Category Archives: Financial products

@ukhomeoffice @kaletsky Déjà vu: #Maastricht #Lisbon #Brexit: autocratic Central Banks control Governments who borrow money at interest

16 07 07 MaastrichtThis article was published by the Social Creditor in 1989.

It refers to Anatole Kaletsky writing in The Times and highlights the fundamental problems that have NOT been addressed since either:

  1. unelected Central Bankers rule by controlling currencies and their relative values;
  2. national governments BORROW at INTEREST from private bankers;
  3. government bonds are one of the financial tools that provide passive income.

As a consequence, money has long ceased to be a ‘medium of exchange‘ but has become a ‘tool to control‘ as part of everything that’s dishonest about our money system.

Financial markets and their customers have become clearly more influential than elections and their voters – in the general hype of the media, where the goal is deception just as in George Orwell’s 1984.  Continue reading

OVER 30 MPs debate #MoneyCreation and Society – #Cash vs #Credit – Governments vs #Banks

UK Parliament debated Money Creation and Society for first time in 170 years.  Here’s what they said – on this video – starting at 11:18:

London, 21st November 2014

On Thursday 20th November 2014 over 30 MPs took part in a debate in the House of Commons on money creation and society. This was the first time in 170 years, since the Bank Charter Act in 1844, that the topic has been fully debated.

 

Money creation affects almost every aspect of our lives, and is directly connected to almost all public policy, including public and private debt levels, house prices, and rising inequality, but it’s very poorly understood. A recent poll found that 7 out of 10 MPs believed that only the government can create money[1], when in fact 97% of money is created by banks as they make loans, as recently confirmed by the Bank of England[2]

 

MPs acknowledged the problem of their own lack of understanding of money creation [1]:

 

Peter Lilley MP stated that “A lot has been made of the ignorance of Members of Parliament of how money is created. I suspect that that ignorance…… explains many things, not least why we entered the financial crisis with a regulatory system that was so unprepared for a banking crisis.”

 

Zac Goldsmith MP was the first to admit at the debate that he does not fully understand the system, stating, “I suspect that most people here would be humble enough to recognise that the banking wizardry we are discussing is such a complex issue that very few people properly understand it.” Continue reading

2013 in review – as banksters rule the world with money as credit when it could also be interest-free

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.

 

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TOWARDS the 100th Anniversary of the Bradbury Pound – our 13th Early Day Motion!

English: HM Treasury Crest

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/

THE PEOPLE’s ASSEMBLY against Austerity: nearly 4,000 registered this Saturday Central London

13 06 21 AusterityThis is a remarkable event with a most necessary agenda: The People’s Assembly against Austerity.

And they don’t even know about the obvious solution, for people in general simply don’t understand the complexity – because ‘economics’ has been created to camouflage what bankers and central bankers are doing:

  • what money is: Cash and Credit
  • that bankers [who issue the Credit] determine what happens in an economy
  • that governments have ‘forgotten’ about their monopoly to issue Cash as interest-free money
  • that the budgets of governments always have a large component to pay ‘interest payments’

 

The solution is the Bradbury Pound that was issued 99 years ago as a precedent for what should have been happening ever since.

A campaign to bring back the Bradbury Pound for its 100th anniversary has begun.

WHY AUSTERITY? Let me count the reasons… [NOT in our interest!]

U.S. National Debt Additions

U.S. National Debt Additions (Photo credit: Wikipedia)

English: National Debt Graph

English: National Debt Graph (Photo credit: Wikipedia)

Argentine public debt, 1994–2004.

Argentine public debt, 1994–2004. (Photo credit: Wikipedia)

The excellent blog Political Cleanup is asking:

Why Austerity?

  1. The agenda of the global elite is to CONTROL
    1. People as well as the resources of the planet
  2. It rules by
    1. Controlling the currencies of nation states via central banks
    2. The central bank of central banks is the Basel International Bank of Settlements
  3. Money is a medium of exchange?
    1. Virtually all money is created as DEBT aka CREDIT
    2. Its main function is to pay INTEREST to the issuer
      1. i.      As ‘costs’ to banks
      2. ii.      shares to corporations
      3. iii.      dividends to shareholders
      4. iv.      rent to land / property owners
  4. Debt is legally enforceable
    1. i.e. money has become THE tool to CONTROL…
    2. digital footprints everywhere…
  5. Dishonest Money creates dishonest people
    1. The Rule of Law has been replaced by the Rule of Money
    2. Criminals rule aka anarchy…

Big sighs!

Continue reading

It’s Time to Fix Banking – a Petition in the Right Direction…

English: A crowd forms on Wall Street during t...

English: A crowd forms on Wall Street during the Bankers Panic of 1907. (Photo credit: Wikipedia)

It’s nice to see when ‘beginners’ in monetary reform tackle our systemic money problems, by tackling the banking issue. Here are the four simple demands that 38 Degrees have formulated in their petition It’s Time to Fix Banking:

Dear Banking Committee

Please hold the banks to account for the way they’ve behaved. The scandals need to stop. You need to make sure:

  • Banks put customers first, not bankers
  • There are tougher rules to keep banks in line
  • There are proper punishments for bankers who break them
  • It’s easier for us to move to a different bank when we want to.

But no banking regulation and no punishment of bankers will change

  • the Government’s dependence on public debts
  • the Government’s unwillingness to spend the Cash that it can print and mint into the economy
  • the Government’s willingness to bail out banks rather than businesses…

And thus we know better than ever: money rules the world, as created by banks, not in the spirit of the writers of the Bank of England Act 1694 though!