Wednesday, September 17, 2008

M...O...N...E...Y

We each take home our paychecks, figure our budgets, give some to charity, pay our bills, eat our food and heat our homes. What if tomorrow it was gone? Instead of a devastating hurricane of wind and water knocking out power for weeks, we had a typhon of play money. Your paycheck was worthless, no money for mortgage, or food, or fuel, or family. What's your backup plan?

Jedimomma's blog shares some insight into the current problem with money.

Paul Grignon's 47 minute animated presentation of "Money As Debt" tells in very simple and effective graphic terms what money is...
(Google MONEY AS DEBT to watch the video from video.google.com)

For current details of today's financial situation see Automatic Earth.

Certainly the Beast of Empire grows more rapidly every day.

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