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„Debt Cycle“

from the gallery of Mark Bolek

In an age of cycling and recycling debt for consumer products and fractional reserve banking for over a century it is fascinating think about what a year of jubilee would look like today. This photo was taken in the back of a popular clothing retailer where I saw they were, for some reason, hanging towels over guardrails and thought it ironic. A year of jubilee in Leviticus 25 is basically a cancelation of debt and starting from zero every 49 years. It breaks the cycle of debt that keeps usury restrained. It is opposed to our current system of ballooning debt for the sake of liquidity. Note: I am a big proponent of austrian economics.

Picture ID: 5f04e0b
Margit Rogge liked this artwork 2014-01-22 18:17:59 UTC
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