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Scott Whitehead's avatar

"In my next article, I'll explain how "money" is created out of thin air and the system makes us all debt-slaves, whether we have any personal debt or not."

Yup, as Chris Martensen has said (its not original but he's the first I heard it from),"all money is loaned into existence". That's a rather revolting revelation, ugh.

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JM's avatar

It is true--and rather revolting, indeed. It's the ultimate Ponzi Scheme.

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Mar 28, 2023
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JM's avatar

Haha! I wish that ETF were around in 2008, but it only launched this month. Glad you got a laugh out of this piece. Wanted to lighten things up a bit, while still staying on topic.

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JM's avatar

PS -- I saw you upgraded your subscription. Thanks so much! Glad you're still part of the conversation, despite me leaving Medium.

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