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Money As Debt
Good Saturday Morning;
I am off on my morning run; now up to 2.25 miles on my way to being able to run a 5 K in June. Then I will be off working on building a play structure with other volunteers at our church. Does part of your tithing involve giving of your talents to the Lord for things that will further His kingdom? Just a thought. I have lots of personal projects and recreation I would probably have as much or more fun doing, but seeing those kids using the playground at church will pay dividends for years into the future.
I don’t have a Saturday cartoon per se, but if you take the time to watch this great video you will understand a lot about money and why the events are happening in Greece, Spain and the EU this week and why they will soon reach the United States.
The following video is not really a cartoon but in 48 minutes you will learn the answer to the questions that very few people in the World understand.
- What is Money?
- Where does it come from?
- How Does Banking Work Today?
- What is fractional banking?
- What does the sign in the bank mean when it says; “backed by the full faith and confidence of the Citizens of the U.S.”?
Money as Debt
A great primer for anyone from 12 to 100!
The expansion of $100 through fractional-reserve banking with varying reserve requirements. Each curve approaches a limit. This limit is the value that the money multiplier calculates. (Photo credit: Wikipedia)
Have a great day!
Regular Joe
Related articles
- 2-minute Pulitzer-winner video: ‘Austerity’ a debt/death spiral for fools (truth11.com)
- Evolution beyond Money: Money as Debt part III (forumnews.wordpress.com)
- Has The Greek Bank Run Started? (zerohedge.com)
- The Bible and Personal Loan Debt (loans.org)
- A Link Between Energy, The Greek Debt Crisis, JP Morgan’s Losses, And A Fire Hydrant (fuelfix.com)
Reflections on a disaster area
For those of you who have followed along, you may have noted that I spent some time working Disaster Recovery for FEMA. Now, before I begin I want to say that prior to the Katrina Disaster (which was actually a Levy issue, not a hurricane issue) FEMA was a actually out to help people. I personally feel (purely MY opinion) that after that disaster so many changes were made and red tape increased to where the only people who benefit from it now are those skilled in “using” the system.
A Good Reason To Give Thanks! by Gene McGuire January 28, 2012
“Fear not for I am with you; be not dismayed, for I am your God; I will strengthen you, yes I will help you, I will uphold you with My righteous right hand.” (Isaiah 41:10)
COMMENT: Can you count the number of times in God’s Word where He warns us against fearing things? I believe God is hammering home this theme for our protection.
