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 -- tor-talk mailing list - tor-talk@lists.torproject.org To unsubscribe or change other settings go to https://lists.torproject.org/cgi-bin/mailman/listinfo/tor-talk