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The Guernsey Experiment

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It is a study of a 19th century essay in monetary reform. Guernsey lit the torch of freedom from debt 130 years ago that has lead the world in commonsense finance.

Veritas Books: The Guernsey Experiment O.J.Grubiak


“Gernsey Experiment” shows the contrast between bankruptcy and prosperity, between negligible taxation and legalized robbery – in a word, between Guernsey and Britain.The flaw is in money creation. Guernsey creates its own money as a CREDIT, while the so called nationalized Bank of England creates money as a DEBT.

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