Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Something that costs banks a lot of effort to create ex nihilo, justifying the charging of interest for its use.

Now seriously, money is the ability to mobilize economic resources, including mobilising oneself. Banks, by being given the ability to create money and award credit, get to decide who gets to do what they want, and who doesn't.

Bush is a symptom, not the disease.

by Carrie (migeru at eurotrib dot com) on Fri May 11th, 2007 at 10:53:17 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series