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EP70 Art Brock & Ferananda Ibarra on Currencies

The Jim Rutt Show

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The History of Mutual Credit Money

The Fed stopped publishing M3 in 2006 because it was seemingly growing at 16% a year and the economist said that's impossible right. Money creation using very strange mechanism called rehypopication of collateral where collateral could be used more than once in the insides of the banking system. The amount of derivation the amount of derivative money that we have happening on top of the base money issuance is shameful, says Alan Greenspan.

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