1 Is it “Money” or is it “Credit”? What is the Difference? By Paul Grignon (moneyasdebt.net) Money is normally thought of as being very complicated. Itʼs no wonder, given how it is created today. So… letʼs start with the basic question. What is money? Specifically what is “cash”? Under our current system, the foundational form …
Month: December 2017
Where does Money Come From? By Paul Grignon, the creator of “Money as Debt”, the animated cartoon seen online by millions worldwide and available on DVD from moneyasdebt.net. This is a condensation of an article that may be downloaded from http://paulgrignon.netfirms.com/MoneyasDebt/Money_or_Credit.pdf The simple answer to the title question is DEBT. Whether paper cash or numbers on a …
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