Interest to no one

Just a simple look at interest
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Why?
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Because interest rates lead to scarcity, competition and the necessity of perpetual growth
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This is where we are today enmeshed in the nonsense of a perpetual growth economy
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Since nearly all the money in the economy is being lent out at interest through one mechanism or another, in deposits, loans etc, it follows that either:
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That some of these loans must end up in default or
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That the supply of money must grow
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Because if I am going to pay back a loan with interest, I must obtain that extra amount beyond the principle from somewhere else
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If the money supply is not growing, then a percentage of wealth holders corresponding to the prevailing interest rate must go bankrupt
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In other words if there are one thousand pounds in the world, and they are lent out at ten percent interest to ten people then one must go bankrupt to supply the other nine with the money to pay back their loans after one year.

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That is how interest sets us in competition.
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And this is the basis on which the world's economy is run
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Some must lose so that others win
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This system cannot continue indefinitely
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What comes next is not even under discussion
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We know where the current system leads
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To another financial crisis