Jason Erb discusses the history of the monetary system, credit default swaps, debt based currency and compound interest. Jason explains how the currency system is run by belief, confidence and control of information.
Tag: monetary reform
To John Wayles Eppes [son-in-law, at the time Chairman of the Committee of Ways and Means of the House of Representatives, 13th Congress] Monticello, June 24, 1813 If treasury bills are emitted on a tax appropriated for their redemption in fifteen years, and (to insure preference in the first moments of competition) bearing an interest of six per cent. there… Continue reading "Thomas Jefferson: Paper is Poverty?"