• EOM Ch. 11 Credit Clearing, the “UnMoney”

  • Sep 14 2024
  • Length: 33 mins
  • Podcast

EOM Ch. 11 Credit Clearing, the “UnMoney”

  • Summary

  • www.beyondmoney.net

    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

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