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The Fundamental Principle of Conservation of Physical Money: Its Violation and the GlobalFinancial System Collapse
Conservation of Money Fiat Money Commodity Money Gold Standard Fractional Banking Financial Derivatives Credit Default Swap Ponzi Scheme Iceland Crisis Greece Crisis
2013/2/23
Over the last two years the world has witnessed a financial tsunami that rocked the global financial systems. This paper presents the fundamental principle of conservation of physical money of the glo...