View Full Version : money as debt
teknobucks
02-11-2009, 01:15 AM
http://www.youtube.com/watch?v=ThXpjmfyiMQ
justbizness45
02-11-2009, 03:20 AM
Nice vid tekno. Good beginning education. Do you every read Karl Denniger? He thinks US banks are leveraged as high as 40-50 to one vice 9 to 1. He also thinks euro banks are even worse 60-80 to 1.
XL-entLady
02-11-2009, 12:29 PM
Great video! Especially since we went off the gold standard, money is just an idea that we've all agreed to believe in.
Lady
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