Pap Spencer – Tribute To Nelson Mandela

, “For every mark issued, we reieurqd the equivalent of a mark’s worth of work done, or goods produced.” The government paid workers in Certificates. Workers spent those Certificates on other goods and services, thus creating more jobs for more people. In this way the German people climbed out of the crushing debt imposed on them by the international bankers.Within two years, the unemployment problem in Germany had been solved, and Germany was back on its feet. It had a solid, stable currency, with no debt, and no inflation, at a time when millions of people in the United States and other Western countries controlled by international bankers were still out of work. Within five years, Germany went from the poorest nation in Europe to the richest.Germany even managed to restore foreign trade, despite the international bankers’ denial of foreign credit to Germany, and despite the global boycott. Germany succeeded in this by exchanging equipment and commodities directly with other countries, using a barter system that cut the private bankers out of the picture. Germany flourished, since barter eliminates national debt and trade deficits. Today Venezuela does the same thing today when it trades oil for commodities, plus medical help, and so on.