The Guernsey Experiment: Is It an Effective Solution for Eliminating Debt Slavery? — Stillness in the Storm

(Pao Chang) Thanks to Stephen for telling me about the Guernsey Experiment.The Guernsey Experiment was a financial experiment done by the States of Guernsey in the early 1800s to raise fund for improving the public market and reducing the debt of Guernsey. Instead of borrowing money from private banks, the Committee proposed that the States of…

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