What’s so dishonest about our money system?

Let me count the ways: Banks create Credit from thin air and dare to ‘sell’ it for ‘interest’, when they could provide an honest service. Governments borrow and pay interest and dare to charge us taxes, when they could issue interest-free Cash into the economy. “Credit” created by banks (and other financial institutions) from thin [...]

Five Alternatives to the Federal Reserve: why the sun will still rise without the Federal Reserve system

This article is a neat summary of alternatives to ‘debt based’ money, created ‘from thin air’, and unscrupulously ‘sold’ as ‘money’, as if it were Cash, minted by Nation States, when, in fact, it comes from private bank(st)ers.  

Issuing Money: a ‘Unique’ Form of ‘Terrorism’!?

The New York SUN has published an interesting Editorial on March 20, 2011:A ‘Unique’ Form for ‘Terrorism’, comparing Bernard von NotHaus who has been coining the Liberty Dollar (site removed due to Court Order!) with Ben Bernanke the boss of the Federal Reserve. Von Nothaus wanted to bring our monetary system on trial. Now the [...]

The best 3-minute video on the “creation of money” from thin air

Perfectly brilliant animated video: on a British site as “Plan B” for the British economy suggesting to cut bonuses and benefits to bankers.. Too much common sense!…

Mervyn King: prevent fractional reserve banking to address the divergence between private benefits and social costs

On Monday, 25 October 2010, Mervyn King, the Governor of the Bank of England, gave this 25-page speech in New York City, at The Buttonwood Gathering: Fixing Finance. This Gathering was organised by The Economist and cost $3,495. The speech covered: Introduction – the importance of a resilient and robust banking system The practice of [...]

Politically Incorrect Intelligence Books from Christopher Story

The link to Christopher Story’s tribute was sent to me with the comment “disturbing but worth a read”. For me, the real discovery was the list of serials and blooks he’s been publishing for 37 years. What a mind and what a mine of information!  

The Chancellor’s speech at the Lord Mayor’s Dinner

This press release from HM Treasury gives you the whole speeach verbatim. A speech that does mention what used to be unfamiliar: the sovereign debt its interest payment the budget deficit. But it glorifies the “independence” of the Office for Budget Responsibility whereas it means control of Downing Street by the City. The tripartite system [...]

Mervyn King’s view on ‘the new politics’

This blog entry by Channel 4 economics editor Faisal Islam indicates how the Bank of England pulls the real financial strings behind the political scene and how the City of London runs Westminster and thus the country, not to say the world. If only it was common knowledge that 1. the first national debt was [...]

The (proposed) Bank of England Act 2010

This latest UK initiative on the monetary reform front is another educational and promotional tool par excellence. The idea is not to let an MP go for it, but to just illustrate that and how a better way is possible and could be done. A great update of the Bank of England Act 1694!

My email to letters.editor@ft.com

Sir, Regarding your letter and comment Common sense and history both suggest a pause in QE and Essential to keep QE available, I am writing as the Organiser of the Forum for Stable Currencies which has been presenting meetings at the House of Lords and Commons since 1998. See our archive site. I am also [...]