Is money really just an IOU (I Owe You)?

It’s been often explained that when banks make a loan, they are basically creating money. Many people still think that money is created backed with some type of asset that has value, but the reality is that the current financial environment we live on is very different. In fact, there’s really no limit on how …

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Still don’t get bitcoin?

Jonny Chieng, a stand-up correspondent on The Daily Show give us a very funny video of his countless hours talking to experts about bitcoin and cryptocurrency while trying to put all the pieces of the puzzle together 🙂 It’s not easy to start understanding bitcoin and this cryptocurrency world but don’t miss this opportunity to enjoy …

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Why the banking system is a scam

During a European Parliament debate about single supervisory mechanism for the banking union, Godfrey Bloom former UKIP Member of the European Parliament (MEP), clearly explains why the current banking and monetary system is a truly a scam for the tax payers. Godfrey Bloom is a libertarian author with many books published on both military history & Austrian School Economics. Often considered as a …

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