The End of the Financialization of the Economy and the Beginning of the Retailization of Finance

End the money creating power of private finance with a publicly administrated non-profit national banking system that becomes the new ending point for the economic/productive process and that can thus extend the discount/rebate policy to the creation of a note. Therefore the $200k house becomes a $100k price at retail sale for the home building corporation and then the $100k note becomes $50k at 0% interest. Thus instead of a $200k 30 year note plus insurance and taxes at 5% and payment of $1300/mo you have a $50k note with half the taxes and insurance at 0% interest for only 10 years with a payment of around $525/mo.

It’s the difference between debt slavery and a true ownership economy.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s