Rent & mortgage boycott to save the economy
tony at cultureshop.org.uk
Thu May 2 01:19:52 BST 2013
If everybody boycotted the banks & stopped paying back their
mortgages the economy would begin to recover again?
An important point about our current system: since money is debt,
getting out of debt (fancy term: deleveraging) shrinks the economy.
How money gets destroyed (new video)
Wed, 13th Mar 2013
by Positive Money
Remember how new money is created when a bank makes a loan? Well,
when someone repays the loan, the opposite process happens, and money
is actually destroyed. It effectively disappears from the economy entirely.
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Fear not therefore: for there is nothing covered that shall not be
revealed; and nothing hid that shall not be made known. What I tell
you in darkness, that speak ye in the light and what ye hear in the
ear, that preach ye upon the housetops. Matthew 10:26-27
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