Did you know...The modern banking system manufactures money out of nothing?

Question

http://www.webofdebt.com/articles/dollar-deception.php

Answer 1

You have made a good start in learing how the world REALLY works. I suggest you read "The Informed Investor" (Frank Armstrong III) next = one of the most important subjects you need to learn about is how to manage your own Finances.

Your school teachers either havn't a clue (or still have their heads filled with nonsensical "Socialist" dogma from the 60's) = they all have 'Government Guaranteed' (i.e. paid for by the Tax Payer) Final Salary Pension schemes so will be laughing all the way to the bank when they Retire ... in the mean while they fill you head with PC and Global Warming crap (so you don't realise exactly who will be paying for their Pensions == yes, its YOU !)

... and since I would guess your parents are up to their ears in Credit Card Debt, you will have to learn for yourself.

Don't choose to be POOR through IGNORANCE

Answer 2

Yes i know. That is quite bad the cost of living keep getting higher and the security thinner. No health insurance nothing. Before a whole family could live on a single salary and these days it can be difficult on 2 salaries.

Also we participate in t he bank creation of money. When we use credit card what we use is money that does not exist and we use that money to pay so we create money. These days a big amount of the money does not even exist and is only number on a screen

Answer 3

Thats right. its called fiat money. Money that is not backed by anything other than the faith of the people that it worth something. Credit is how they do it.

Answer 4

Yes. (Richard Nixon abandoned the Gold Standard a long long time ago)

Answer 5

no kidding, where have you been?