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To: Real Man who wrote (414440)4/11/2011 10:17:50 AM
From: Jeff Jordan  Respond to of 436258
 
In the USA 100% of the money supply is created by the private banks. All this money is created as a debt by the banks bears a charge of interest . It is created when people borrow money, as banks do not lend existing money; they just create new money out of thin air to lend. This means that the economy is a saddled with a debt that can never be paid off, merely passed around

Real wealth is the goods and services that people create for each other. Money is merely a means of exchange.

China, Booyah.......Google Earth the chinese countryside and you will see nothing but new construction.....it's a big place. We've built that country!<g>
LOL, Someday, We will travel from New York to Beijing in 2hrs in vacuum tubes...all our commodities will be transported that way without the need of crude oil.

The chinese are simply uniting with one mind because they understand the origins of their transformation.
...We the Peoples Republic of America, Do not.....To Be, or Not To be<g>
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