Economic Democracy vs Bankster Plutocracy
Bankers have long
exercised a near absolute monopoly on the creation and primary allocation of
money. International bankers
engineered and enabled the present and intensifying corporate-plutocrat
ownership structure of the Western world.
What might happen if a people-serving government issued its own debt-free
fiat money, instead of using bank-issued credit/debt money that commits the
nation to debt servitude and neo-corporate serfdom?
Here's an illuminating case that I found on Facebook,
16 Things Libya Will Never See Again as quoted by Michael Parenti October 24, 2011
1. There was no electricity bill in Libya; electricity was free for all its citizens.
2. There was no interest on loans, banks in Libya were state-owned and loans given to all its citizens at zero percent interest by law.
3. Having a home was considered a human right in Libya.