Usury

Created out of thin air. Real chains. Can you feel the code?

We have faith that it will carry us through the difficult times and that it can be trusted to bring us to prosperity. We have faith in debt because it has been a cornerstone of our economic system for generations. Our faith in debt is so strong that we take it for granted, believing that it will always be there to rescue us when we need it most. We have faith that debt can be our savior and that it will always provide us with the means to move forward. We trust debt to be our financial life line and to always be there when we need it. (ao)

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Thomas Jefferson

Thomas Jefferson’s fears are valid because he was warning of the dangers of debt and the idea of funding with money that would be paid by future generations. This warning is still relevant today as the global economy has become increasingly reliant on debt, and governments and businesses are taking on more debt than ever before. Debt can be a powerful tool for stimulating growth and investment, but it can also lead to unsustainable levels of debt that can cripple an economy and leave future generations with an unmanageable debt burden. Jefferson’s warning against the dangers of debt is still relevant today and should be heeded in order to avoid the potential pitfalls of too much debt. (ao)

AI Created: Artificial Intelligence talking about Usury.

Me: I’m gonna say that usury makes us trust in debt as if it was a worshiped reality.

ChatGPT (jan23):

It could be argued that in a society where usury is prevalent, debt becomes normalized and viewed as a necessary aspect of life. This can lead to a trust in debt as a means to acquire goods and services, and a belief that it is a necessary means to achieving financial stability and success. The negative consequences of debt, such as the potential for financial ruin, may be overlooked or downplayed in such a society. Additionally, the financial institutions that profit from usury may be viewed as powerful and trustworthy, leading to a form of “worship” or reverence for the system.

Buy the AI a drink (in holofuel)

Extra:

1. Debt (Thomas Jefferson)
2. Funding (John Maynard Keynes)
3. Credit (Adam Smith)
4. Interest Rates (Ben Bernanke)
5. Deficit Spending (Paul Krugman)
6. Quantitative Easing (Janet Yellen)
7. Default Risk (Alan Greenspan)
8. Subprime Lending (Robert Shiller)
9. Financial Leverage (Warren Buffett)
10. Debt-to-Income Ratio (Joseph Stiglitz)

Wikipedia:

• https://en.m.wikipedia.org/wiki/In_God_We_Trust
• https://en.m.wikipedia.org/wiki/Debt
• https://en.m.wikipedia.org/wiki/Worship
• https://en.m.wikipedia.org/wiki/Mammon

Affiliate:

Books:

1. “Debt: The First 5,000 Years” by David Graeber
2. “The End of Alchemy: Money, Banking, and the Future of the Global Economy” by Mervyn King
3. “The Big Short: Inside the Doomsday Machine” by Michael Lewis
4. “The Price of Inequality: How Today’s Divided Society Endangers Our Future” by Joseph Stiglitz
5. “The Shock Doctrine: The Rise of Disaster Capitalism” by Naomi Klein

Documentaries:

1. “The Ascent of Money” (2008)
2. “Inside Job” (2010)
3. “Money for Nothing: Inside the Federal Reserve” (2013)
4. “The End of the Road: How Money Became Worthless” (2012)
5. “The Four Horsemen” (2012)

Movies:

1. “The Wolf of Wall Street” (2013)
2. “Margin Call” (2011)
3. “The Big Short” (2015)
4. “Wall Street” (1987)
5. “Too Big to Fail” (2011)

Series:

1. “Dirty Money” (2018-)
2. “Billions” (2016-)
3. “Succession” (2018-)
4. “Ozark” (2017-)
5. “Arrested Development” (2003-)

Songs:

1. “Bailando por Dinero” by El Gran Combo de Puerto Rico
2. “The Chain” by Fleetwood Mac
3. “Money” by Pink Floyd
4. “Rich Man’s World” by ABBA
5. “The Gambler” by Kenny Rogers

Artworks:

1. “The Treachery of Images” by René Magritte
2. “Monopoly” by Banksy
3. “The Physical Impossibility of Death in the Mind of Someone Living” by Damien Hirst
4. “The Currency of Love” by Damien Hirst
5. “The Value of Art” by Ai Weiwei

Podcasts:

1. “Planet Money” by NPR
2. “Freakonomics Radio” by Stephen Dubner
3. “The Indicator from Planet Money” by NPR
4. “The Dave Ramsey Show” by Dave Ramsey
5. “The Peter Schiff Show” by Peter Schiff

Purpose: to create an app and/or interactive book

Would you agree…

#UC082 Would you agree that with #usury we #worship #debt as if it is a #reality?https://t.co/0ESiwTmFCB#UsuryC #UC081 #UC083 #Avarice #Human #Immoral #Interest #History #Money #Economy #Activism #Myth #Mammon #Talents #Erysichthon #Ethics #Philosophy #Ecology #Holochain

— Atotsm (@Atotsm2) August 19, 2022

#Usury #UsuryC #UC081 #UC082 #UC083