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!…

Repudiate This Lie of a Debt!

This is an excellent article that brings together a few important strands of thought: references to Congressman Ron Paul‘s positive and negative inititatives and limited understanding of the monetary system a superb quotation from Thomas Edison about the fact that the Nation should print ALL its money; his original article can be found here a [...]

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 [...]

Why we should know about the National Debt

Every thinking citizen should know about the National Debt. For it has many different effects: 1. the government forces tax payers to produce interest payments 2. only rich individuals and privileged institutions can buy government bonds to benefit from secure interest payments 3. the State abdicates its power to issue its own money (Cash) free [...]

Debts in the Name of the Nation

This petition to save the canal properties of Waterways stirred me to put as succinctly as possible why the National or Public Debt has reached its most heinous peak of abusing “public” for private enrichment. The sell-off of “Government assets” is in the news: BBC, Mail Online, the Telegraph and more. The National or “Public” [...]

Debt Slavery is the Real Reason behind the Bail-Out

Just in case you might think I’m wrong with my analysis, here is an American voice that explains it in market terms. And The Independent formulates the Big UK question: Could the government bailout of the banks bankrupt the country? In both countries it is clear that and how governments have given up their loyalty [...]

Who can dip into the National Debt pot?

According to this article Bailouts expected to add £1.5 trillion to national debt as tax take tumbles in Times Online on February 20, 2009, “official accountancy rules”, few of the nationalised banks’ assets can be counted in the Government’s books. The big number game continues to be played, to camouflage what is really going on.

Exploiting National Debt mechanisms for Bailout money

Most people don’t understand the significance of the national debt: it is used to increase the money supply, so that people can buy ‘gilts’ and thus obtain interest as passive income. ‘Gilts’ or ‘national bonds’ are issued by the Government, backed by the Nation as an entity. But unfortunately the taxpayers of the Nation do [...]

National debt costs as much as Armed Forces

This news item appeared in the Daily Telegraph on 17 Feb 2008.

FAQs about the US Public Debt

This list of questions and answers from the US Treasury shows how a whole administration makes its living on the back of the National Debt. For on some level, the debt doesn’t matter. What matters are the interest payments and the salaries of those who administer it…