
Originally Posted by
Seraph
One problem that both fiat and commodity backed currencies have is exponential debt growth. This always leads to debt deflation when the overburden of debt gets so large that it sucks all the money out of the economy. All the different 'isms' have this problem. The only solution is debt cancellation. [...] Usurpation of democratic, public national control by private interests, in the form of banking legislation.