few thoughts on the monetary system that we have and also real money
Posts Tagged ‘interest’
An UPHIGH Production The debt epidemic has spread throughout the western world like the Black Plague. Maybe it is time we class debt as a disease and take steps to protect ourselves, families and future generations.
blog.amerifirst.com The S&P credit downgrade of America is more political than financial. Warren Buffett says so, President Obama agrees, and so does Mark A Jones of AmeriFirst Home Mortgage. Watch Mortgage Minute TV for insight into the credit downgrade news, and real estate news like median home prices in Michigan. AmeriFirst Home Mortgage president and [...]
Visit these sites; www.tmlg.net & loan-101.com to get more information on commercial loans and business mortgage loans;
The Article can be found here: realcurrencies.wordpress.com The Problem is not Debt, it’s Interest October 7, 2011 How do we know this? Consider a mortgage. We borrow 200k, and after 30 years we will have payed about 500k. So we pay 300 thousand dollars interest over the loan. What would happen with our purchasing power, [...]