Humanist Community in Silicon Valley Sunday Forum: Money - Understanding the US Monetary System and the Present Financial State of our Economy

Humanist Community member Martin Squibbs will recap - from his Nov. 13, 2011 Forum talk - his discussion of money as a measure of exchanged human value and an estimate of real wealth.  He will then seek to explain as simply as possible how the U.S. economy operates, based upon its fiat banking system, and review some of its 20th century history, in order to put its highly unbalanced state today in an historical perspective. Finally, he will consider the possible future paths it may follow to regain its balance, and some precautions we may ourselves consider in order to be prepared for such possibilities.