Debt by Design
This book explains how our monetary system works and how commercial banks create money. The effects of this are examined, along with an alternate monetary system that is vastly superior – which we term Fair Money. Topics covered include: how commercial banks create money, the importance of seigniorage, how quantitative easing works, what monetary policy really means, how inter-bank payments work, the distraction of fractional reserve banking, the Guernsey experiment, the Chicago Plan, the 5 different money classes, why depositors are creditors, the war on cash, how banks buy currency notes, how bank balance sheets work, constraints on money creation, consequences of debt monetisation, the use of misleading terminology, the historical role of gold, the benefits of an asset-based currency, and the transition to a better monetary system. Extracts are provided from the Bank of England, the Federal Reserve System, the International Monetary Fund and the Reserve Bank of Australia.
-
22:10
Degenerate Jay
1 day ago $7.86 earnedMarvel Superhero Games Have A Big Problem
61.3K7 -
8:02
scoutthedoggie
20 hours agoHill Top Airsoft Battle Scotland 4K
12K5 -
8:06
Bearing
1 day agoP Diddy Was TELLING US THE WHOLE TIME!
10.6K11 -
8:58
Tactical Advisor
1 day agoNEW Budget SHTF Optic | Primary Arms GLX Micro Prism
12.4K -
11:45
Space Ice
21 hours agoVan Damme's Legionnaire Is Like 'Full Metal Jacket' If Kubrick Wasn't Terrible - Best Movie Ever
10.6K13 -
0:53
OfficialJadenWilliams
19 hours agoChatGPT Vs. Google Gemini
11.9K2 -
3:16:17
-
16:14:07
Right Side Broadcasting Network
7 days agoLIVE REPLAY: President Trump Returns for a Historic Rally in Butler, Pennsylvania - 10/5/24
1.09M678 -
2:55:35
Nitrocross
8 days agoNitrocross Busch Light Race to the Mountains | Round 3 | October 5, 2024| 6pm ET / 4pm MT
112K26 -
3:03:41
The Quartering
22 hours agoDonald Trump Elon Musk LIVE Rally In Butler Pennsylvania! Live Commentary & Hangout!
176K173