Debt is Liberation not Enslavement

[ALifeWastedOnRot]

At 5%, I just have to pay $50 a month in perpetuity and I can borrow $12,000 now to buy whatever the hell I want. If that’s not a good deal I don’t know what is. I’m already deeply in dept and I’m loading up on more for another $50 a month.

This isn’t slavery, it’s freedom because otherwise I’d have no way to get my hands on that $12k

 

[Anarcho Nihilist]

At 5%, I just have to pay $50 a month in perpetuity and I can borrow $12,000 now to buy whatever the hell I want. If that’s not a good deal I don’t know what is. I’m already deeply in dept and I’m loading up on more for another $50 a month.

This isn’t slavery, it’s freedom because otherwise I’d have no way to get my hands on that $12k

I prefer to live debt-free.

 

[DarkStar]

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson : Stephen Goodson : Free Download, Borrow, and Streaming : Internet Archive

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson

archive.org

 

[Justanotherbloke]

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson : Stephen Goodson : Free Download, Borrow, and Streaming : Internet Archive

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson

archive.org

That topic was at the beginning of Europa the last battle, interesting

 

[Justanotherbloke]

Yup, You're effectively unlocking 12k now for the price of a couple nice dinners a month, in perpetuity, sure, but that’s a manageable tradeoff for the immediate utility.
Especially if you're already carrying debt, another $50 a month doesn’t materially change your situation, but $12k upfront could. Whether it’s for opportunity, breathing room, or just something you need now, access matters more than the abstract weight of debt when the terms are this tame.

 

[Justanotherbloke]

I prefer to live debt-free.

I get that debt free mindset, but context matters. Not all debt is created equal. If you can borrow at 5% and it only costs you $50/month to unlock $12k right now, that’s a powerful tool, especially if you’re already juggling other payments.
Sometimes it’s not about chasing zero debt, it’s about using the system to buy time, options, or just a little breathing room. That kind of access can change someone’s month or year.

 

[ALifeWastedOnRot]

I prefer to live debt-free.

I prefer to have debts

 

[ALifeWastedOnRot]

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson : Stephen Goodson : Free Download, Borrow, and Streaming : Internet Archive

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson

archive.org

This book is literally explaining how I’m enslaving mankind using debt. The money im using was issued into existence, devaluing others’ money and directing the wealth into my hands

 

[ALifeWastedOnRot]

Yup, You're effectively unlocking 12k now for the price of a couple nice dinners a month, in perpetuity, sure, but that’s a manageable tradeoff for the immediate utility.
Especially if you're already carrying debt, another $50 a month doesn’t materially change your situation, but $12k upfront could. Whether it’s for opportunity, breathing room, or just something you need now, access matters more than the abstract weight of debt when the terms are this tame.

Facts, and the assets I’m buying will be worth more than 1.05^10 in 10 years, so I’ll be richer than if I didn’t take out the debt

 

[Anarcho Nihilist]

I prefer to have debts

I just don't want to give money to Jewish loan sharks. You're literally sponsoring parasites who don't create any new product or service, they just give you money on the condition that you give them more money than you took.

 

[Anarcho Nihilist]

Facts, and the assets I’m buying will be worth more than 1.05^10 in 10 years, so I’ll be richer than if I didn’t take out the debt

I can understand the logic of creating bank deposits at a percentage when you get paid to keep them. But to borrow money on the condition that you pay them back is no longer clear to me.

 

[Justanotherbloke]

Facts, and the assets I’m buying will be worth more than 1.05^10 in 10 years, so I’ll be richer than if I didn’t take out the debt

This is the part that too many people miss. Debt when used right isn’t a trap but it’s a tool. If the assets you’re picking up are set to grow faster than the interest you’re paying, then you’re not just staying afloat, you’re building a gap between where you are and where you would’ve been without the leverage.
1.05^10 is what, like 63% growth over a decade.. Plenty of assets beat that without needing to swing for the fences. So yeah, if the math checks out, you’re literally positioning yourself to be better off by taking on that $50/month.

 

[ALifeWastedOnRot]

I just don't want to give money to Jewish loan sharks. You're literally sponsoring parasites who don't create any new product or service, they just give you money on the condition that you give them more money than you took.

Banks are really the only productive enterprise in any economy. It’s not the 1800s anymore, farms and manufacturing requires subsidies to keep up. The only industries that produce any economic or real value are banks and a few big tech firms like Apple and Microsoft. Even Tesla needs subsidies.

 

[ALifeWastedOnRot]

This is the part that too many people miss. Debt when used right isn’t a trap but it’s a tool. If the assets you’re picking up are set to grow faster than the interest you’re paying, then you’re not just staying afloat, you’re building a gap between where you are and where you would’ve been without the leverage.
1.05^10 is what, like 63% growth over a decade.. Plenty of assets beat that without needing to swing for the fences. So yeah, if the math checks out, you’re literally positioning yourself to be better off by taking on that $50/month.

Bill Ackman level IQ

 

[Justanotherbloke]

I can understand the logic of creating bank deposits at a percentage when you get paid to keep them. But to borrow money on the condition that you pay them back is no longer clear to me.

But it really depends on how you use the debt. If that $12k is going toward something that actually grows or pays off down the line, then yeah, you're repaying it, but you're also unlocking way more than you could without it.
It's not about taking on a burden just to owe, it's about getting ahead by using money you don’t yet have to create value you couldn’t reach otherwise. In the right context, that trade makes a lot of sense.

 

[Anarcho Nihilist]

Banks are really the only productive enterprise in any economy. It’s not the 1800s anymore, farms and manufacturing requires subsidies to keep up. The only industries that produce any economic or real value are banks and a few big tech firms like Apple and Microsoft. Even Tesla needs subsidies.

But it really depends on how you use the debt. If that $12k is going toward something that actually grows or pays off down the line, then yeah, you're repaying it, but you're also unlocking way more than you could without it.
It's not about taking on a burden just to owe, it's about getting ahead by using money you don’t yet have to create value you couldn’t reach otherwise. In the right context, that trade makes a lot of sense.

OK, I admit I'm wrong, because I don't understand anything about finance and economics.

 

[Anarcho Nihilist]

But it really depends on how you use the debt. If that $12k is going toward something that actually grows or pays off down the line, then yeah, you're repaying it, but you're also unlocking way more than you could without it.
It's not about taking on a burden just to owe, it's about getting ahead by using money you don’t yet have to create value you couldn’t reach otherwise. In the right context, that trade makes a lot of sense.

Banks are really the only productive enterprise in any economy. It’s not the 1800s anymore, farms and manufacturing requires subsidies to keep up. The only industries that produce any economic or real value are banks and a few big tech firms like Apple and Microsoft. Even Tesla needs subsidies.

Okay, I'm not going to argue about economics, because I don't have an economics degree, so I don't have any expertise in this field.

 

[SickWeakCoward]

The title of this thread, translated:

"Sucking jew dick is straight, not gay!"

 

[SickWeakCoward]

Banks are really the only productive enterprise in any economy.

How long before this faggot gets permabanned, place your bets!

 

[ALifeWastedOnRot]

How long before this faggot gets permabanned, place your bets!

You’re the one promoting Nazism.

 

[Justanotherbloke]

Okay, I'm not going to argue about economics, because I don't have an economics degree, so I don't have any expertise in this field.

Fair enough and honestly, you don’t need a degree to think critically about this stuff. Most people figure it out through lived experience. For me, it’s less about economic theory and more about weighing cost versus potential upside.

 

[Anarcho Nihilist]

Fair enough and honestly, you don’t need a degree to think critically about this stuff. Most people figure it out through lived experience. For me, it’s less about economic theory and more about weighing cost versus potential upside.

I understand you. I just argue about history because I understand it well. I have a bachelor's degree in history. When I start to get into other areas I can make mistakes, so if I make a mistake somewhere, I always admit it. I have never been interested in economics, I have not read scientific economic articles and especially I have not read scientific economic books, so I do not have much knowledge in this area.

 

[Justanotherbloke]

I understand you. I just argue about history because I understand it well. I have a bachelor's degree in history. When I start to get into other areas I can make mistakes, so if I make a mistake somewhere, I always admit it. I have never been interested in economics, I have not read scientific economic articles and especially I have not read scientific economic books, so I do not have much knowledge in this area.

Everyone brings different strengths to the table on this forum I guess. You've got a solid background in history, and that's an area where I know I can always learn more. On the other hand, economics is more my lane, and I enjoy diving into that side of things. Between the two of us and others on the forum, we end up covering a lot of ground, which only makes the threads richer. This is what keeps the forum constructive, much better than the usual trolling or point scoring that goes on in some corners.

 

[Emba]

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson : Stephen Goodson : Free Download, Borrow, and Streaming : Internet Archive

A History of Central Banking and the Enslavement of Mankind | Stephen Goodson

archive.org

Nice link bro thanks

 

[Emba]

I should probably do this and live it up before I die

 

[poorenglishcel]

I understand you. I just argue about history because I understand it well. I have a bachelor's degree in history. When I start to get into other areas I can make mistakes, so if I make a mistake somewhere, I always admit it. I have never been interested in economics, I have not read scientific economic articles and especially I have not read scientific economic books, so I do not have much knowledge in this area.

If i wasn't high inhib i would argue about everything especially things that i don't know shit about which is like everything.

 

[ALifeWastedOnRot]

Everyone brings different strengths to the table on this forum I guess. You've got a solid background in history, and that's an area where I know I can always learn more. On the other hand, economics is more my lane, and I enjoy diving into that side of things. Between the two of us and others on the forum, we end up covering a lot of ground, which only makes the threads richer. This is what keeps the forum constructive, much better than the usual trolling or point scoring that goes on in some corners.

You should learn about the Austrian school

 

[Leon98]

The title of this thread, translated:

"Sucking jew dick is straight, not gay!"

How long before this faggot gets permabanned, place your bets!