[fyhhvvfddhv]

The economy is circular. The money created through the loan benefits the entire economy, going from hand to hand. you don't consume money or burn them. Then its unfair to burden one group or say one country (like Greece) to have to pay through the nose for the activity that everybody benefits from. This is basic macro-economics. The root cause of debt slavery and financial troubles we have can be solved by separating the creation of money from lending. In a democracy the power to create money should lie with the people not private banks. If the politicians misbehave you can vote then out of office unlike the CEO of Goldman Sachs at al

[CWuestefeld]

We've got piles of people with degrees in <SomeGroup> Studies, working as waiters and waitresses. The money that was spent housing and feeding them as students for 4+ years, paying the professors and administrators, could have been used more productively in some other pursuit. As you note, it's not quite equivalent to burning the money. But it's still a net loss, and given its size, it's not insignificant.