Venture Creditism and Capitalism - Richard Duncan #5502

Highlights: -The past few days on Wall Street have been brutal, but this has been in store for months -There are disruptions to the supply chain and lower standards of living in many countries -His new book, The Money Revolution, took him 4 years to finish; he re-wrote certain chapters and added other ones in the process of seeing how things panned out -The book talks about the history of money, the history of credit, and the lessons we can learn from these histories to make policy recommendations -With creditism, the growth dynamic in our economy is based on credit creation; it must have credit growth to survive -We discuss “the future” and why a large-scale Investment Program is urgently required -Every generation is responsible for solving the problems it creates/inherits

Useful Links: Financial Survival Network Richard Duncan