Internet Music Now

Internet Music Now

More disruptive for the music industry than Skype was for the telecoms.
Jan 17 '15
Show me the money! Part 1...
You cannot, because your money does not exist

More than 97% of all the money in the economy exists as bank deposits – and banks create these deposits simply by making loans.

From the time when the Bank of England was formed in 1694, it took over 300 years for banks to create the first trillion pounds. It took them only 8 years to create the second trillion.

This i
Show me the money! Part 1...
You cannot, because your money does not exist

More than 97% of all the money in the economy exists as bank deposits – and banks create these deposits simply by making loans.

From the time when the Bank of England was formed in 1694, it took over 300 years for banks to create the first trillion pounds. It took them only 8 years to create the second trillion.

This informative video explains in 2 minutes youtu.be/b6_SLwReMqo
Featured in an article from the people at Positive money: (www.positivemoney.org/how-money-works/proof-that-banks-create-money/)

My epiphany: Music as an alternative currency? Exchangeable into £, $ and € and to be used as payment.
Owned and controlled by the creators of music.

I will over the next articles go through everything leading up to Internet Music Now, where we are today and what the future brings. So please follow this space!
more