Gary Varvel by Gary Varvel

Gary VarvelNo Zoom

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  1. vhammon

    vhammon said, over 6 years ago

    A fractional reserve monetary system REQUIRES debt. Private banks have the power to create money out of thin air to loan –to the government, to business, to you. That is how the supply of money grows in our economy.

    It’s not the government spending that enslaves us; it’s the ability of the private banking sector to create money out of thin air and then charge us interest on it that keeps us enslaved.

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