>I with you on that Dragan, I have not even attempted to get started on fiat money not being money at all, but debt conjoured out of thin air and the system is mathmatically unstable to say the least. I think that is beyond where this audience wants to go.
I already wrote about n(20,0), and that's where the system is heading.
Not only is this a pyramid scheme - all the fresh money is actually government's loan from The Fed (who, in case there's anyone who didn't care to learn yet, is not a government institution, it's a consortium of private and/or foreign banks who are in charge of creating money), which is, of course, burdened with interest. Actually, all of the federal tax income goes to debt servicing - anything that government does is financed from the fresh debt. Which has its own interest... and so ad infinitum.
Now if this country had control over its currency, maybe then.