Once again no need to add to what Jay Smooth has to say.
I love it
It's important that everyone know what money/currency is, as well as how it's generated and flows within our economy in order to fully understand what's at stake here. Money=debt and vice-versa. And this "bail-out" ensures that we will all soon be able to return to consuming, borrowing and accumulating even more debt. It's all just a sham.Just for the hell of it, I'd like to pretend that the government doesn't intervene, and allows the supposed "free market" to fix itself, regardless of how long it takes. Maybe that's one necessary lesson we need to experience and learn something from.There's a really simple yet effective 45-minute animation that explains how we arrived at our modern-day system of currency. It's worth a look and can be found here: What Money Really Is
LMAO! I love you Jay Smooth! Nerd Voting for Nerd, 08!
I love Jay Smooth. Intelligence is sexy.
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