Category Archives: Fractional reserve banking

The principle of banks who keep only a fraction of their deposits in reserve and lend out the remainder.

WE DEMAND that the British Government Issues through its Treasury Debt-Free and Interest-Free Money – as it did in 1914!

13 07 03 Bradbury LogoThe Bradbury Pound in 1914 is the model for what more and more people are waking up to:

  1. banks create ‘money’ from thin air as Credit and charge interest for it;
  2. central banks lend it to governments – at interest – as national or public debt – as ‘public spending borrowing requirement’;
  3. governments have gradually handed over their monetary sovereignty and seignorage to the City;
  4. the myths surrounding money are being perpetuated by teaching institutions such as the London School of Economics which does not teach what ‘money’ is or who has the power to create it and how:
  • the difference between interest-free Cash and interest-bearing Credit.

This ‘Writ of Mandamus‘ is a fresh approach to get the Government to act in the public interest (not just pay lip service).

It deserves support in any shape and form!

We demand that the British Government issues through its Treasury debt-free and interest-free money

……..as it did in 1914!

Overview of our country’s current ‘debt’ situation: Continue reading

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BRING BACK the Bradbury Pound – interest-free – backed by Public Credit – issued by The Treasury rather than Banks

Green Credit for Green Purposes was our proposal to the Treasury Select Committee in 2008 – ‘to do it electronically’.

But on 7 Aug 1914 the Private Secretary to the Chancellor of the Exchequer did it on paper: John Bradbury signed the Bradbury Pound – instead of borrowing money from private investors for the Government.

Justin R G Walker talks about it to Brian Gerrish of UK Column on this video and mentions the ‘credit of the Nation’.

Austin Mitchell MP has been tabling Early Day Motions along the Public Credit since 2002.   It sounds so simple and yet is so profound: Continue reading

25 Reasons To Absolutely Despise Bankers And Their Minions

1) Bankers, according to the London Times, launder about 400 billion dollars a year or more in illegal weapons sales. The next time you hear of an African war lord killing families so he can kidnap young boys to become child soldiers and young girls to become child sex slaves, please remember that this could not have happened without the active assistance and cooperation of the bankers and the politicians they own.

2) Bankers told American businessmen that entering World War I would make the Great War last longer which would be good for the United States because it would bankrupt England, France and Germany. Calvin Coolidge on Veterans Day in 1928 said America had lost only 30,000 soldiers during the war but another 100,000 since the war ended. Those men had died of their wounds after the Armistice was signed. Everyone who died after 1915 in WW I died for bankers and Israel.

Continue reading

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!

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 verdict of the jury is “a lesson in the difficulties of illuminating the illogic of our monetary system”…

When will “it” be common knowledge and generally understood???

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!