This version finally cuts several bogus quotes
which have festered in the monetary reform literature for decades.
The world economy is doomed to spiral downwards until we do 2 things:
1. outlaw government borrowing
2. outlaw fractional reserve lending
Banks should only be allowed to lend out money they actually have
and nations do not have to run up a “National Debt”.
Remember: It’s not what backs the money,
it’s who controls its quantity.[youtube]swkq2E8mswI[/youtube]