English: The expansion of $100 through fractional-reserve lending at varying rates. (Photo credit: Wikipedia)
The writers of the Bank of England Act 1694 had the intention
to avoid the serious oppression of Their Majesties’ subjects.
Hence they didn’t allow the Corporation to trade. Should it trade after all, it would have to pay as punishment:
treble the value of the trade.
In theory, this means that the BoE would have to pay the Treasury treble the value of all national and public debt bonds!
Will MPs appreciate this when they debate ‘money creation and society’ this Thursday as part of Backbench Business?
See http://www.positivemoney.org/2014/11/uk-parliament-debate-money-creation-first-time-170-years/ , including the link to watching the debate live on http://www.parliamentlive.tv/Main/Home.aspx .
Further info at
Posted in Bank of England, Cash, Creation of Money, Credit, Legalized Usury, Money, Money supply, Money Supply, Money supply inflation, Treasury money
Tagged Associated Press, Dow Jones Industrial Average, Eastern Time Zone, European Central Bank, NASDAQ, New York City, S&P 500, Standard & Poor's, United States Department of the Treasury, United States Treasury security
Margrit Kennedy wrote Interest and Inflation Free Money, Creating an Exchange Medium that Works for Everybody and Protects the Earth in 1987. She addressed the Forum for Stable Currencies many years ago.
„A feeble attempt would call it the feeling of being warmly embraced, deeply comforted, dearly cherished, profoundly appreciated, genuinely treasured, softly nurtured, profoundly understood, completely forgiven, wholly absolved, long awaited, happily welcomed, totally honored, joyously celebrated, absolutely protected, instantly perfected, and unconditionally loved
– all at once. Releasing without the slightest hesitation or regret any and all sense, of individual selfhood, the soul moves into the Light.”
Home with God – In a Life That Never Ends,
Neale Donald Walsch, p.227
Posted in Inflation, Interest, Money
Tagged Bitcoin, Declan Kennedy, Education, God, Inflation Free Money, Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth, Kassel, Margrit Kennedy, Neale Donald Walsch, Office for National Statistics, University of Hanover
The WordPress.com stats helper monkeys prepared a 2013 annual report for this blog.
Here’s an excerpt:
The concert hall at the Sydney Opera House holds 2,700 people. This blog was viewed about 8,700 times in 2013. If it were a concert at Sydney Opera House, it would take about 3 sold-out performances for that many people to see it.
Click here to see the complete report.
Posted in Bank money, Banks, Financial products, Government money, Money, Treasury money
Tagged Annual report, List of concert halls, Oceania, Publishers, Sydney Opera House, Tools, WordPress, WordPress.com
English: HM Treasury Crest (Photo credit: Wikipedia)
This Early Day Motion is the 13th in our close to annual attempts of reminding Parliament that ‘treasury money‘ is the better way than accepting the slavery imposed by ‘bank money‘.
The text reads:
That this House notes that the hundredth anniversary of the Bradbury Pound on 7 August 2014 is a welcome reminder of the historic precedent for public credit as the sound basis for debt-and interest-free Treasury money and therefore the sound alternative to the national debt and interest-bearing bank money; congratulates the Forum for Stable Currencies for having promoted the public credit since 2002; and urges HM Treasury to follow John Bradbury’s model and address social, economic and political issues across party lines in one fell swoop and avoid wholly unnecessary austerity cuts.
Given the scandal about the falsification of crime statistics by the Police and the three court hearings that illustrate how our ‘child protection’ system is an international scandal, I’d like to add:
The 100th Anniversary of the Bradbury Pound coincides with the centenary of World War I. Re-visiting history will be enlightening on many levels!
The list of EDMs since 2002 is on http://www.forumforstablecurrencies.org.uk/
Posted in Austerity, Banks, Bradbury Pound, Financial products, Government debt, Money, Money Supply
Tagged Bradbury Pound, Demand deposit, early day motion, Forum for Stable Currencies, Government debt, HM Treasury, John Bradbury, White-collar crime
This 48-page booklet (1981) and this 200-page book (1986) are as fundamental as The Money Bomb (1983) – and as true and relevant today as there and then – if you want to understand how ‘money’ has changed from being a ‘medium of exchange’ to being used as a ‘tool for control’!
The title says it all: Government Debt and Credit Creation!
Posted in Austerity, Bank of England, Blind spots, Bradbury Pound, Cash, Creation of Money, Credit, Credit Creation, Debt, Economics, Government debt, Legalized Usury, Money, Money supply, Money Supply, National Debts, Public Debts
Tagged Bradbury Pound, Central bank, early day motion, Government debt, HM Treasury, Money Bomb, Money creation, Thomas Paine
I shouldn’t be asking the question: which side are you on: Rothschild (City) or Treasury (Westminster)? For the current Treasurer trained in Rothschild banks, as I once read, but can’t find any reference any more…
A lot of us believe that it would be nice if Parliament became an ethical outfit in 2015 and knew what the real issues are:
This is therefore an important email from Justin Walker (firstname.lastname@example.org), the Coordinator for the Restore the Bradbury Pound Campaign:
Sorry, but I’ve been doing a lot of quiet thinking/research in the last couple of weeks. Dangerous I know! But I would be grateful if you could spread this email out far and wide to get this very important information out, especially as the world will be looking in detail at this period of history next year.
Now I have one big question-mark about the actual 1914 story of the debt-free, HM Treasury-issued Bradbury Pound which has been nagging at me ever since I was first alerted to this little known episode in our country’s history. It has nothing whatsoever to do with the concept and the principle of a sovereign nation issuing its own debt-free currency based on that nation’s credit. We all know that the restoration of the Bradbury Pound is our lifeline and trump card to a more sane and prosperous future free from the criminal bankers.
No, the question which is bothering me is WHY did Lloyd George cave in so easily to the bankers by phasing out the issuance of debt-free treasury money in favour of going back to agreeing to debt-creating loans from the private bankers? What did they have on him which made him cave in so easily to their demands? Was he frightened? Possibly. Was he being blackmailed for his well known penchant and weakness for young women? Again possibly. Or was he a part of the game and a ‘sleeper’ for the Rothschild Zionist ambitions for a Jewish ‘homeland’ state in Palestine along with the whole ‘Illuminati‘ satanic globalist approach and agenda to international affairs? Well, in my opinion, it’s a very real possibility. In Lloyd George’s war memoirs concerning his actions as Chancellor of the Exchequer, he emphasises that he had an historic disagreement with Lord Rothschild. On page 104 he writes: Continue reading
Posted in Bradbury Pound, Campaigning, Illuminati, Money, Money Supply, National Debts, public debts, Public Debts, Taxes, War, World War I
Tagged Bradbury, Bradbury Pound, David Lloyd George, HM Treasury, HMS Hampshire, Rothschild, Winston Churchill, Zionism