Universal and Moral Values, Politics and World Peace — Page 17
mies), you immediately realize that they are becoming enriched and flourishing, at least superficially, in the following way:. Banks lend money to those who spend money, increasing their buying power. With that increase of buying power, industry flourishes, the economy flourishes and you see a sudden boom in economic activity. . Everybody is so happy, "I want a refrigerator - I want a deep freezer I want a microwave oven! It is impossible to buy them with my present earnings so, through banks, I will borrow from my own future, and at what cost! I will borrow one hundred dollars and will have to pay back from the future three, four, five hundred dollars, or even more. ". Collapse of such economies. So, a time comes when the whole system is saturated. There is nothing more for the banks to lend unless they receive money back. གན་. In addition, earning power is also adversely affected in such periods of inflation: often, while borrowing from the future and adding to your present earnings, you are 'capable' of earning more; but when you have to pay back through your nose, your earning power is reduced. What you have to pay back is far more than what you received!. It is at such times that economies collapse-it is impossible to sustain them. Industries shut down, big shopping centres come to a close, and there is dullness everywhere. It can only be remedied by expanding your markets in the rest of the world because, through this system, it is impossible to maintain the growth rate in the internal market of the country. This is known. UNIVERSAL MORAL VALUES, POLITICS & WORLD PEACE 17