About

Once upon a time, there was an age of enlightenment, when reason was advocated as the primary source and legitimacy for authority, as described by Wikipedia.

Nowadays, the net and the web offer us a tool of enlightenment that has become sorely necessary:

  • Neither politicians nor journalists understand the importance of national or public debts, while all global data gathering institutions use public debt as a major indicator
  • Money and currencies are mystified by financial and economic institutions
  • The gap between rich and poor is widening not only within countries, but also between nation states
  • The financial power of nation states has been replaced by the budgets of so-called multinational companies
  • The Rule of Law has been replaced by lawyers making their own rules.

As individuals can’t get justice, how can the public interest be defended by law, rules or regulations?

This blog is my attempt to enlighten by educating – about the most heinous and most effective mechanism used and abused by central banks and finance ministries globally:

The first national debt was established with the Bank of England Act 1694.

If money was created honestly, honest money would create honest people.

However, since it is being created as debt aka credit, in the name of the people of a nation, the people could take an interest, if only they had the relevant information, all in one place, to make up their own minds and be more enlightened than before.

The most important point is that “debt money” is the major source of the money supply and that the “public debt” is the most effective mechanism to feed into the money supply.

I have studied the problem as a mathematician and system analyst formerly at CERN, since 1998, when I began to organise the Forum for Stable Currencies at the House of Lords in London.

Now I find myself being more effective on the web than in Westminster.

11 responses to “About

  1. Good work – Have just caught up with your site after surfing through Robin Hood articles. I will be keeping track of your site.

    A small group of us in New Zealand have been promoting a Financial Transaction tax since 1985, when our then Labour Government was moving to introduce a Goods & services Tax ( Similar to VAT). It’s great to see a similar concept at your end of the world get some traction.

    Another site of interest: http://www.democrats.org.nz

  2. Thanks, John,

    I definitely think that Robin Hood’s time has come, given the ‘crisis’ and thus attitude to bankers.

    To “rebrand” Tobin as Robin Hood and turn it into an awareness and fund raising exercise, is a great opportunity, methinks.

  3. A small group of us in New Zealand have been promoting a Financial Transaction tax since 1985, when our then Labour Government was moving to introduce a Goods & services Tax ( Similar to VAT). It’s great to see a similar concept at your end of the world get some traction.
    +1

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