventually, when the masses have been reduced to debt peonage and rent slavery, a bloody revolution takes place and the parasite class loses their heads (see: Rome, France, etc)
But the Babylonians were smart. They wanted to avoid stages 2 and 3, so they declared debt jubilees every eleven years on average.
Israel was commanded by Yahweh to take it a step further and not only jubilee the debt every seven years but ban interest altogether. They ignored the command, which left them in a perpetually weakened state that allowed them to continually get smoked by the Egyptians, Philistines, Assyrians, Babylonians, Greeks, Romans, etc.