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EOM Ch. 11 Credit Clearing, the “UnMoney”
Manage episode 439831982 series 2861642
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The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Eleven: Credit Clearing, the “UnMoney”
Direct Clearing Among Buyers and Sellers
Buying and Selling on Credit
Clearing through Banks Versus Mutual Credit Clearing
Direct Credit Clearing Makes Conventional Money and Banking Obsolete
Mutual Credit Clearing Systems as Clearing Houses for Buyers and Sellers
Direct Credit Clearing—An Illustrative Example
Balance Limits and Settlement
Providing Surety of Contract
An Insurance Fraud
24 episoder
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