Governments issue riba first, then they tax.

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Shaykh Muaawiyah Tucker on:

• How governments issue riba debt first if they want to pay staff, build roads, build hospitals, fund social housing, go to war, etc.., and then tax citizens in order to pay that riba debt back. This is called the National Debt (The National Riba Debt) that you, your children, and grandchildren are paying for.

• How 90+% of the money in circulation in the economy comes from riba loans we take from banks. So if you go to a bank to get a loan for a house, a business etc.. you become a partner with the bank in the creation of riba fiat currency, which leads to a further devaluation of the purchasing power of that very same fiat currency. In other words, this increase in the money supply increases inflation.

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Moro Blanco

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