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The truth is out: money is just an IOU

6 points| route66 | 12 years ago |theguardian.com

2 comments

order

route66|12 years ago

The BoE document linked in the text: http://www.bankofengland.co.uk/publications/Documents/quarte... ("Money creation in the modern economy")

JetSpiegel|12 years ago

It's a mystery how writing about such an interesting theme can be so dry and witless. Good lord, it's like eating cardboard.

Donning my tinfoil hat for a moment, I can only conclude that this is made on purpose so that the vast majority of the public can be manipulated with all the crap we see on TV.