Patrick Schleizer: > Артур Истомин: >> On Mon, Jul 14, 2014 at 12:17:14PM +0000, Patrick Schleizer wrote: >>> Nice graphic. Looks similar for any country! Exponential growth of >>> debts. But not because mainly more and more money is wasted, it is the >>> money system itself that is broken. One of the biggest frauds ever. Who >>> has the right to create fiat money out of nothing? How exactly does >>> money creation work? Why is it that almost all countries are indebted? >>> And those not indebted, have minor funds in comparison to others debt, >>> don't hold the balance that others owe to them. If you take a balance of >>> all governments worldwide, debts are exponentially growing. To whom do >>> they owe the money? >>> >>> In the fiat money system, amount of money in circulation equals debts. >>> Yes, even if you personally don't have any debts, all paper and book >>> money is only in circulation, because someone else made a debt. Pay back >>> a loan, and money gets literally destroy. If everyone could pay back >>> their loan, there would be no more money in circulation. One problem >>> with this system is, someone earns interest for the money in circulation. >>> >>> So I can only encourage you to learn about the money system. Get >>> information from official sources. Read different opinions on how to >>> interpret it. Then try to conclude if it is a fair system or a fraud >>> system where few get richer at expense of everyone else. >> >> Interesting think. What do you advise to read? > > If no one else has suggestions, it requires some effort from your side, > research. I don't know who best advocates this topic in English language. > > Maybe, > - https://en.wikipedia.org/wiki/Money_as_Debt - haven't seen yet, but > sounds interesting > - https://www.youtube.com/results?search_query=money+as+debt > - search terms: "fiat money", > - "debt money", > - and "money creation" are good starting points
https://www.youtube.com/watch?v=jqvKjsIxT_8 is a good introduction. -- tor-talk mailing list - [email protected] To unsubscribe or change other settings go to https://lists.torproject.org/cgi-bin/mailman/listinfo/tor-talk
