Friday, April 17, 2015

Usury: Malinvestment and Misallocation

Once you understand how usury works, you can see how it harms...  Tulane has a long history of disasters in medical experiments, and here is just the latest:
Tests indicate a fifth monkey had been exposed to deadly bacteria that was somehow released from a high-security lab at the Tulane National Primate Research Center near New Orleans, according to an e-mail circulated among federal and state investigators. The monkey, like the others before it, was not part of an experiment. How the dangerous pathogen got out of its lab remains a mystery.
Perhaps knowing Tulane is not subject to control, it is the ideal place to release deadly pathogens.  The anthrax attacks of 2001 seem to emerge from Ft. Detrick, a "high security" facility.

With asset based-credit, privately issued, usury-free world, there is no EZ credit to create such a dangerous place.

And when we want to splash 1.4 billion dollars to treat 28 people for Ebola, put it in the tab, for there is no rational limit to how much credit can be created out of thin air.  There is a irrational limit, meaning at some unforseen point it will come crashing down, but no rational limit.


Party on!

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