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May 25, 2008

"We have been living for a long time under the belief that we need to create scarcity to create value. Although that is valid in some material domains, we extrapolate it to other domains where it may not be valid." --Bernard Lietaer

Mystery of Money Creation

The world's money system is in need of an overhaul. A system created to facilitate economic transactions is now creating economic tragedies. In this article, James Burges strips the academic verbage to uncover the mystery of money creation.

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