Part 14/19:
Furthermore, Griffin explains that during downturns, the system employs bailouts—using taxpayer funds to rescue big banks, corporations, and foreign entities—deepening the transfer of wealth and power from the common people to an international financial elite.
Usury, Interest, and the Exploitation of Debt
Griffin delves into the moral and economic implications of interest (usury). Modern definitions label excessive interest as usury, but Griffin advocates a radical shift: any interest on money made out of nothing is usurious. He illustrates this with examples, such as a home loan that results in interest payments exceeding the original loan amount many times over—interest earned from "nothing."