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Sunday, October 05, 2008

Web of Debt!

"Web of Debt" might be the answer to the credit crisis:


The basic idea is we can fix our problems if we let government create money instead of the private banks. When money is borrowed into existence with interest, the interest has to come from somewhere, and guess what, it requires more borrowing! Why are we borrowing all our new money from a bunch of old men? Reset the debt!


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