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tip If there are no loans (debt); there will be no money. Banks do not lend money, they actually create money everytime someone signs a loan contract. More insights into the corrupt banking system in a very informative 5 part documentary/presentation "Money as Debt"
 
 

Posted by razano on 26.01.2009
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Posted on 26.01.2009
 
 
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Posted by Salma on 15.02.2009
 

This is how it works only in the US. The rest of the world has to put reserves of foreign currency or gold to back up their currency.