Par Anthony Philbin le 18 juin 2009
The principles by which all western financial institutions are currently operated permit them to loan vast sums of money that they don’tactually have. This disconnect between reality and currency is a necessary evil if you posit that a growing economy is a healthy economy, but when the rules that control just how much the banks can pull out of their magic hats become lax or under-applied, there are some very real implications both for the health of society and the freedom of its borrowers...
