The title says it all: Government Debt and Credit Creation!
- Here are the first 25 pages
- and here the second half.
Since Money Matters are not taught ‘properly’, it is difficult to understand
- that the national debt only benefits those who receive interest payments
- that banks, central banks and other financial institutions create ‘bank money‘ from thin air [Guardian, 2008] and charge interest for it
- that governments used to create ‘treasury money‘, i.e. interest-free Cash, but have handed that power over to the banks in general and The City in particular.
See Sovereignty & Seignorage – the Legal Privilege and Financial Mechanism of Nation States.
The Bradbury Pound was in 1914 what we proposed as Green Credit for Green Purposes in 2008 and tabled as Early Day Motions since 2002:
- government issued ‘treasury money‘, backed by Public Credit.
The historic background of the Bradbury Pound is admirably described in
Interesting historic questions relating to 1914 are being raised in
Related articles
- THE BRADBURY Coming to the Rescue – to solve social, political and economic issues (forumnews.wordpress.com)
- NATIONAL CREDIT and the Bradburys – from the Author of The Money Bomb (publicdebts.org.uk)
- WHICH SIDE are You On: Rothschild (City) or Treasury (Westminster)? (forumnews.wordpress.com)
- Bring Back the Bradbury Pound! Countdown to 7th August 2014 100th Anniversary of Historic Solution to end Britain’s ‘crisis’, austerity & corruption – Sabine (inquiringminds.cc)
- BRING BACK BRADBURIES: to Compensate Victims of White Collar Criminals (edm1297.info)
- THE BRADBURY Coming to the Rescue – to solve social, political and economic issues – In the Spirit of the Forum for Stable Currencies (inquiringminds.cc)
- AUTHOR of The Money Bomb passes away – leaving an electronic heritage including the Bradburys! (bombs.wordpress.com)
- NATIONAL CREDIT and the Bradburys – from the Author of The Money Bomb (inquiringminds.cc)
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