The Truth About Money, Banking, Loans and Credit Card
Wednesday, 30 May 2018
he Problem People are in debt, and their debt is rising faster than ever before. “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning” Henry Ford, founder Ford Motor Company “Each and every time a bank makes a loan, new bank credit is created-new deposits-brand new money” Graham F Towers, Governor, Bank of Canada 1934 -1954
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