J. C. Lyons

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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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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.

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