Angry Robot

The truth is out: money is just an IOU, and the banks are rolling in it

More Graeber:

<blockquote>        <p>Back in the 1930s, Henry Ford is supposed to have remarked that it was a good thing that most Americans didn’t know how banking really works, because if they did, “there’d be a revolution before tomorrow morning”.</p>    </blockquote>
• March 19, 2014, 1:57 pm |