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RE: The Reality of Interest Rates and the Economy

in LeoFinancelast year

I guess that makes sense. Although I don't think countries can just add money to their books with just a snap of their finger.

I check the blog out a bit, and looked him up. He is an interesting fellow to say the least. His views and posts are not the usual type compared to what is in popular media. I did notice that he was convicted felon.

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LOL if you knew how NY courts worked, you would see why.

He pissed the bankers off.

Countries add money through making loans. That is how the money supply increases under fractional reserve lending.