Posts on ‘January 13th, 2009’

Money as Debt III

Here’s a good written summary of the “money as debt” issue:

http://www.hasslberger.com/economy/money.html

“Without beating around the bush, here is the hot potato: Money is being created not by our governments, but by a private monopoly run by the (private) banking corporations.”

And money is basically created out of thin air! Continue reading →