[Reposted]

HOW IS it that middle class families have gone in the last five decades from being sustainable on one income to requiring two in many cases? Why in the same period has household debt grown ever higher? You would think we would have less debt, not more.

This 2019 video discussion between two Australians, Will Waite and Chas Pinwill, explains why working mothers (war and high immigration too) are a necessity in a debt-based, central banking economy and why personal indebtedness only grows worse. Everything they say about Australia is relevant to the U.S. They discuss the “social credit” alternative (not to be confused with Chinese social credit scoring) in which every adult receives a national dividend, similar to workers in profit-sharing companies. The dividend would offset the lack of money in circulation despite growths in productivity in a high-tech age and would provide enough to support families and individuals.

“We’ve gone from a situation of single income to double income but we’re not any richer, because all the second income … goes to paying the mortgage. So the banks have done bloody well. They’ve got us in a deeper grip than ever. And we think we’re getting richer because house prices are going up but they’re only going up because they’re lending money to everybody to bid against each other,” says Pinwill, a cattleman who brings earthy wisdom to the subject.

Major banks and large corporations push feminism, homosexuality and transgenderism. Our economy needs non-reproductive worker bees to keep all that debt afloat.

It doesn’t have to be this way.

Both Capitalism and Communism are founded in usury. Both empower the few at the expense of the many.

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