Tim Knowles
1 min readJun 24, 2024

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The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value.

Nothing there says debt or interest.

Money is not debt and money is not the problem.

Even debt is not the problem, bad debt is the problem. Do not take on debt that does not provide a greater return than the interest owed. A mortgage might be good debt. Even school loans can be good debt. Both can be bad debt if not chosen wisely. Consumer loans, credit card debt and most car loans, bad debt.

The system can be beat, the system does not worry about smart consumers who avoid bad debt and don't fall for the Capitalist's trickery. They know a sucker is born every minute, don't be a sucker.

Where were all the kids' parents, why were the kids not taught better. How did so many kids get trapped, really, I blame the parents. Hopefully these kids will teach their children better, but I am guessing few of them will have kids.

TEK

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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