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Tags - economy
May 7, 2011May 7, 2011  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.

This version finally cuts several bogus quotes which have festered in the monetary reform literature for decades.

http://www.youtube.com/watch?v=swkq2E8mswI


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billstill
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