“Of course I can drink myself sober – they are trying to borrow us out of debt, aren’t they?” . YES THEY ARE . Today they are announcing that they will borrow more money, so that they can “unfreeze credit markets” – so that they can borrow some more.Details
Ross Ashcroft is a British filmmaker, broadcaster and businessman. He is the host of the Renegade Economist show. He is the producer and director of the documentary film: Four Horsemen.
Wayne Walton will be our guest Saturday. He will be describing his state by state biblical jubilee.
TROUBLE AT THE LEMONADE STAND . Sometimes it helps to illustrate a concept by breaking it down to its essential parts. A sort of elemental examination of the thing. So it is with understanding how money works – a simple illustration can make it easier to grasp a new concept. All you have to…Details
Money Creation is This Simple A. If money exists, it was created. All money is created by banks, when they make loans. They create brand-new money; they do not loan out deposits. If they did, you could not get your deposit until the loan was paid back! B. Banks only create the principal when they make the…Details