Money as Debt Update

Our friend Paul Grignon sent us the message below. As I learned a lot about our economy from his animated series “Money As Debt” , I recommend this update, too.
With kind regards,
Uli Spalthoff
February 5, 2013
My peer-reviewed paper explaining my analysis is published online by the World Economics Association.
Anyone can comment until Feb. 25.
The UPDATE is available at
• I provide a THOROUGH response
to Mike Montagne’s online smear campaign against me
(and just about every prominent money reformer you can think of).
• I address the ever-so-common “shortage of money to pay interest” fallacy again.
 • I challenge Mike’s claim of having an “irrefutable proof”
The UPDATE is available at
Paul Grignon

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