Patricia Gray 
Member since Jul 18, 2015


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Re: “Hug a Greek Today

We need to consider where that money that was lent to Greece came from. The banksters just make up money on a computer. Then they lend it to people or nations with interest charged for the loan of the fake money. Just like our college graduates, you can pay on your loan for decades, and have the amount of the money owed to continue to grow. What we must demand is a period of NO INTEREST CHARGES on the loan as it is payed off in full. With each payment the amount owed is reduced. This no interest period can be set for as long as it is needed to allow the borrower to get out from the high burden of debt. When the interest is put back on the amount due, it must be at a rate that can be paid. As the debt goes down the interest rate could increase without killing the borrower.

1 like, 0 dislikes
Posted by Patricia Gray on 07/18/2015 at 11:08 AM

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