Are we in danger

[Rebel1]

Originally Posted by Aussie Mike

I'm more worried about the banks than global warming.

I've been doing a bit of reading on the history of world banking lately and it's very disturbing.

Mike, After you finish reading about the evolution, the degree of control, and the greed of banks, you should then read how Governments pull the wool over all our eyes.

Notice I said Governments and not polititians because most pollies do not really understand how the economy of a nation with a sovereign currency actually works.

Start here, from a fellow petrol head :
http://moslereconomics.com/wp-conten...oints/7DIF.pdf

Make sure you read the whole thing.

[NASSTY]

Originally Posted by Rebel1

Mike, After you finish reading about the evolution, the degree of control, and the greed of banks, you should then read how Governments pull the wool over all our eyes.

Notice I said Governments and not polititians because most pollies do not really understand how the economy of a nation with a sovereign currency actually works.

Start here, from a fellow petrol head :
http://moslereconomics.com/wp-conten...oints/7DIF.pdf

Make sure you read the whole thing.

Wow, couldn't put the book down until I finished it!!
If only i had him as my macro ecomonics lecturer at uni.
Thanks Uncle Les

[Rebel1]

Originally Posted by NASSTY

If only i had him as my macro ecomonics lecturer at uni. Thanks Uncle Les

Sure is Uncle Al.
However, If one was to extend ones education in Economics, then one would prefer to study under this fellow.

Centre of Full Employment and Equity (CofFEE) - University of Newcastle

A great personal friend of Warren Mosler and is the Bill Mitchell Warren mentions in his book.

Professor Mitchell maintains a blog that I read every day without fail.
Bill Mitchell – billy blog | Modern Monetary Theory … alternative economic thinking

Mind you, they have totally ruined my acceptance of any thing said by any politician.