http://www.simondixon.org/what-is-a-debt-based-monetary-system/2009/02/02/ Monetary Reform and Banking & Finance Sat, 04 Sep 2010 22:48:23 +0100 http://wordpress.org/?v=2.8.5 hourly 1 http://www.simondixon.org/what-is-a-debt-based-monetary-system/2009/02/02/comment-page-1/#comment-4666 Robert Searle Tue, 30 Mar 2010 09:27:24 +0000 http://www.simondixon.org/?p=57#comment-4666 Yes, virtually all money is ELECTRONIC DATA transmitted from one bank account to another. This is central to my Transfinancial Economics Project. However, people do not like to think of their money as merely electronic digits tapped out on a computer. This is understandable to a certain extent...and ofcourse anything can act as money as it is only a medium of exchnage at the end of the day.... Yes, virtually all money is ELECTRONIC DATA transmitted from one bank account to another. This is central to my Transfinancial Economics Project. However, people do not like to think of their money as merely electronic digits tapped out on a computer. This is understandable to a certain extent…and ofcourse anything can act as money as it is only a medium of exchnage at the end of the day….

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