King of the Paupers: How banks create money

TURMEL: An engineering analysis by John Turmel using simple plumbing to show the financial flows in the creation of money by banks. Banking on earth as it is in heaven.

Category:

News & Politics

Tags:

• john turmel
• banking
• anti-usury
• interest
• LETS
• time
• standard
• of
• money

[debtcalculator]

the recording quality is not very good, but in this case, and everything is clear

[kingofthepaupers]

Jct: Good. I'm proud to be the first to plot the blueprint from the tap the drain with pipes.

[SuperKing613]

@kingofthepaupers you teached in ottawa?

[kingofthepaupers]

@SuperKing613 you teach in ottawa?

Jct; I was the Teaching Assistant of the Mathematics of Gambling Course at Carleton under Professor Walter Schneider.

[TomaszWinnicki]

"The hardware is identical, inflation must be a software problem."

BRILLIANT PHRASE!!!

Do you know if there exists a good internet based usury free monetary software?

[kingofthepaupers]

I used "The hardware is identical, inflation must be a software problem" to explain the problem to the Dragons' Den. All said community currency couldn't work and threw me out in 10 minutes. I told them to put their money where their mouth was and when none could, I laughed that the King of the Dragons had made them all back down.

"Do you know if there exists a good internet based usury free monetary software"

Jct: Lots but i'm not sure what's best.

[freedplanet]

John, this is brilliant. Hope that many can cope with such contradicting truths. It needs some flexibility to admit that the basics of our present economic systems are a sham.

[aaronlovespot]

this was in my email. how did you know me or what ? i am lost sorry.