This 5-page article was written by James Gibb Stuart who passed away after 93 years of a life filled with passion for monetary reform.
His book The Money Bomb made such an impact on the City’s establishment that it was banned from WH Smith’s windows after a positive review in the Evening Standard…
With ‘social media’ we have a new chance to make the Bradbury happen and abolish the national debt in the process:
Posted in Bank of England, Banks, Bradbury Pound, Campaigning, Cash, Central Banks, City of London, Credit creation, Debt Management Office, Government budgets, Government debt, Money, Money as Debt, National debt, Public debt, Sovereign debt, United Kingdom
Tagged Bradbury, Credit (finance), government debt, James Gibb Stuart, Money Bomb, Ray Bradbury, United States Treasury security, White-collar crime
This seven-minute video shows better than any other medium how devastating the effect of compounding interest upon interest is.
The trouble is that, by now, brainwashing (rather than education) has been so successful that everybody thinks ‘money’ must be borrowed. At interest. Nobody asks where the interest is supposed to come from.
And there is a big difference whether
- you and I borrow for our personal or small business needs (little money)
- whether banks and central banks borrow (making money out of money aka usury)
- and whether the Government borrows ‘big’ money
- for its own needs
- the provision of public services
- the compensation for shortcomings provided by public officials
- to ‘run’ the economy – which it hardly does, compared with the effect of money as debt.
Yes, it’s about ‘big’ money and ‘little’ money, and it’s about long and short time frames. That’s what the video shows!
‘Austerity cuts’ are far from necessary. But The Bradbury Pound is not known, since it is not taught by any economist. For the bank(st)ers do their best to camouflage what they are doing: create money from thin air and charge interest for it.
The big question is: why do all politicians seem to fall for this ‘trick’ such it has been beautifully institutionalised into the Debt Management Office?
The history of the national debt is published here. But who benefits is not published, i.e. the recipients of interest payments!
Posted in Banks, Central Banks, City of London, Compound Interest, Credit creation, Debt Management Office, Government budgets, Government debt, Money as Debt, National debt, Public debt, United Kingdom
Tagged Business, Central bank, Directories, Federal Reserve System, Finance, Government, Interest, Monetary policy
Are enough people waking up to make a difference like this cartoonist? Click on the image to enlarge it.
Central banks create “money” from thin air, call it quantitative easing, sell it as “public debts” or “treasury bonds” to get interest payments, and people are in awe of fancy papers and words they don’t understand.
Banks do the same, while talking about “financial products”…
And governments? They play along and betray their tax payers. That’s why the Treasury gets staffed with Bilderberg attendees.
Institutions live longer than people. They follow the money to employ people. In 1694, the Bank of England was the second central bank after the Swedish Rijksbank 30 years earlier…
Same circus, different clowns!…
Posted in Banks, Campaigning, Central Banks, City of London, Credit creation, European Central Bank, Federal Reserve, Government debt, Money as Debt, Nation States, National debt, Public debt
Tagged Central bank, Government, Quantitative easing
Here’s my Santa Letter that I put here. Will you add yours?
Dear Bank of England,
For Christmas, it would REALLY be nice if ALL of your employees were invited to remember how you were created in 1694: the Bank of England Act foresaw a punishment for TRADING, to avoid the SUPPRESSION of Their Majesties’ subjects, at TREBLE the value of the trade. See http://bit.ly/fgU3Ps
Hence my biggest wish is that you stop selling ‘bonds’ or any other papers or currencies to the Treasury as “public debt”, only for us the taxpayers to pay interest every year, in every budget, no matter who’s in government.
My next biggest wish is that you stop listening to the Fed, the IMF and any other American economists or bankers. Think your own thoughts! And think about what is good for the people in the UK and not just the global financial elite. Could you please put your allegiance where it is supposed to be, and not with whoever wines and dines you best?
And then I do wish that you supervise all banks propoerly, for self-regulation does NOT work. With the internet it’s easy now. Get proper statistics together! Just as everybody gets hit and hurt when ZERO is reached in an account, so please hit and hurt your fellow bank(st)ers:
- when there is too much Credit and not enough Cash in the money supply
- when short, medium AND long-term inflation figures become unacceptable
- when banks get bailed out WITHOUT victims of financial exploitation and legal oppression being compensated for white collar crimes committed by people in your institutions.
What a lovely 2011 it would become!!!…
Yours gratefully in advance,
Organiser, Forum for Stable Currencies
Web Publisher, Victims Unite!
Posted in Banks, Campaigning, City of London, Currencies, Economics, Federal Reserve, Inflation, International Monetary Fund, Monetary inflation, Price inflation
Tagged Bank of England, Federal Reserve System, IMF, International Monetary Fund, Money supply
This speech (an hommage to the City!) refers to sovereign debts, the budget deficit and the new government’s intention to restructure supervision and regulation.
It means re-shuffling a few people, creating a few new Committees and generally more and more centralisation of power – away from the state – towards the “independent” Bank of England.
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