Tag Archives: Central bank

A FLAW in the Monetary System?

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
  1. for its own needs
  2. the provision of public services
  3. the compensation for shortcomings provided by public officials
  4. 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!

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Central banks + banks + governments = same circus, different clowns!?…

Analogy of the bank bailoutAre 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!…

2011 – The year when money starts to die

This article can be found on Finance and Economics, the website of ecnomist and former banker Alasdair Macleod.

However, his quote “Zero interest rate represents the most serious mispricing of money. It does not contribute to producing the savings industry requires for recovery.” indicates that he sees “money” only as a product.

I refer to his article here mainly to illustrate the “games” central bankers play

  • with governments – through “government bonds
  • the value of money – through “freshly created paper money
  • the price of gold and silver – through price suppression schemes that GATA has been pointing out for years.

Alasdair Macleod predicts the “death” of money, by comparing with history in the 18th century. I shall not join him in predictions. But I do hope that the current trends will NOT continue!

Money from Thin Air – Explained a in 3 Minute Video

This video is a good summary of the essence of

  • money created from thin air – as national debts
  • the impossibility of paying back national debts
  • the farcical games that governments and central banks make us want to believe.

One of the problems seems to be that people don’t think “currency”, but “money”.

Another problem is that the few who know run the risk of being murdered when they know too much. See Christopher Story’s story.