
In today’s society, the three farmers have, for a while, experienced a period where the monetary base is growing enough to keep up with the debt that needs to be repaid. The problem is that available credit has dried up.
Let’s switch out that farmer with a home buyer today, but keep the farmer scenario present in thought as we move forward. This home owner receives a loan from a bank, which is now a liability for the ho [read the full story]


