Saturday, October 30, 2010

Time for a new theory of money
Ellen Brown, Yes! Magazine 
 
By understanding that money is simply credit, we unleash it as a powerful tool for our communities. The reason our financial system has routinely gotten into trouble, with periodic waves of depression like the one we’re battling now, may be due to a flawed perception not just of the roles of banking and credit but of the nature of money itself.

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