It seems a difficult thing for people to accept, but the present global debt-money system contains within it a growth imperative. Because money is created by banks as interest-bearing loans, debt grows exponentially as time goes on (the compound interest formula is exponential).
How is it possible for every debtor to pay their loans WITH INTEREST when the money supply does not grow except by the creation of more debt by the banks?
Every actor in the economy must then compete for that insufficient supply of money in order to keep from defaulting. Hence, they must do all they can to expand production, sales, and profits. They must control their markets, both markets in which they sell their products and markets in which they buy their inputs.
That is why the environment is being destroyed, the social fabric is being torn asunder, and the economic product is being increasingly maldistributed. This monetary system REQUIRES that there be many losers.
Under central banking, there are two choices:
1. Keep the money supply pumped up by making additional credit (money) easily available, or
2. Let the economy contract as defaults mount.
The first leads to hyperactivity and inflation. This hurts those on fixed incomes.
The second leads to depression. This hurts small businesses and those who have little financial net worth and live from paycheck to paycheck.
The central banking usury system puts us between a rock and a hard place.
Interest (usury) between two parties to a loan is one thing; interest built into the foundation of a credit-based monetary system is quite another.
There’s a good economic reason why three major religions (Judaism, Christianity, and Islam) have banned usury. Now the economists need to understand it.