Forum Post: Interest now composes 40 percent of the cost of everything we buy!

The table is tilted, the system is rigged. The banking/monetary system, the very way money is created, is the largest part of what maintains the inequity we now suffer under. Why do private for-profit bankers get the right to create money from debt, and charge interest for doing this? They get endless free money, skimming 40% from every dollar you spend. The interest is compounded, and last forever. The vast majority of all collected tax money goes to service a debt owed to private for-profit bankers. We the people could create the money we need through the government, money that is not based on debt, and is interest free. This broken system must change. Period.

"For government projects, Kennedy found that the average cost of interest is 50 percent. If the government owned the banks, it could keep the interest and get these projects at half price. That means governments - state and federal - could double the number of projects they could afford, without costing the taxpayers a single penny more than we are paying now."

http://www.truth-out.org/time-economic-bill-rights/1320938466