shanehigginbottom.com

 
Critics of fractional reserve banking usually argue that the banking system “creates money out of nothing”, requires someone else to go into debt in order for any new money to be created, and debases the means of exchange. The insight that banks “create money by extending loans” is not new, and the subject is covered [...]

The fractional reserve banking system scam
In economics, particularly in financial economics, fractional-reserve banking is the near-universal practice of banks of retaining only a fraction of their deposits to satisfy demands for withdrawals, lending the remainder at interest to obtain income that can be used to pay interest to depositors and provide profits for the banks’ [...]

Have you ever wondered why the Queen is still on Canadian money? Better yet have you wondered why we don’t just print our own money?.
To understand this you need a little re-fresher from your history books.

The Americans fought the British from 1776-1781 to break free from the corruption and control of their central bank (the [...]

lately if you’ve been hanging around here for any amount of time you’ve probably come to the conclusion that Ive been writing about money and debt and the Canadian financial system.
WHY you ask, well mostly because I think it is very important to understand where and how you and I and everyone else gets our [...]

There’s been a lot of talk and hype surrounding the events of the sept us CRASH and how it might or might not effect the world economies as a whole.
It comes as no surprise really to any of you who have their eyes open, just how corrupt the American Govt is and has been for [...]

Save Energy and Money Today
9 Tips to Save Energy Today

Set your thermostat comfortably low in the winter and comfortably high in the summer. Install a programmable thermostat that is compatible with your heating system.
Use compact fluorescent light bulbs.
Air dry dishes instead of using your dishwasher’s drying cycle.
Turn off your computer and monitor when not in [...]

How To Stop Drafts and Save On Energy Bills
Imagine leaving a window open all winter long — the heat loss, cold drafts and wasted energy! If your home has a folding pull-down attic stair, a whole house fan, a fireplace or clothes dryer, that may be just what is occurring in your home every day.
Drafts [...]

Understanding the Time Value of Money
Sooner or later, like myself you’re going to come to the conclusion that money is THE MOST IMPORTANT thing in life. Go ahead and argue it if you like but you know it’s true. You cant eat your morals nor can you feed them to your hungry children. So it [...]