The Really Obvious Thing We All Forget When Borrowing Money
by THE INVESTOR
Have you ever wondered who you’re borrowing money from when you go into debt? If you think you’re being given money by a bank or credit card company, think again. In this piece I’ll explain in one sentence who is really lending you money when you borrow. The rest of the article will explain why it costs you more than you might think to take it.
Borrow now, and have less later
Loans, mortgages and credit cards are mechanisms through which you can borrow money. They don’t give you a penny to spend. So where does the money come from? When you borrow money, you’re borrowing from your future self. Loans and credit cards turn the impossible into reality, taking money you’ll have in the future and giving it to you today. It’s an almost magical process that clouds where the borrowed money comes from, and what it actually costs.
Let’s say you want to buy a new computer. You have three choices:
Save up to pay for it - Borrow the money - Steal the money, or the computer
Option 3 is the cheapest, but it has practical, moral, and spiritual consequences. Option 1 requires you to live within your means, save the difference, and delay owning a PC until you can afford it. You may even buy a cheaper PC so you can own one sooner. If you don’t like waiting and you don’t like compromise, you’ll probably go for option 2.
In some households, option 2 is the standard choice. Such people regularly borrow money to buy everything from the groceries to their summer holidays. Borrowing might be done via: A credit card - A personal loan - Adding to the debt in your mortgage - Using a doorstep lender - A hire/purchase arrangement
All these options have advantages, costs, and consequences. Smarter borrowers shop around for the cheapest method. Others take the first loan that comes along. Finding the cheapest way to borrow is a subject for another article. The key point is that all these methods have the same common structure: You borrow money - You must repay it
To continue reading, please go to the original article here:
https://monevator.com/the-really-obvious-thing-we-all-forget-when-borrowing-money/
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“You can’t change the course of history.” Join Daniela Cambone in Rome for an exclusive sit-down with Frank Giustra, as he connects today’s debt and currency risks to the fall of empires and shares how investors can prepare.
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This Capital Insight episode examines Clif High’s discussion of potential disruptions to the international banking system, sovereign debt, central banks, and the future of money.
High argues that established financial institutions could face significant disruption as the existing debt-based monetary system comes under pressure.
He also discusses how these changes could affect the broader economy, including the possibility of a downturn, and why he believes gold and silver could benefit from a potential restructuring of the financial system.
High’s prediction of a new asset-backed digital currency he calls the “Treasury Dollar”
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Good Afternoon Dinar Recaps,
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Is a New Financial Order Taking Shape? | Susan Kokinda & Michelle Makori
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Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Susan Kokinda, Coalitions Vice Chair of the Michigan Republican Party and co-founder of Promethean Action, about why she believes President Donald Trump is challenging the foundations of the global financial system and potentially laying the groundwork for a major monetary and economic restructuring.
Kokinda explains why she believes Treasury Secretary Scott Bessent and monetary policy advocate Judy Shelton could play pivotal roles in reshaping the international financial order, including the possibility of a new Bretton Woods-style system and a greater role for gold in backing U.S. debt.
TNT:
Tishwash: US Chargé d'Affaires: Iraq is charting a course towards opportunity and prosperity for its people
The Chargé d'Affaires of the US Embassy in Iraq, Steven Fagin, affirmed on Saturday that Iraq is charting a course toward opportunity and prosperity for its people.
The embassy stated in a press release that "the US Embassy in Baghdad hosted a reception in honor of the Chargé d'Affaires, Ambassador Steven Fagin, with the attendance of Iraqi officials and distinguished guests."
The Chargé d'Affaires expressed his "vision for strengthening and expanding the horizons of the US-Iraqi partnership," and thanked "all the guests for their contribution to solidifying the strong relations between the two countries."
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR Update as of Sun. 1 Nov. 2026
Compiled Sun. 1 Nov. 2026 12:01 am EST by Judy Byington
Judy Note: On Wed. 21 Oct. 2026 the Central Banking Structure in London (allegedly) experienced a massive liquidity drain. In reality, this was the official global roll out of the new gold/asset-backed ISO 20022 currency of our new Global Financial System. The return to the gold standard worldwide was (allegedly) taking place in 47 major banking networks – all at the same time.
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CBI Media Director Haider Ghazi told Shafaq News that the document, which purported to announce an increase in the allowance, was forged and that no such decision had been issued.
Good Morning Dinar Recaps,
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Everyone loves a success story, and the world is filled with them. But what about stories of failure? Can't they be as just as educational? Just as inspirational? Equally insightful?
After all, a single big win is often built on several losses. It's a truth perfectly captured in the words of Japanese industrialist and automaker, Soichiro Honda, "Success is 99% failure."
KTFA
Saturday Night Video
FRANK26….10-31-26….PROSPERITY
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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Chris Real World: 10-30-2026
In an insightful analysis by financial commentator Holly Celiano, recent industry developments illustrate how digital assets are no longer operating in isolation. Instead, they are steadily positioning themselves as vital components of a unified, highly efficient economic infrastructure.
This transition represents an evolutionary upgrade rather than a radical replacement of traditional systems, balancing regulatory responsibility with technological progress.
Rob Cunningham: The Global Release, Indebted to Enriched
10-3-2026
What if one day this fictional geopolitical thriller becomes a non-fictional reality?
THE GLOBAL RELEASE
from indebted to enriched
One coordinated release. Seven days of fallout.
At the same instant, designated custodians receive two words:
Basrah Heavy, Medium Crude Record Weekly Losses
2026-10-31 Shafaq News- Basrah Iraq’s Basrah crude grades ended the week down by around 0.15%, despite gains in the final trading session and rising global oil benchmarks.
Basrah Heavy crude climbed by $1.09, or 1.49%, in the final session to settle at $74.11 per barrel, but recorded a weekly loss of $0.10, or 0.13%, from $74.22 at the start of the week.
KTFA
Sunday Night Video
FRANK26….11-1-26….DOLLAR DYING
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#