TAG: dollar

The Secrets of the Banking System

Pao L. Chang – Today, banks don’t actually lend out real money, but instead lend out notes or checks that are backed by a promise to pay.

Bitcoin for Activists – What You Need to Know

Nathan Schneider, Waging Nonviolence Waking Times Among activists one often finds an aversion to even thinking about money. Associating it with the opponent — who has lots of it — they try to do without money themselves. Often, for as long as they can, they try to organize and resist without it, until burning out,

When the Dollar Dies…

Gregg Prescott, M.S., In5D Guest Waking Times How close are we to the collapse of the dollar and complete debt forgiveness? U.S. citizens will be the last to know that the dollar is worthless. Pluto entered Capricorn in 2008 and right on schedule, we saw the collapse of hundreds of banks.  Pluto stays in Capricorn until 2023

Fun Money Replaces Funny Money

Christina Sarich, Contributor Waking Times The bitcoin bittersweet disappointment that allowed hackers to devalue the latest Internet currency to nearly half its value in a day, after supporting the fallen Cyprus economy for months, raises the question… Is it a lottery? As the economic activity of ordinary people continues to get sucked into the black hole of

5 Crypto-Currencies You’ve Never Heard Of

J.P. Hicks, Contributing Writer Waking Times Since the theft of depositors in Cyprus, Bitcoin has reached amazing new heights in both popularity and value. Over a $1 billion of Bitcoins are now in circulation. People all over the world are beginning to realize the value of financial anonymity and the utility of using crypto-currencies. Peer-to-peer

Icelanders Force Accountability for Banks – Why Can’t We?

George Lakey, Contributor Waking Times Ever since Iceland’s economy collapsed in 2008, the country has been busy reinventing itself. The first step was to restore democracy through a turbulent nonviolent struggle, then to force resignations in the financial sector and secure a criminal conviction of their prime minister for dereliction of duty. Now they are