Rent & mortgage boycott to save the economy

Tony Gosling tony at
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.

+44 (0)7786 952037
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

More information about the Diggers350 mailing list