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 »
Dear Correspondence & Enquiry Unit I found your letter to Mr X so interesting that I published it on http://publicdebts.org.uk As a mathematician and system analyst who used to diagnose high energy physics software at CERN, I trust my logic and analysis. Hence I would like to ask: 1. How much of the capital of [...]
Filed under: Uncategorized | Tagged: CERN, government debt, International Monetary Fund, national debt | Leave a Comment »
Getting letters from Officials is always interesting. This one is an anonymous response from public.enquiries AT hm-treasury.gov.uk and states: The National Debt is not owed by the public, but is owed by the Government. It is not Government policy to repay the national debt completely. Governments borrow in order to spread the capital of projects [...]
Filed under: Uncategorized | Tagged: Government, government debt, national debt, Policy | Leave a Comment »
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 [...]
Filed under: Currencies, Euro, Government debt, Nation States, National debt, Public debt, Sovereign debt | Tagged: Central bank, government debt | Leave a Comment »
Banks are buying US government debt paper. This is the answer provided by James Turk, editor of the Free Gold Money Report, in this article. James Turk is a key contributor to GATA, the Gold Anti-Trust Action Committee that watches the Fed and the manipulation of gold markets closely.
Filed under: Campaigning, Gold, Government debt | Tagged: Banks, Gold, government debt | Leave a Comment »
This article in the Australian Daily Telegraph yesterday is nicely coincidental, as I have decided to publish this blog in English, having launched the equivalent in German in November 2009. After all, the Bank for International Settlements (BIS) in Basel, Switzerland, is the central bank of all central banks. Furthermore, the European Central Bank (ECB) [...]
Filed under: Central Banks, Nation States | Tagged: Basel Bank for International Settlements, Central Banks, government debt, national debt, public debt, sovereign debt | 2 Comments »
