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: 5
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The Euro is Crashing big time right now, and the Next Up Sovereign to be thrown under the Bus has revealed itself. Portugal had its bond ratings downgraded, which means they are soon to suffer a massive increase in debt servicing costs. So now the only question is How Low do You Go with the Euro before the Germans give up the gho...
I am kicking off this thread with one of my Doomstead Diner Comic Strips, which I wrote and my friend Flapjax Illustrates. I will occassionally bring in Doomstead Diner strips here on the Raging Debate as another Feature Presentation of the network. Looking forward to the discussion here of monetary history and systems. RE...
Posted 163 days ago
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....