167 DSR – Spending Money Into Existence

June 26, 2014 — Leave a comment

every-time-you-spend-money

Fact: When you “borrow” money from a bank, the bank doesn’t have the money. You are literally creating the money when you sign the Promissory Note. And they’ve convinced you to pay back your money PLUS interest. What does this mean to you?


Tammy from AK replied: “Well if the devil danced in empty pockets, he’d have a ball in mine. Makes me ambivalent.”

Resources:
You’re Broke Because You Want to Be – Larry Winget
wealthmoney.org “Achieving economic freedom and prosperity by spending not lending all new money into circulation. Spend Em! Don’t Lend Em!

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greg [at] debtshepherd [dot] com

Debt Shepherd 2014, All Rights Reserved

Greg Whitaker

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Greg is a financial wellness educator, tireless ambassador for financial literacy, and the founder of Debt Shepherd.

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