It’s too bad that most people don’t appreciate the significance of the national debt. In view of the visualization that simply illustrates the HUGE number of dollars, let me repeat my essential points here: Governments always had the right to mint their coins and print their notes In 1694, the Bank of England was established [...]
Filed under: Central Banks | Tagged: Bank of England, Economic, Finance, Government, government debt, Tax, United States, United States public debt | 5 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 »
