GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, January 4, 2014

Steve Keen about money and debt

Economists know especially why they do not have money and debt in their models as Steve Keen, Professor of Economics and Finance, University of Western Sydney. Or by incorporating it into an economic model private debt Keen knew in 2005 that a crisis was coming, the private debts were too high.


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