Bailouts, stimulus packages, debt piled upon debt — Where will it all end?
How did Americans get into a situation where there has never been more material wealth and productivity, and yet everyone is in debt to bankers? And in 2008, all of a sudden, how was it that the bankers had no money, and the taxpayers had to rescue them by going even further into debt?
“Money as Debt II: Promises Unleashed” explores the baffling, fraudulent and destructive arithmetic of the money system.
