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Crash Course: Chapter 7 - Money Creation by Chris Martenson

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Published on Dec 29, 2008

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.

http://www.chrismartenson.com

PDF copy of Federal Reserve Comic:
http://www.scribd.com/doc/100657786/S...

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