Chapter 7 - Money Creation Economy, Energy, Environment » Crash Course
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Chapter 7 - Money Creation
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Economy, Energy, Environment » Crash Course 
Chapter 7 - Money Creation 
Crash Course Chapter 7 (Money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, "The process by which money is created is so simple, the mind is repelled." Dr. Martenson walks us through this simple process of fractional reserve banking. Click below for Chapter 8 - The Fed & Money Creation 
PeacefulWarrior 
2009-04-24 06:03:29 
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Chapter 7 - Money Creation Economy, Energy, Environment » Crash Course