J. C. Lyons

J. C. Lyons Articles

Money, Debt & Gold
By J. C. Lyons - September 17, 1999
Money & Debt What is Money? Today's money is debt, If there is no debt, There is no money, In order to increase the money supply, There must be an increase in debt.
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The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.

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