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reinsley,
Thanks for posting this link. I also looked at the Money as Debt
video on that page. This is very powerful information that should be
required knowledge for every literate person in the world. With the
reach of the internet that is actually possible today. It will be our
undoing if we do not change the basic approach to banks and debt
soon. I had only vaguely understood this before, but this puts into
stark contrast.
Best regards,
Dennis
On Oct 5, 2008, at 5:14 AM, reinsley wrote:
>
>
> A good resume here :
>
> http://www.bigeye.com/griffin.htm
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "reinsley" <reinsley@xxx> wrote:
>>
>>
>>> IMO, this is a problem with the way our money is created.
>>
>> Right.
>>
>> The answer is in this book THE CREATURE OF JEKYLL ISLAND.
>>
>>
> http://www.amazon.com/CREATURE-JEKYLL-ISLAND-Federal-Reserve/dp/B00181HBR0/ref=sr_1_2?ie=UTF8&s=books&qid=1223197052&sr=8-2
>>
>> You can see and understand the inconceivable story.
>>
>> "You enter a reality zone. You can never come back into the fuzzy
>> area
>> where you come from..."
>>
>> BR
>>
>>
>>
>> --- In amibroker@xxxxxxxxxxxxxxx, "hemant sharma" <hemantbhai100@>
>> wrote:
>>>
>>> AmiBroker User's List>This is a problem with free market capitalism
>> - not race and culture.
>>>
>>> IMO, this is a problem with the way our money is created.
>>>
>>> specifically, this is a problem with collateral based debt money.
>> Land is collateral and land is also the most important investment.
>> Once land prices begin to rise, banks lend more, and that money then
>> raises land prices more.
>>>
>>> An engineer would recognize a positive feedback here. And positive
>> feedback systems are inherently unstable (ie, oscillatory, or "boom
>> bust").
>>>
>>
>
>
>
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