Sunday, December 25, 2011

@20:14, 12/24/11 2

The world is very depressing. 
Austerity will cure nothing.
Most of the powers in the world believe that money is and should be real.
Most of money is credit.  Credit is just a number on a spread sheet. 
All banks change those numbers by making loans.
Confidence is fiction. Things run by risk and reward.

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I must sleep.


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