Message:

<p>[QUOTE=&quot;rrholdout, post: 2915007, member: 89654&quot;]Sure, the bank never took those 2 grubby $50 bills you deposited and physically invested them somewhere carefully. Most on the forum understand money creation. But maybe 30/40 years ago the local bank only lent 1-2k on that $100 deposit whereas 10 years ago it got up to 10-20k. Don&#039;t know. But the money lent generally <i>did</i> go into growth in the local community and helped it thrive even if it was &#039;promise to pay&#039; upon &#039;promise to pay&#039; upon &#039;promise to pay&#039;. The account holder saw a risk and headache-free growth in savings. It is sort of a &#039;wonderful life&#039; with maximized standards of living achieved through monthly commitments. This is the endgame of any debt-model. </p><p><br /></p><p>There is a great deal of money &#039;traffic&#039; in that scenario to provide &#039;macro&#039; health yet still something in it for the individual to store and build upon. Balance is achievable, just as restoring faith in the dollar is achievable . . . the question is how.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in