For the newbies here, with Love!Submitted by FoxCreek on Fri, 08/14/2009 - 22:38
Essential primer on U.S. money.
Most citizens aren't aware that every dollar that comes into existence does so as a dollar of debt because the entire money supply of the United States is no longer backed by gold or silver, but DEBT. Is it any wonder we are now in a "credit crises"? We now live in a nation so overwhelmed by public and private debt, it will be impossible to pay it all off.
Video version (59 min) http://video.google.com/videoplay?docid=5232639329002339531