What happens Under Our Present System When Governments Create Money?
Lock-down is an ideal time to consider some simple truths that we’re normally content to ignore. If we want to reclaim our world and…
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Chapter 9: Reform
Anyone reading this probably already feels that reform would be a good idea. On paper, reform would be a simple matter: merely cancelling unjust…
Read MoreChapter 8: Negotiable Debt, A Bit of History
This chapter is a quick summary and clarification of what happens when debt becomes negotiable. The focus is on money, but other…
Read MoreChapter 7: Secrets, Ignorance and Lies: Money, Credit and Debt.
“The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia (1814). Our money system relies on…
Read MoreChapter 6: America, Won and Lost.
After the United States gained its independence from Britain, it became powerful in the world in two very different ways: as an idea,…
Read MoreChapter 5: Bubbles and Adam Smith.
This chapter explores how laws enabling debt to be bought and sold transformed Britain. Suddenly, vast quantities of money and value were being…
Read MoreChapter 3: How Money Works Today: A Summary.
This chapter summarises how money works today. For convenience’s sake, there will be some repetition of material covered elsewhere. Founded on debt rented…
Read MoreChapter 4: Early Days.
The situation we are in today has evolved over many centuries. Economists had plenty of time and opportunity to comment – and comment…
Read MoreChapter 2: Laws That Make Robbery Legal.
A law can be anything from an attempt to establish justice on earth to a device for robbery and murder.[1] Nazi race law…
Read MoreCHAPTER ONE: The Money Supply: How it Came to be Created by Banks.
The most important fact in economics today goes unmentioned by most economists and bankers: money is created as debt from banks, and it…
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