No one creates any money to repay the debt, so we have to borrow and go deeper in debt. In real life the banksters have made us all debt slaves waiting hopefully for liberation from our bondage.
About the Author
Paul Hellyer is Canada’s Senior Privy Councillor, having been appointed to the cabinet of Prime Minister Louis S. St. Laurent in 1957, just eight years after his first election to the House of Commons in 1949 at the age of 25. His multi-faceted career, in addition to a near-lifetime in politics, gives Hellyer a rare perspective on what has gone wrong in the critical fields of both world politics and economics.