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Thread: Debt: The First 5000 Years by David GROEBEL

  1. #1

    Debt: The First 5000 Years by David GROEBEL

    This Bill of Exchange came to mind when I heard somebody seriously speaking of Global Jubilee.

    One valid description of Jubilee is by the Club de Paris.



    ...an informal group of official creditors,

  2. #2
    Noah
    Guest
    Fascinating. Hey, can I use that BOE to pay my mortgage? I mean ... the bank easily created some Fed Reserve credit for me, how hard is it to create some virtual money to payoff a mortgage?
    Last edited by Noah; 01-11-12 at 10:14 PM.

  3. #3
    Quote Originally Posted by Noah View Post
    Fascinating. Hey, can I use that BOE to pay my mortgage? I mean ... the bank easily created some Fed Reserve credit for me, how hard is it to create some virtual money to payoff a mortgage?


    I don't think so. It is inverted money. Money as we know it is debt. Sovereign debt of governments and the BoE is wealth/energy.


    Last edited by David Merrill; 01-12-12 at 12:18 AM.

  4. #4
    Quote Originally Posted by Noah View Post
    Fascinating. Hey, can I use that BOE to pay my mortgage? I mean ... the bank easily created some Fed Reserve credit for me, how hard is it to create some virtual money to payoff a mortgage?
    If you don't do business with a thief, you'll never be stolen from.

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