Here is an interview by Iranian Press TV with Michael Burns, an American economist. While he doesn’t answer the questions particularly well, at least the gist of what he’s saying is that money is created from nothing and sold for “interest” that the Fed didn’t solve the ‘crisis’ in 2008 that the American people were [...]
Filed under: Central Banks, Credit creation, Economics, Federal Reserve, Government debt, Money as Debt, National debt, Public debt, Sovereign debt | 7 Comments »
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’ [...]
Filed under: 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 | 1 Comment »
This is a great article with an interesting string of comments, written by an entrepreneur who calls a spade a spade. It’s part of the remarkable work of The Cobden Centre which stands for honest money and social progress!!! I came across it thanks to Steve Baker MP who supports Douglas Carswell MP in his [...]
Filed under: Banks, Central Banks, Credit creation, Economics, Government budgets, Government debt, Money as Debt, National debt, Public debt, Sovereign debt | Tagged: Douglas Carswell, Douglas Carswell MP, national debt, Steve Baker | Leave a Comment »
This GATA article is a remarkable summary of the madness that has resulted from bankers going berserk in their greed and need for power and control: Goldman can “print money” faster than the European Central Bank – by using credit default swaps. These were invented by J.P.Morgan in the early 1990s. So governments are not [...]
Filed under: Banks, Central Banks, Economics, European Central Bank, GDP, Government budgets, Government debt, Monetary inflation, Money as Debt | Tagged: credit default swap, Goldman | Leave a Comment »
This article shows the New World Order and its player, the Bank for International Settlement (BIS), in action: bankrupting states so that the invisible governments of central banks and banks can use ‘financial products’ and ‘monetary aggregates’ to control the real world and the real economy. In the name of freedom, democracy and law and [...]
Filed under: Bank for International Settlements, Banks, Central Banks, Economics, Government budgets, Government debt, Nation States, National debt, Public debt, Sovereign debt, Uncategorized | Tagged: nation states, public debts, sovereignty | Leave a Comment »
The Robin Hood Tax campaign is a great initiative to attract attention to the mortal embrace between bankers and politicians and the imbalance between excessive funds in the financial industry, compared with chronically dwindling public funds. The organisers are currently collecting images for the next public action. Here‘s the one for the Forum for Stable [...]
Filed under: Robin Hood Tax | Tagged: Robin Hood Tax | 2 Comments »
Thanks to William Shepherd: In David DeGraw’s study of the true state of the USA entitled The Economic Elite vs. The People of the United States of America, he argues that the American middle class is being eliminated by a rapacious economic elite, who make up just one percent of the population and represent nobody [...]
Filed under: Economics | Tagged: economic elite, USA | Leave a Comment »
I am clearly still not sufficiently cynical: as one of the founding organisations of the Robin Hood Tax I’ve done my best to promote it and am watching the Yes / No vote on their site. Hence I was amazed to see the increase of NOs and appreciated the way that those at the helm [...]
Filed under: Robin Hood Tax | Tagged: ARD, Daily Telegraph, Goldman Sachs, Italy, Robin Hood Tax, Tagesschau, vote riggning | Leave a Comment »
The Robin Hood Tax is the UK version of the Tobin Tax which was at the beginning of ATTAC in France ten years ago. As an anti-poverty campaign, it is more pragmatic than the economic theories of Tobin Tax definitions or the political demands of the Attac network. Supported by a coalition of 48 organisations, [...]
Filed under: Economics, Robin Hood Tax | Tagged: Robin Hood Tax | Leave a Comment »
Growth, GDP, inflation and other economic terms need to be demystified, if we want to enter an age of economic enlightenment. This includes questioning economics as a social or soft science altogether. We are not alone in this. See – in chronological order: Questioning Economic Development is a collection of papers presented at The Other [...]
Filed under: Economics, GDP, Growth, Inflation, Monetary inflation, Price inflation | Tagged: Economics, exponential growth, GDP, Growth, monetary inflation, price inflation | Leave a Comment »
