Wednesday, January 2, 2013

Tally Sticks

To understand what is happening at the moment, you have to understand what money is. Here, Ellen Brown describes in very simple terms what it is, and confirms that paying interest is the problem, and that fiat money is not necessarily the problem. This flies in the face of the supporters of the gold-standard, but is also the argument of Bill Still:

http://www.youtube.com/watch?v=2Vpx_oPnuRw&feature=player_embedded

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