Debt: The First 5000 Years by David GROEBEL

[David Merrill]

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,

[Noah]

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?

[David Merrill]

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.

[shikamaru]

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.