Money As Debt
This is seriously one of the best explanations of how the banking system, and money in general, works.
Do yourself a favour and carve out 45 minutes to watch this. You’ll thank me.
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Steve Lacey, software developer at Facebook, British, married to the lurvely Nabila, dad to the wonderful Julian and Jasmine. Living in Kirkland (near Seattle), WA.
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About this Entry
This page contains a single entry by Steve published on May 11, 2008 11:05 PM.
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Statsorama
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Thanks Steve!
Seriously, very interesting and informative. I feel the need to comment on the "conspiracy theory" inference towards the end.
Having been exposed to many CT's in my 47 years of existence whether religious, political, extraterestrial or otherwise, I am constantly frustrated by two hallmarks of the "genre".
1. The "dramatically urgent" nature of their
presentation.
2. The fact that nothing substantial or effectively corrective ever comes of them.
All this leaves me with an intolerable sense of crushing impotence.
So, even if in this case all the conspiricy ideas are true, how would anyone effectively counter it?
Now excuse me, I am going to go console myself with some bacon.