Money as debt

December 19, 2011 by
Filed under: Bankruptcy 

Give a listen to the CBC Current’s David Michael Lamb and his interview with Satyajut Das, the Australian author of Extreme Money. The interview is called, The “financialization of the world: Satyajit Das.

Listen (Opens in a new window)

After listening, you may well come to agree that:

  • Bankers are indeed alchemists.
  • Money as debt is a marketable commodity. No, not comedy. Commodity.
  • To make money you need two things: debt and risk.
  • Most economy’s are dependant on repackaged debt.
  • Banks the governments are in bed together.

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