Tag Archives: Washington’s Blog
The great word game of banking explained: reclassifying “loans” as “deposits”
The other day, I ran across another stellar article about money creation at Washington’s Blog. The article, titled “A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air” contains excerpts from a 2014 … Continue reading
SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY
Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money. It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages
Tagged banking, central banking, China, credit, dollars, Federal Reserve, fiat currency, fractional reserve banking, salt currency, self-issued currency, Washington's Blog
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LIBERTY ROAD MEDIA 