Debit vs Money

I'm often asked by my clients how to magically eliminate debt. There are tons of ways you can reduce debt. Lower credit card interest rates, pay for big ticket items with cash instead of credit, but I found the best way to eliminate debt is to understand it. Just understanding how money works can help you understand debt... Do you know how or why money was created in the first place? How much money actually exists in the world? And if the world has so much debit how can it ever be paid?...

Part One: The establishment of the "Banking System"



Next, Part Two: How your bank makes money from nothing.