Crash Course Chapter 7 (Money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” [...]
Pros and Cons of various banking systems. More on gold.
Duration : 0:14:8
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Technorati Tags: banking, fractional, gold, money, Reserve
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****UPDATE Feb 13th, 2008****
Follow the link to see that latest on the non-borrowed reserve numbers and Ben Bernanke aka Dr. Strangemath.
http://www.greenrushcapital.com/greenrush_dr_strangemath.pdf
****UPDATE Feb 4th, 2008****
Follow the link to see that latest on these amazing developments.
http://www.greenrushcapital.com/greenrush_fed2.pdf
US BANKING CRISIS? part 1
01/31/2008
by Jonah Ford, Senior Analyst for Greenrush Capital Management, LLC
Toll Free: 888-548-7874
DISCLAIMER — THE RISK OF LOSS IN [...]
Rep. Mark Kirk (R-IL) told Greta Van Sustern that China is investing away from the dollar. Kirk said that China has invested in an oil field this year and bought enough gold to fill up Fort Knox twice!
Duration : 0:3:29
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