Debt: the First 5000 Years – a new book about an old problem

From David Graeber, the author: ============= Hello, friendly strangers, I’m delighted to announce my new book…. ——————————————— DEBT: THE FIRST 5000 YEARS ——————————————— is finally, finally out! http://www.amazon.co.uk/Debt-First-5-000-Years/dp/1933633867 This is a work of scholarship, and politically engaged, but it’s also an attempt to break out of the usual academic and activist ghettoes, and I wrote [...]

Private Debt Money questioned by Class Action against the Fed

This is a remarkable US initiative by victims of foreclosures who have a group of “Warrior Layers” as their allies. Together they mount a class action against the Fed. Join in! May this become a model for more class actions against more central banks!

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!…

Money – the economic weapon in financial wars

This is the subject line in my most recent letter to the Business Minsiter The Rt Hon Dr. Vincent Cable. It links the creation of credit as ‘money’ as the CAUSE with victims of financial exploitation and legal oppression as the EFFECT. To create money for the compensation of victims of white collar crimes, it [...]

Billions for the Bankers – Debts for the People

The Real Story of the Money-Control Over America is an article by Pastor Sheldon Emry (1926 – 1985). If you have trouble with the server of freedom domain, please try here. It’s an excellent and bold text with the following titles: Money is Man’s only “Creation” Money “Creating” is profitable Adequate Money Supply is Needed [...]

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 [...]

Public Debts as the Root Cause of Unsustainable Economies

This article is my answer to the invitation by Will Sharp, editor of Left Foot Forward. He asked for less than 500 words: An economy describes activities that people perform to make a living through money. However, the fundamental difference between Cash and Credit are rarely the object of enquiry among economists. In fact, the [...]

Our world balances on a sea of debt

The banks that control the world’s supply of money are no better than counterfeiters – and their system of juggling debt has left the global economy teetering on the brink of ruin. Convicted fraudster Darius Guppy offers a provocative personal view This article appeared today in the Sunday Telegraph.

A Banking System We Can Trust (!?)

This article is written by two professors of economics at Boston University. Thus it does not address the “fuel” that flows through the economy. It is “watered down” by “credit money” for the benefit of the financial economy, while clogging up all activities of the real economy. Making people responsible rather than companies is a [...]