Money as Debt.

Gang,

If you really want to know why our economy is tanking, as the supply of loans and credit dries up, please watch this film.

This is such an important subject, I also recommend that you send this movie to a friend.

It's called: Money as Debt.

It goes into detail about our fiat monetary, fractional reserve banking system, and why we are now Trillions of dollars in the hole!

I do take issue with some of the proposed solutions presented here, such as the total banning of interest rates, or its total rejection of commodity based (gold and silver) solutions. And I am also leery of the idea that the currency of choice should be completely in the control of the government, instead of it being accepted or rejected in a free market, where educated individuals make the millions and billions of individual choices that determine what really is money.

However, it does a commendable job explaining why our economy really is based on a house of cards.

When you get done with this film, please visit the Mises Institute. The Austrian school of economics deals with the behaviors of real people, and advocates real monetary solutions.

And after that: please visit Wide Eye Cinema.

There is a lot of food for thought here. Take a minute, check it out, and hear the other side of the story. And as always:

BE VERY CAREFUL ABOUT WHO OR WHAT YOU INVITE INTO YOUR HEAD.

Toku.