Daily Prep

100 Ways to Conserve Water

A long list of ideas to help you save water
Monday, July 16, 2012, 8:27 PM

Learn about different ways to help conserve this valuable natural resource and help you save your valuable monetary resources. 


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1 Comment

censign's picture
Status: Member (Offline)
Joined: Apr 21 2010
Posts: 1
Question regarding debt based money

I understand the concept of debt based money.  In that every time debt is issued, money is created.  And every time debt is repaid, money is extinguished.  

My question is if the above is true, then why is there more debt in the system than money.  My understanding is US. Debt is around $50 trillion and M3 is less than $22 trillion.

I appreciate your answer to this question.


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