When a family starts, parents immediately start investing in their children. This investment is multifaceted but includes financial investment and is balanced with the cost of maintaining the home. The financial investment for the children is based on the number and each child’s potential. Each child has a potential that the parents gauge and develop and the financial investment is proportional to that potential. This determines the amount of money that becomes available. The child is meant to produce and their “return” on this investment is the honor and love back to the parents. If there is no such return, parents chalk it up. They did their job. If they are stingy with their investment, the child’s development may be stunted. If the financial investment is disproportional to their potential, they run the risk of spoiling the child. Producing a brat. Both parents might then be considered bad parents. What would be worse however would be if the parents put a price on their money. Charging interest. In addition, these bad parents may even demand a return on their money, principal and interest. One would have then to wonder what kind of parents these are and whether they are even worthy of the title. We could call them an “unfamily”.
The family can be considered the fractal of society. A fractal is a unit object, a building block, whose shape resembles the whole it makes up. So then one would expect the larger units to resemble the shape and function of its unit parts. This is how countries are defined. Originally it was the propagation of individual races that kept this shape but there is no reason why countries with multiple races cannot preserve this form and function. To preserve their definition as a country.
Countries, like families, also have the the obligation to provide a currency to maintain themselves and to provide a means for her citizens to exchange goods and services. This is the purpose of money. It is the birthright of nations. If the country cares for her citizens, the currency would be produced and volume gauged for the potential of her resources, citizens, her families, and communities. This determines the amount of money that becomes available. The citizen is meant to produce and the country’s “return” on this investment is the honor and love back to the country. If there is no such return, the county chalks it up. They did their job. If they are stingy with their investment, the country’s development may be stunted. If the financial creation is disproportional to their potential, they run the risk of becoming a country with little productivity. This country might then be considered a bad one to live in. What would be worse however would be if the country put a price on their money. Charging interest. This is different from individuals, companies, and private banks charging interest, which is their choice and the choice of the borrower. We are talking about the country putting a price on its money. Charging interest for money to come into existence. With each baby born. Why do people even care about fiat currency? What about fiat currency with interest? Why do people care about leveraging assets for liquidity when leveraging based on the “asset” of a loan is much worse? If all that has been done in recent history could be done with such a system, couldn’t it be done without charging interest? What exactly is point of charging interest?
In addition, such an odd country may even demand a return on their money, principal and interest, hidden in the form of taxes. This is while they have the power to issue currency to pay for its services and maintenance to begin with and without a tax since they are providing liquidity for their existence anyway. One would have then to wonder what kind of country that is and whether they are even worthy of the title. We could even call that an “uncountry”. And what type of citizenry would warrant such power to decide interest rates for allowing money into existence? This is the key point. If the medium of exchange of a country is based on a loan, then there will always be a perception that the money really belongs to the loaning institution and not the country. It doesn’t. Laws like Glass-Steagal are meant to keep a lid on that perception, but that has not been brought back and the better solution is to issue a currency without interest.
Can a country become more disfigured than this? Yes. There is one more iteration of this degradation. The worst of the bad is if the “uncountry” so disfigured exports its currency to other countries. Or simply persuades other countries to similarly put a price on their currency or by issuing them a loan so that even their taxes go to paying interest. Thereby making them into “uncountries” and exporting all that comes with that disfigurement.