Ben on Fed

Damon Vrabel: Debunking Money Part 4 and 5

http://csper.wordpress.com/

In an attempt to layout what really drives the world rather than believing the false notion that 40-something fresh Ivy League grads serving as politicians have the power, these lessons further the Debunking Money narrative that debt-based hierarchical money = financial leverage = true power. Lesson 4 revisits the 20th century past to reconsider where we’ve been, and lesson 5 peers into the 21st century future for a clearer perspective on where we’re going. Huxley would like what he sees.

Damon Vrabel: Debunking Money Part 3

http://csper.wordpress.com/

What is the biggest source of power in the world? Lesson 1 discussed the issue of financial power, but for those who haven’t lived in the world of balance sheet power it may still seem like a vague theoretical notion.

After a short intro about the need to restore the authentic real world vs. the fake corporate PR world, this lesson digs into financial power in more detail, explains how you might think of it in terms of the power parents have over children, and then evaluates some of the popular solutions being discussed in the political realm:

- ending the fed
- cutting back on government in the interest of a “free market”
- putting the banks through bankruptcy.

UNDERSTANDING MODERN MONETARY SYSTEMS

http://pragcap.com/mmt-101

http://pragcap.com/n-y-fed-explains-government-spends-issues-bonds

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