Yesterday the banks took definite control and power of Europe and Sarkozy and Merkel know it. Never I have seen …
economics
Europe’s one trillion bail out
The European Union (EU) creates a $1 trillion fund to help Greece and other European countries in need. What does this …
Saving the banks again, not Greece
The European Union provides 110 billion to Greece. I read in the newspaper that if they don't Greece may go bankrupt. Is …
The effects of money creation, inflation 3 of 6
We have seen in the previous two chapters that the money supply increases in two ways: 1: central banks print money and …
What are the consequences of money lending? 2 of 6
Banks earn money with various activities such as currency exchange rates, and advice to businesses, but mainly by …
Who makes money and how is it made? 1 of 6
"Mama who makes our money?" asks little Wally. "I do not know exactly Wally, but I will investigate this for you. " Mom, …
