17 Feb
2011
17 Feb
'11
10:58 a.m.
Nothing new, I believe, for regular readers of this list or the P2P blog, maybe even banal: "These bankers are not proposing to loan their money to the world. Rather, they propose creating new money out of thin air... they loan the fabricated money, collect interest payments and demand the principal back in real money from the debtors. It’s a lucrative scheme if you’re on the inside. What bankers call ‘Credit’ the rest of world experiences as ‘Debt’ owed to the bankers... Alternatives exist" what's interesting is _where_ this is written, a place a little more "mainstream" than those usually hosting these talks: http://www.greenpeace.org/international/en/news/Blogs/makingwaves/deep-green... Marco