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Hide EU Currency Field into the IOU

Hide EU Currency Field into the IOU

Aug 6th, 2022

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How to Hide EU Currency Field into the IOU

5 out of 5

44 votes

The world monetary system can be summed up as "I O U" – it relies on the concept of debt. Banks, both central and commercial, do not lend existing money; instead, they create money by assigning it a number and charging interest on it. This system is described as fundamentally flawed and unjust, benefiting a small elite at the expense of the larger population. The presentation references the speaker's book, "The Great Gold and Silver Rush of the 21st Century," which explores these concepts further. It emphasizes that individuals provide the purchasing power in currency and underlines the reliance on faith in fiat currency as a medium of exchange. The content challenges how people view and engage with money.

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