Money As Debt

Comments: 5
Hits: 286
User: Caerid
Headline
Money As Debt
Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it all is being created.
Apr 16, 2007 12:14 AM
Re: Money As Debt
Six stars for the content, minus one for the presentation equals five stars!

By: loqi
[ Reply ] [ Flag ] [ Root ] [ Thread ]
Re: Money As Debt
Loqi, I've received your PM. My reply, however, was blocked because you only allow mail from friends. You haven't added me as one of your friends ... yet.

My short answer: Jaxon picks the headlines, as far as I know. If you'd like to see this link headlined (which would be an excellent choice), ask Jaxon. But ask nicely (or he'll strike you down with bolts of lightning).

Good luck! and be sure to ask him to headline my first ever link to M&Cs: The Money Masters ...
[ Reply ] [ Flag ] [ Root ] [ Thread ]
Re: Money As Debt
Oops, fixed it. Maybe I'll fill in all those little text field profile thingies too. Eventually.

By: loqi
[ Reply ] [ Flag ] [ Root ] [ Thread ]
Re: Money As Debt
wow, only reinforces Ron Paul as the only legitimate candidate.
[ Reply ] [ Flag ] [ Root ] [ Thread ]
Re: Money As Debt
Ron Paul supports returning to the gold standard. While that's marginally better than just letting financial services corporations run wild, it's hardly a solution. Most of the physical gold in existence is controlled by banks.

The main problem during the Great Depression was a scarcity in the money supply. Banks were calling in loans and foreclosing on property while giving out less new debt, causing a contraction, and a transfer of ownership of property from poor to rich. There was no scarcity of actual things of value, which is why people were turning to barter to survive (including barter of gold until that was made illegal in the U.S.)

Don't let them position gold as a more solid backing for currency. Congress can just issue debt-free currency and spend it into the economy any time it wants to, rather than the government taking out loans for gold-backed money from gold-manipulating bankers.

By: loqi
[ Reply ] [ Flag ] [ Root ] [ Thread ]

RSS XML

The comments are property of their posters.

All logos and trademarks in this site are property of their respective owners.

Everything else © 2008 MilkandCookies.com.

DMCA