Credit Revolution

Credit Revolution
The ongoing success of the capitalist system is dependent on the ongoing credibility of the trading commodity on which the capitalist system is based. Today that trading commodity is undoubtedly access to credit. Yet credit comes at a cost and this cost is called interest. Interest for its part is a double edged sword. Although interest is an efficient market mechanism to take into account risk, the downside is that interest by necessity must add to the global money supply since a borrower must pay back a sum in addition to the principle.

This means that whenever interest rates are above zero, the money supply must be continuously increased so that interest payments can be logically made. (otherwise the entire capitalist system would collapse) How is this possible in a closed system?

The logical answer is that this extra money supply is created out of thin air akin to a conjurers trick. Once you understand this grand illusion a person can quickly come to some rather startling conclusions. Why not simply take advantage of this grand illusion to create even more credit. Then use this extra credit to tackle the worlds most pressing problems like poverty and climate change.