In this video excerpt from the Casey Summit When Money Dies, Rich Dad advisor Mike Maloney explains how currency is created, "fractional reserve banking," and why our banking system is a pyramid scam of epic proportions.
Life as we know it is taking a dramatic turn. This blog is an aggregation of various news sources relating to the US and World Economics and Politics. NO, this is not the end of the world, but rather a time when we should be preparing our families & our budgets for a good belt tightening. Get ready, here it comes:
Wednesday, October 26, 2011
Our banking system is a pyramid scam of epic proportions
By Tyler Durden
In this video excerpt from the Casey Summit When Money Dies, Rich Dad advisor Mike Maloney explains how currency is created, "fractional reserve banking," and why our banking system is a pyramid scam of epic proportions.
http://www.zerohedge.com/news/michael-maloney-we-pay-tax-privilege-have-currency
In this video excerpt from the Casey Summit When Money Dies, Rich Dad advisor Mike Maloney explains how currency is created, "fractional reserve banking," and why our banking system is a pyramid scam of epic proportions.
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