In my campaign to save the world by spreading the word, I am quoting a passage from Life After The State (which I also quote in Bitcoin: the Future of Money?). It describes the way our modern system of money and banking (electronic, debt-based, fiat currency combined with fractional reserve lending) perniciously redistributes wealth from the many to the few:
How money and banking cause the wealth gap
How money and banking cause the wealth gap
How money and banking cause the wealth gap
In my campaign to save the world by spreading the word, I am quoting a passage from Life After The State (which I also quote in Bitcoin: the Future of Money?). It describes the way our modern system of money and banking (electronic, debt-based, fiat currency combined with fractional reserve lending) perniciously redistributes wealth from the many to the few: