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Anyone who wants to understand this insanity, I recommend MONEY AS DEBT https://www.youtube.com/watch?v=2nBPN-MKefA https://www.youtube.com/watch?v=2nBPN-MKefA
by jonplackett 7y ago
Anyone who wants to understand this insanity, I recommend MONEY AS DEBT
https://www.youtube.com/watch?v=2nBPN-MKefA https://www.youtube.com/watch?v=2nBPN-MKefA
The first time I saw it I thought it was a luny conspiracy theory, but NO. It's all true.
- aguyfromnb 7y ago>It's all true. This is not a surprise to anyone who understands how a modern monetary system works. I guess this is why Bitcoin and its "there's a set amount of currency and we know exactly what it is" is so popular with people of a certain mindset; they expect that's how money works.
- jonplackett 7y agoThat's my point though - most people have no idea how the modern monetary system works. Most people have no idea banks have the power to create money. They think they're lending other people's money.