Episode 62: There is No Money, only a Credit System

2 months ago
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This RogueCast is a discourse on the subject of my article, ‘Show Me the Money’ which should be read in conjunction with it.
Whilst the various frauds of this realm are all around us, one of the biggest is the illusion of money. We each give it a value and have a confidence in it when we are ‘paying’ for goods or services but the fact is there is nothing of substance to it. Does it have any more value than the notes we use in a game of Monopoly? How can any (fake) debt be ‘paid’ with IOUs?

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