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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (260882)	7/15/2010 7:42:12 AM
From: RetiredNow	Read Replies (1) \| Respond to of 306849

Well, if that money was borrowed and invested in revenue streams that earn more than the interest, then it would be ok. The only problem with a monetary system like ours is that our government has used it irresponsibly. It's not the system itself that is unworkable, rather, it's the way the system was and continues to be abused. I would argue that the fiat monetary system is the most powerful tool for wealth ever created....if used properly. Unfortunately, we've seen the sad truth of human nature. Give anyone that much power and they will abuse it as surely as the sun rises each day.