How to get from a debt-based economy towards the golden age economy?

Question: What interim steps need to be taken to move the US economy away from a debt-based economy and towards the golden age economy?


Answer from the Ascended Master Saint Germain through Kim Michaels. This answer was given during the 2020 Webinar – Choosing America’s Future.

A very broad question that has too many factors that I cannot cover them all in this answer. But obviously, one interim step is that a growing number, eventually reaching a critical mass of American people, (which is not the same as the majority) will start to question the debt-based money system. Why is money created as debt? Why do we allow money to be created as debt? Why do we allow a group of private banks to form the Federal Reserve System, which despite the deceptive name is not federal, but is a group of private banks?

These are some questions that need to be asked so that Americans can realize here, that this ties in with what we have talked about based on this RAND report of how money has been moved from the majority of the people from the middle class to the top 1%. How they have extracted money from the people by reducing wages and at the same time, they have projected out that as Americans, you are supposed to have a certain standard of living. This has caused many, many people to then go into a spiral of debt that they never really get out of for their entire lifetimes, where in order to get what you are supposed to have materially, to get the house, to get the cars, education, so forth, they take loans and go into debt.

Now, you will see if you go back to the decades after the war, where the economy was better and income was rising for all people, there were many people who could do this, who could have what they wanted materially without going into debt. You need to question what has happened to the economy, so that people now cannot have a material lifestyle, a normal material lifestyle without going into debt, and what is needed in order to get back to a point where people can actually live without being in debt because you need to recognize here that this is sort of a double negative, in the sense that not only are people making less money, but at the same time they are forced, quote  unquote, to go into debt, which means that a lot of the money they do make go to pay back interest to the power elite.

You need to get to a point where there are enough Americans who have seen this, who are determined to say: “We will not allow this to go on. We demand an economy where we can live a decent lifestyle with the money we make and we are not forced to go into debt in order to live that lifestyle.”

 

Copyright © 2020 Kim Michaels