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!…
Posted in Bank of England, Campaigning, Credit, Credit money, Interest money, Money, Money supply, Printing credit, Video
Tagged Bank of England, Banking Services, banks, Banks and Institutions, Borrowing, Cash + Credit = Money Supply, cash crumble, Central Bank, Dishonest Money, Economy of the United Kingdom, Financial Services, National Debt
At the end of WWII, the money supply in the UK was virtually 50% Cash from the Government and 50% Credit from banks. Now the ratio is 97% to 3%.
Making money out of money seems a special kind of skill in such circumstances, but in Islam it is a deadly sin!
Check this entry from an Indian currency trader.
This blog addresses the core issues of what’s labelled as the credit crisis. It distinguishes between
- economic language – knowing that economics has been created as a soft social science to camouflage what central banks and banks are doing – for private benefit rather than the public good
- monetary language – knowing that the currency of a nation is being manipulated for the purpose of reaching the aim of world government via a single global currency (please google yourself instead of us providing the link) and a single central bank (the World Bank)
- financial language – the statistics that accountants produce and numbers that people use to compare and measure developments over time.
Our online petition Stop the Cash Crumble to Equalize the Credit Crunch addresses the issue by asking the Treasury Select Committee to make an inquiry into the money supply.
This means establishing the share of the Cash that the Treasury generates and the Credit that banks create, especially with a view to long term effects regarding climate change.
Posted in Early Day Motions, Lending programs, Mission, Public Credit Petition, United Kingdom
Tagged Cash + Credit = Money Supply, cash crumble, corporate debt, credit crunch, economic, financial, household debt, monetary, National Debt