This Group discusses the origination of Fractional Reserve Lending model, how inflation is used by governments to insiduously counterfit and subsequently tax its citizens. The Group will attempt to consider
evolutionary methods of moving to a new global monetary framework that
includes a represenative process that involves the global citizenship.
Members: 4
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Jason: Special thanks to Debtwatch for publishing this brilliant article and its continued study of macroeconomics. I first realised that the world faced a serious financial crisis in the very near future in December 2005, as I prepared an Expert Witness Report for the NSW Legal Aid Commission on the subject of predatory lending....
Studying Jörg Guido Hülsmann's latest book, The Ethics of Money Production, is a vastly enriching experience. After building his case for natural money on the inviolability of an individual's right to his own property, he then shows us how the state has spent the last 400 years usurping this right for the benefit of a priv...
Posted 113 days ago