Riba literally kills growth, the growth for everybody. Except for a tiny handful of economic elites. The biggest factor in economic growth is people. And the more riba spreads through loans and debt, the fewer kids people end up having. Can you explain the harm from riba, like interest, any simpler than that?
And don't let those climate fanatics feed you lines like "there are too many people" or "humans are the cancer of this planet." That's all bullshit. A landmass the size of Australia could house every single person. China alone could feed everybody on the planet.
*Riba* is the cancer of this planet. And Bitcoin is sadly just a drop in the bucket.
The effects of riba, using Turkey's yearly population growth rate as an example.
[Source: https://www.worldometers.info/world-population/turkey-population/]
But what explains the birth rate going up between 2010 and 2018? After pulling together all the data:
Turkey went through this phase from 2010 to 2016 with low government debt and moderate inflation, while the economy was growing strong. Then starting in 2017, things got way worse real fast because of growth funded by debt, loose money policies, and political meddling in the central bank, which all led to a major currency crisis in 2018.
And ever since then, it's been a steep downhill slide, and life in Turkey has gotten tough again, which directly hits the birth rate too.
View quoted note →
[Source: https://www.worldometers.info/world-population/turkey-population/]
But what explains the birth rate going up between 2010 and 2018? After pulling together all the data:
Turkey went through this phase from 2010 to 2016 with low government debt and moderate inflation, while the economy was growing strong. Then starting in 2017, things got way worse real fast because of growth funded by debt, loose money policies, and political meddling in the central bank, which all led to a major currency crisis in 2018.
And ever since then, it's been a steep downhill slide, and life in Turkey has gotten tough again, which directly hits the birth rate too.
