The Bradbury Pound in 1914 is the model for what more and more people are waking up to:
- banks create ‘money’ from thin air as Credit and charge interest for it;
- central banks lend it to governments – at interest – as national or public debt – as ‘public spending borrowing requirement’;
- governments have gradually handed over their monetary sovereignty and seignorage to the City;
- 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
Posted in Bank of International Settlements, Cash, Central Banks, Credit, Debt, Fractional reserve banking, Interest, Money, Money Myths, Money supply, National debt, Printing credit
Tagged Bank for International Settlements, Bilderberg Group, British Government, Central Bank, City of London, European Union, Mayer Amschel Rothschild, United States
Bring Back the Bradbury Pound!
Countdown to 7th August 2014
100th Anniversary of Historic Solution
to end Britain’s ‘crisis’, austerity & corruption
There is a deep malaise affecting our country – something is clearly not right. To catch a criminal, a good policeman will always tell you to follow the money and to ask, cui bono – who benefits?
The network of private central banks led by the Bank for International Settlements in Basel, Switzerland, have taken control of the world’s money supply to achieve global governance on their terms – hardly beneficial for the human race.
The way to ‘stop and reverse’ is to ask: Continue reading
Posted in Bank of England, Bank of International Settlements, Borrowing, Bradbury Pound, Cash, Central Banks, Debt, Government budgets, Money, Money supply, United Kingdom
Tagged Abraham Lincoln, Bank for International Settlements, Basel, Bradbury Pound, British Government, David Lloyd George, Forum for Stable Currencies, HM Treasury
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 established in 1694 by setting up the Bank of England; see http://bit.ly/aNRGPw; it resulted in a general debt-based economy world-wide
2. the purpose of the crisis was revealed by the 10-year budget analysis and the “kink” in 2008; see http://bit.ly/aGrAbn
3. there are fundamental differences between the Bank of England’s “quantitative easing” http://bit.ly/cVPxOJ and the Treasury “printing money”: interest, aka vested interests of greed and unaccountability.
May more and more people wake up and understand
- a Nation’s money supply is fuelled from a number of sources
- central banks
- banks and other financial institutions
- a Government’s budget is only a certain share of the whole of the supply – generally around 40%
- governments issue money as Cash aka M0,
- but they “prefer” to borrow, pay interest and charge taxes – for the benefit of bank(st)ers who issue money as Credit out of thin air and charge interest for it….
Follow the money and welcome to hopefully a new level of disillusionment!
Posted in Bank of England, Cash, Central Banks, City of London Corporation, Control, Credit money, Government budgets, Interest, Interest money, Money, Money supply, National (sovereign) Governments, United Kingdom
Tagged Central Bank, Faisal Islam, Mervyn King, politics
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 good beginning and is part of the system that has evolved, mainly by design, relying and influencing human nature such that it is a call to our conscience, no matter where we stand – at the helm or in the wake of capitalist boats…