What’s so dishonest about our money system?

Let me count the ways:

  1. National Governments:
    • borrow according to “Public Borrowing Spending Requirements” (PSBR) and pay interest.
    • Instead, they could issue interest-free Cash into the economy.
    • While ‘creating money’ is the sovereignty of nation states, banks have expanded their ‘habit’ of creating Credit and turning it into ‘financial products’ such that their ‘money’ virtually represents all money in circulation (estimated to be 97%, whereas, in the UK, it used to be 53% at the end of WWII).
    • Governments are supposed to either borrow or tax as their income stream, when, in reality, they should create interest-free Cash (or Green Credit) rather than allow banks to create interest-bearing Credit ad infinitum.
    • For governments to borrow AND to tax is an affront and insult to taxpayers. They should simply create interest-free Cash to spend it into the economy.
    • Taxpayers are made to believe a system of annual budgets, while long term trends show the realities of
      • inflation of prices
      • inflated credit supplies
      • and the continuous growth of Governmental interest payments on national debts.
  2. Central Banks:
    • pose as national banks, when, in reality, they are privately owned, albeit well disguised. See Bank of England Nominees.
    • manipulate gold and currencies internationally – always for the benefit of the ‘financial economy’ and the detriment of the ‘real economy’.
  3. Banks:
    • create Credit from thin air
    • dare to ‘sell’ it for ‘interest’
    • invent ‘financial products’, when they could provide an honest service.
  4. The Camouflage of What Bankers are doing through Teaching Economics:
    • Credit created by banks (and other financial institutions) from thin air, is turned into Cash, as if there was no difference.
    • Creating Cash is the monopoly and privilege of a Nation State.
    • Creating Credit is the monopoly of banks, central banks and other financial institutions.
    • Nobody creates the interest charged for Credit.
  5. General:
    • The problems associated with ‘money’ depend on whether we talk about it as
      • Cash in our pockets
      • Credit in our bank accounts
      • the Budget of a government
      •  or as the currency of a Nation where Central Banks are the global players.
    • Honest Money is a challenge to banking in the day-to-day dealings of handling money as debt aka as credit
    • We the People are all victims, since Central Bankers have been ruling, since the Bank of England was established in 1694 – albeit with the intention of avoiding the oppression of Their Majesties’ Subjects – which is why we ask for the Enforcement of the Bank of England Act 1694.
    • The myth of Public Debts and their necessity is perpetuated, without spelling out the beneficiaries, teaching the damages or generally being open and transparent.
    • In the UK, the deadly embrace between The City of banksters and Westminster of civil servants and politicians ensures that HM Partnership reigns with immunity to prosecution.
  6. As a result, ‘money’ is ‘toxic’.
  • Healthy ‘mutual credit‘ would enable the flow of goods and skills through society.
  • Healthy money would be like healthy blood in a body and clean water in nature: enabling and enriching.
  • Instead, the issuing of ‘credit’ without issuing the interest required, ‘toxic money’ is oppressive, restrictive and controlling.

If only banks were made responsible or accountable, they could not expand their control, while politicians are already in their pockets.

But, they are entrusted with ‘self-regulation’, just as the legal profession which is equally derailed.

The dishonesty of money is, however, being challenged by the class action of Americans who are suing The Fed.

The book Dishonest Money, published in the US, explains the same principles.

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  5. [...] Norman Scarth fought World War II for have gradually been sold out by the increasing influence of dishonest money which breeds dishonest behaviour and dishonest [...]

  6. [...] Jean James in Canada. To me, as an analyst of Anglo-Saxon capitalism that has institutionalied dishonest money, it does point out how dishonest people are bred and used by the Establishment that created the [...]

    • From this article, I am supposed to believe that “greenbacks” issued by governments are not “debt” or “credit”? When the U.S. Supreme Court (erroneously) upheld the constitutionality of the Civil War “Greenbacks”, it did so on the basis that they were a form of “borrowing”, or the issuance of public “credit”. They certainly were “debt” instruments, as they could (and were intended to) be set off against debts citizens owed the government. But just as certainly they were not “sound money”.​

  7. [...] the police will be corrupt as long as we allow for and endure dishonest money as the ‘tool’ that allows for [...]

  8. [...] what I realised, too, the more I moved from analysing our dishonest money system into the world of victims of white collar [...]

  9. [...] what about those who foster this greed and materialism because they put dishonest money into circulation? [...]

  10. [...] says in ‘journalese’ what I’ve been saying my way, based on the analysis of our dishonest money, the way it has become institutionalised: a tool to control us, the ‘clients of global [...]

  11. [...] Rule of Law, espcially in 'authorities' and 'respectable organisations'. But when dishonest money is in circulation, what can you expect? Actually, most people are born with a conscience. So one [...]

  12. [...] private central and other banksters have already ‘emasculated’ all nation states by the Rule of (dishonest) Money [...]

  13. [...] Is this the essence of the adversarial system? Or have things only become that badly, because the whole financial system has become so bad? Wikipedia writes that "justice is done when the most effective adversary is [...]

  14. [...] is more relevant than Bill Moyer’s. But people have a hard time getting to the essence of what money is and who creates it – for what purpose… Share [...]

  15. [...] But William Finnerty didn’t write about the reasons for the ‘puppet’ quality in governments. That’s what I did in what’s so dishonest about our money system? [...]

  16. [...] “money” differs widely between the US and the UK. But neither ultimately appreciate the dishonesty of turning credit from thin air [bank generated at a price] into cash [government generated [...]

  17. [...] of course, perfectly unnecessary, unless one follows one’s paymaster… But that’s another of my areas of [...]

  18. [...] live the kind of anarchy created by lawlessness of the elite who  base their power on dishonest money and positions in institutions that don’t live up to their remit… Share [...]

  19. [...] Designing an Employee Performance Management System!Money as Debt also known as Credit [...]

  20. [...] said it over 200 years ago: Where there is no publicity, there is no justice. I’m afraid that dishonest money has led to a LOT of criminal behaviour among those who are supposed to be public [...]

  21. [...] You may consider that “The Solution is in the Machine” and that “The Code is the Law” and that regulation does not improve or change people’s behaviour. However, fear brings the worst out of people, especially the fear of losing their job in times where unemployment gets higher and higher. And thus we are back to the issues of the Forum for Stable Currencies or what is dishonest about our money system… [...]

  22. [...] asked about gold – after all, it’s supposedly NOT made from thin air – as all ‘credit money‘ created by [...]

  23. [...] have to distinguish between the lack of Enforcement of the Bank of England Act 1694 and the dishonesty of our money system as the CAUSE and their EFFECTS: white collar crimes and their victims, or as Maurice Kirk puts it: [...]

  24. [...] started Victims Unite because it seemed necessary to separate monetary causes from their effects: victims of financial exploitation and legal [...]

  25. [...] and the creation of 'money from thin air' is beyond anybody's scrutiny. What's dishonest about our money system is equally beyond scrutiny. In fact, the public interest doesn't seem to be at the heart of [...]

  26. [...] Brute Force as in this stealing of a house from an 82-year-old lady? Let's not even think about what's dishonest about our money system!… Filed under: hmp cardiff, HM Bristol, authorities, rule of law, violence, brute force [...]

  27. It is completely scary. Cash is but a promissory note for exchange for something that may or may not be there. Better get bartering goods and services before the whole thing blows up in our faces! Thanks for explaining so clearly and so well.

  28. [...] I feel helpless and powerless, because I can’t raise the funding necessary to advance my innovative software methods – while knowing how dishonest our money system is. [...]

  29. [...] being a Charade. I always like to add how Economics is a Camouflage what banksters are doing with money as debt aka Credit and central bankers with Public Debts for Vested Interest [...]

  30. [...] the ease with which ‘money’ is created as debt should be kept separate from controlling a nation’s money [...]

  31. [...] What’s so dishonest about our money system is necessary to wake up intellectually. [...]

  32. [...] I see what’s dishonest with our money system, what I put together on these money sites, as the cause and victims of white collar crimes as the [...]

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  34. [...] more and more people see through and know about what’s dishonest about our money system; [...]

  35. […] System Analyst, Money as Debt aka Credit […]

  36. […] my analysis of what’s so dishonest about our money system (as the cause) and white collar crimes (as the effect), I am particularly horrified by the most […]

  37. […] creation of ‘money’ from thin air, selling it at ‘interest’ to governments and get them to charge […]

  38. […] may not see through what’s dishonest about our money system. But they do […]

  39. […] the Government needs to admit to what is dishonest about our money system […]

  40. […] the Government needs to admit to what is dishonest about our money system […]

  41. […] article that says in ‘journalese’ what I’ve been saying my way, based on the analysis of our dishonest money, the way it has become institutionalised: a tool to control us, the ‘clients of global […]

  42. […] the UK were to benefit, thanks to its ‘special relationship’ with the US!?… But dishonest money breeds dishonest people and dishonest behaviour, also or maybe even especially in the higher […]

  43. […] I do wish Ben understood that changing Parliament would mean ‘same circus, different clowns’, as long as we don’t change the ‘quality’ of money issued as debt… […]

  44. […] a good new video that illustrates the mathematical power of compounding interest upon interest in a debt-based money system: A flaw in the monetary […]

  45. […] in London since 1981 has exposed me not only to our system of creating dishonest money from thin air and charging interest for it, but also to very sad systems of people who are paid […]

  46. […] to ‘run’ the economy – which it hardly does, compared with the effect of money as debt. […]

  47. […] politics enter the discussions, when, really, it’s all about understanding the creation of money as debt,  money from thin air and the devastating effect of compounding interest upon interest as a flaw […]

  48. […] Lincoln’s ‘greenback’ – the sane, honest and healthy alternative to the dishonest credit produced by banks from thin […]

  49. […] rather change the money system than make money.  My husband used to say it takes money to make a […]

  50. […] the Bedroom Tax – how taxing with dishonest money is the State’s financial […]

  51. […] and money: ‘treasury money’ rather than ‘bank money’ – to control the people via dishonest money. […]

  52. […] aspects of what’s dishonest with our money system take place at different organisational […]

  53. […] aspects of what’s dishonest with our money system take place at different organisational […]

  54. […] system’ uses dishonest money to pay people to ‘just do their job’. It makes use […]

  55. […] of ‘professionals’ that ultimately can only exist because they employ dishonest people fed by dishonest money, to put it mildly. Filthy Britain's Malevolent Masons is another blogger's […]

  56. […] Searching YouTube for her name gives you this list of videos. So she now confirms what we’ve been going on about since the late nineties: the money supply of a country that leads to what’s so dishonest about our money system… […]

  57. […] Litigants in Person are as much a nuisance for that public money machinery as are McKenzie Friends. They must be taught lessons, some policy makers seem to have decided while doing their job and to keep the Oppression of the British people going – with the public gravy train of a dishonest money system… […]

  58. […] that the ultimate cause of all institutional ills is what’s so dishonest with our money system, it’s now been suggested to start a petition against D-notices which were invented in war […]

  59. […] Moral, ethics and justice are long gone out of the window, as hardly anybody appreciates what’s dishonest about our money system. […]

  60. Reblogged this on Methusalada and commented:

  61. […] will the Treasury enforce the Bank of England Act 1694? is my question to stop what is dishonest with our money system – as the poisoned blood that is being made to flow through […]

  62. […] need be, use the Bradbury Pound, but how dishonest money leads to criminal behaviour is the subject of another […]

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