By Tom on 1/26/2010 8:33 AM

Ellen Brown, who seems to be everywhere all at onecet writes today on how Canada came to fund healthcare with a public bank. The model was the island of Guernsey over there in the English Channel, and it was the cows that figured out how. She also explains the recent onset of degradation of the Canadian system, itself most interesting. Anyway, while musing over what she wrote one could not help recalling all the stuff that William Greider and Tom Greco and that genius Bernard Lietaer have written on the nature of money. All of a sudden it clicked: money other than specie money is simply trust that you will be compensated for something you have done or transferred. Funny, I've read that a dozen times but this nth time it had a clicking sound with it. Here is the click version of saying that money is trust:  In order to get something beyond your means accomplished, you organize a group of people to do it. Then the  arrangement by which those people get compensated is money. Money is trust. The clicking sound got...

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