The Usury Conjecture on the centralized, interest-based, debt-money system

Beyond Money

The Usury Conjecture on the centralized, interest-based, debt-money system
Revised June 2, 2022
Thomas H. Greco, Jr.

The Usury Conjecture in a nutshell
The central banking, interest-based, debt money system that is dominant around the world today is neither stable, nor sustainable, nor fair. The creation of money based on bank lending with interest creates an imperative for debt to grow exponentially with the passage of time. That debt-growth imperative drives artificial economic growth as borrowers compete with one another to acquire enough money from the always insufficient pool of money to service their “loans.”

When I first began my intensive inquiry into money, banking, and finance more than 40 years ago, it did not take long for me to discover the essential nature of money, where it comes from and how it is created, allocated, circulated, mismanaged and abused. I was astonished that this system has been allowed to…

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