clipped from www.financialsense.com
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Explanation: ?Fiat currencies are all lent into existence – but only in a manner that provides for re-payment of principal, not interest.? Thus fiat systems require that the money supply grow – at a minimum rate known as “usury” or interest, in order to pay back the earlier loans plus the interest.?

In effect, fiat money or in the?vernacular, the US dollar (but really all fiat currencies)?is “THE BIGEST PONZI GAME” on the planet.? As Martenson points out; the geometric growth curve eventually results in a parabolic “up” phase no matter how low the growth rate is – the only determinant before this outcome results is – TIME.?

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