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NCmom's avatar

Clown show is right!! I’d like to hug every person in Poland for revealing us to be frauds that love getting other countries blown up.

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dissonant1's avatar

I haven't watched the Luongo podcast. I would submit, though, that the moral collapse has been much broader and with more pernicious effect than what might be traced to the fractional reserve banking system. That is just a symptom, along with all of the forms of speculation and derivative trading now prevalent in our financial system, which has become a giant Ponzi scheme built on a false foundation of fiat currency.

When no moral standards exist you can not have understanding or trust. Without those, obviously, you cannot trade with one another, make or take loans, or have any faith in investments or the financial system. But in a larger sense you no longer have the shared values that must underly social cohesion and society in general. Even the laws and the legal system are of no value if they are not backed up by people who are moral and choose to enforce them equally and apply justice blindly based on them. Lack of moral standards and a lack of belief in and fear of God is the sickness in our society now. Our society was initially founded on such and it will die (is dying) without such. Our current "leaders" are a reflection of that lack of morality that permeates our society now.

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