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The End

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Message Derryl Hermanutz
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Then a precocious fellow named Thomas Edison, his mind pristinely uncorrupted by the plutocrat-serving logic of "sound money", said to the government, Why can only bankers produce money? If your credit is good enough to issue a $200 bond, the same credit is good enough for you to issue 200 $1 bills. The same element that makes the government-issued "bond" money-good, makes the government-issued "bill" money-good.

You could issue your nation's own supply of debt-free money, and spend or give the money into your economy, and the economy would have a supply of money to use. You wouldn't have to keep taxing money out of the economy to pay your bond-debts; and you wouldn't have to keep borrowing more money from the banker by selling him new bonds; and you wouldn't have to keep selling your national public assets to the banker and his capitalist accomplices so they can own and operate them as toll-paying private utilities. You could free yourself from the banker's financial tyranny simply by issuing your own debt-free fiat money instead of issuing bonds and using banker-issued credit/debt money.

But Thomas -- and the government monetary and fiscal authorities who listened favorably to Thomas -- were shot by hired assassins. And anybody who accused the banker of hiring the assassins was bankrupted and discredited or shot too. So pretty soon economists and politicians learned to shut the f___ up about the banker's money monopoly, and the banker and his friends lived happily ever after on the little blue planet that they owned and ruled as their private neofeudal paradise.

THE END

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I spent my working life as an independent small business owner/operator. My academic background is in philosophy and political economy. I began studying monetary systems and monetary history after the 1982 banking crash that was precipitated by (more...)
 

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