Running low

By plouh

Let there be money

It's amazing how easy it was for Wall Street to ruin the economies of the world. All it took has some funny money and schemes involving loans, lot's of them, to people that can't afford them. And some imaginary funny money.

Now all we need is some fiat money to fix the debts.

My wife has kept a blog about her thoughts related to financial crisis and environmental issues. Too bad it's in finnish but should you understand the language, pay a visit.


*] Fiat Lux is latin and stands for let there be light. Fiat money is used to refer money that central banks create from void to compensate deflation or to pay off debts that are in own currency.

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