Tag Archives: The Corbett Report – Complementary Currencies: A Beginner’ s Guide

James Corbett – The Corbett Report – Complementary Currencies: A Beginner’ s Guide – 4 April 2013

JamesCorbett4By James Corbett
GRTV.ca
April 3, 2013

link to podcast

Recent events in the EU have taught many a hard lesson: that the Euros or Dollars or Yen or Pesos in your bank account are only as secure as the bank that is holding them. In fact, the lesson is deeper than that. That the money in your bank account is not cash at all, not pieces of paper sitting in a bank vault waiting for you to withdraw them, but mere digital ones and zeros in the bank’s database, capable of being subtracted from your account at a moment’s notice, or even less. Cash that is not in your hand, it turns out, is not cash at all. Continue reading