Does anyone have a "document" that explains how a 1k loan adds 10k to the money supply?Submitted by go213mph on Wed, 02/13/2013 - 19:41
I understand how it works and I have several excellent videos on the topic but the guy I was trying to explain it to today kept insisting I was wrong. (I must not have done a very good job explaining it and/or he just couldn't grasp it)
Anyway, this guy reads EVERYTHING I print out and give him. He's in his mid 60's and is slowly waking up. He lives out in the woods where he gets charged by the minute for internet service so he never watches videos I email him.
If anyone has a document or a link to one that I could print out and give to him, I'd appreciate it.