Forget the monetarists and the Keynesians, money is magic.
Most of us remember from when we were very young, being told by our parents that money does not grow on trees. No it doesn't, if you are a banker the stuff is even more magic that that. Anyone who knows how to do the trick can pull money out of the air. It is known as the Fractional Reserve Banking trick and it beats pulling a rabbit out of a hat any day. Ian Thorpe describes how it is done at Scribd.com - a better site for reading long documents.
The Debt Threat To Our Way Of Life
The Second Wave Of The Debt Tsunami or The Coming Of The New World Order
The Folly of World View Theorists From The Left And Right
A Dickensian Christmas Gift: Mister Micawber's Economic Wisdom
Smoke and Mirrors Blur Inflation Statistics
Eurogeddon Postponed Termporarily Due To Financal Conjuring Tricks
UN Panel Says Redesign The World Economy For Sustainability
You've Got To Love The Craziness Of The Financial Crisis
Marxism: The Main Cause Of Poverty And Inequality
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