Tarmo Toikkanen on 2008-08-30
All money is loaned from banks, and all (except the 5% that is cash) is deposited into banks.
This link has been bookmarked by 40 people . It was first bookmarked on 13 Aug 2007, by someone privately.
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27 Mar 09
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Sol HannaPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
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21 Jan 09
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Fhar MiessPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.
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13 Jan 09
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27 Nov 08
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29 Aug 08
Tarmo ToikkanenGood tutorial on the current financial system and its imminent problems, and what should be done about it.
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Tarmo Toikkanen on 2008-08-30
An ever-increasing portion of taxes and all transactions are needed to cover the interest on the ever-increasing sum of outstanding loans.
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Tarmo Toikkanen on 2008-08-30
As banks charge a higher interest on loans than they pay for deposits, to pay for the interest difference, more loans needs to be drawn from banks constantly.
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Tarmo Toikkanen on 2008-08-30
Fractional reserve system (ratio 9:1) allows private banks to create new money in the form of new loans, up to about 100 times the value of the bank's own deposit to the central bank.
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Tarmo Toikkanen on 2008-08-30
All money is debt - if all debt were paid off, there would be no money. Money is not based on value.
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27 Jul 08
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15 Jul 08
Arne Løining"Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
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08 Jul 08
Mark TrappPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it.
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17 Apr 08
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14 Apr 08
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05 Apr 08
Brent SordylPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it ... all » is being created. It is an entertaining way to get the message out
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Public Stiky Notes
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