Posted: Mar 27, 2013 4:20 pm
I've been meaning to make a post about these guys since reading this thread last year.
http://www.rationalskepticism.org/news- ... 31210.html
Positive Money believe commercial banks create money from thin air and as a result force the whole world into some kind of inescapable debt-slavery.
http://www.positivemoney.org/
Does anyone here understand (central) banking enough to explain if this is accurate or not? My crank detector is bleeping, but I don't really know enough about this to say for sure.
The main guy here, Ben Dyson, made it onto BBC Radio 4 late last year.
Note: The internet is full of people who claim to understand just how banking works. If anyone here is going to make such a claim, at least give me a reason to believe you.
http://www.rationalskepticism.org/news- ... 31210.html
Positive Money believe commercial banks create money from thin air and as a result force the whole world into some kind of inescapable debt-slavery.
http://www.positivemoney.org/
Does anyone here understand (central) banking enough to explain if this is accurate or not? My crank detector is bleeping, but I don't really know enough about this to say for sure.
The main guy here, Ben Dyson, made it onto BBC Radio 4 late last year.
Note: The internet is full of people who claim to understand just how banking works. If anyone here is going to make such a claim, at least give me a reason to believe you.