I like to disagree.
We have a world in which money is a good itself. That good can be electronically in almost infinit amounts created limited only by harddisc space.
The last boom proves this theory correct which was entirely created by low interest rates. In this world innovation and responsibility only matter for the billboards, but not the credit board, which should be statisticaly prooveable. Or you just read the banks internal guidelines.
If the money would be donated, the boom would be even bigger considering the importance of "consumer spending" to that form of economy.
What you think I'd buy having received instead of fair pay the system is incapable of due to Secret Service powers, if the ECB donated 10.000 Euros onto my bankaccount? It won't rest long there, promised.
That way the money would start circulating again including into savings. Inflation would be not affected, because no one would have to pay interests back as if it was a loan or credit.
If anyone was spending this money too fast being still payed by a constant cash flow I could lent him money for a small interest rate.
But in reality, money is not a Good itself in this system and instead the ability to get a loan a medium of tyranny.
Some American banks dared to ask for race in the account application forms, which was only a minior offence instead of being deemed unconstitutional terminating the banking licence immediately.
Germans... I better don't find out onto the existing bill, but every rich family is a Jewmurderer connected to the Holocaust.
#noblessoblige #TIE #provos