++Minor mistake: $1M in gold borrowed at 1% is $10k NOT $100k in interest due. No matter, it does not exist, and cannot be paid regardless of interest rate.
K Roc explains how gold/silver money is an asset confiscation racket designed to destroy national sovereignty.
The Rothschilds can use any debt based money system to bankrupt a nation. It does not matter if it backed by gold/silver/paper/digital.
"Fiat money", "fractional reserve lending", and "inflation" are all bankers produced patsies/symptoms of problems that THEY create.
Usury is the original sin of mankind. Usury should be a hate word in a just society. Usury is the problem, paper/fiat are the patsies.
We are being warred upon by offshore central banks!