What’s so dishonest about our money system?

Let me count the ways:

1. “Credit” goes by as ‘money’ as if it was Cash.
2. Creating Cash is the monopoly and privilege of a Nation State.
3. Creating Credit is the monopoly of banks and central banks.
4. The Problems associated with ‘money’ are different, when 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.

1. While ‘creating money’ is the sovereignty of nation states, banks have expanded their ‘habit’ of creating Credit into ‘financial products’ such that their ‘money’ virtually represents all money in circulation (estimated to be 97%)
2. Honest Money is a challenge to banking in the day-to-day dealings of handling money as debt aka as credit
3. 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
4. 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.
5. The myth of Public Debts is perpetuated, without spelling out the beneficiaries.
6. 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.
7. Taxpayers are made to believe the system with 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.

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 is published in the US.

Related articles

• Dishonest Money questioned by Class Action Lawsuit Against the Federal Reserve (forumnews.wordpress.com)
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• Banks are ‘hounding borrowers to suicide’: High Court chief breaks silence to highlight crisis of personal debt (victims-unite.net)
• The Moral Hazard of Modern Banking: How Banks Create and Destroy Money (benzinga.com)
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