Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing For The Far Off Future
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 1361827, member: 3011"]I think you are making a lot of assumptions that probably won't occur. Eliminating debt doesn't hurt future generations. It helps them have a fresh start, attend the schools that won't be closed, obtain medical care that won't be eliminated. It isn't self serving to fight for debt forgiveness. It is a high form of charitable sacrifice to bear any burden now to eliminate the massive debt load for the next generation. Banks will continue to loan. They have no alternative. Foreigners will lend here. All of the alternatives are worse. The difference between us seems to be that I see the institutions in society, including lenders, as existing to serve the community. You seem to see people existing to serve the institutions regardless of the harm it does. There is no free market, or freedom, if debt cannot be eliminated without taking the pound of flesh. What you describe is high tech 21st century serfdom.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1361827, member: 3011"]I think you are making a lot of assumptions that probably won't occur. Eliminating debt doesn't hurt future generations. It helps them have a fresh start, attend the schools that won't be closed, obtain medical care that won't be eliminated. It isn't self serving to fight for debt forgiveness. It is a high form of charitable sacrifice to bear any burden now to eliminate the massive debt load for the next generation. Banks will continue to loan. They have no alternative. Foreigners will lend here. All of the alternatives are worse. The difference between us seems to be that I see the institutions in society, including lenders, as existing to serve the community. You seem to see people existing to serve the institutions regardless of the harm it does. There is no free market, or freedom, if debt cannot be eliminated without taking the pound of flesh. What you describe is high tech 21st century serfdom.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing For The Far Off Future
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...