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Tags - borrowing
December 28, 2010December 28, 2010  0 comments  Uncategorized

The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt".

Remember: It's not what backs the money, it's who controls its quantity.

Tags: borrowing 

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billstill
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