-Caveat Lector-
Nurev Ind Research wrote:
> The Grip of Death http://cfoss.com/grip.html
>
> If people are told that there is �680 billion of money in the
> economy, and are then asked if they can guess how much of this
> money has been created by the government, they are likely to be
> puzzled. Why, all of it, surely? Surely a government is responsible
> for the currency of the nation? When people are told that the same
> statistical release from the Bank of England shows that the total
> of money created by the Treasury on behalf of the UK Government is
> a mere �25 billion of notes and coins, they naturally ask where
> does the rest of the �680 billion come from? What is the origin of
> the �655 billion which has not been created by the government?
>
> If they are then informed that this other �655 billion - 97% of all
> money in the United Kingdom - has been created entirely by banks
> and building societies, and that they have created this staggering
> quantity of money out of nothing, most people are totally flummoxed.
> If you or I make money, this is called counter-feiting, and we are
> looking at the prospect of four walls, iron bars and a slim glimmer
> of daylight in twenty years time.
>
> If they then ask how private, commercial companies can create money,
> and are told that it is their mortgage, their personal loan and
> their overdraft which has led to the creation of this �655 billion;
> that governments rely upon the majority of people going into debt
> simply to create money to supply the economy; that virtually every
> pound in existence, whether circulating or deposited in bank
> accounts, is matched by an equivalent pound of debt - if they are
> told this, people generally stop asking questions. They get that
> uncomfortable look in their eye. 'This guy is definitely right out
> of his tree...'
Yup, I know that look....
So what's your take on the bankster conspiracy J2?
PS, thanks for posting this.
Regards,
philately
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