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The Guernsey Experiment
(O.&J.Grubiak)

$ 8.80 each
    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. Description “Gernsey Experiment” shows the contrast between bankruptcy and prosperity, between n ...Read more


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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

Description

“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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