Moderator: Louis P. Burns aka Lugh
- activist and campaigner
- Posts: 9
- Joined: Tue Nov 30, 2010 3:10 am
- Location: Derry
Back to the law, another way it can work sticking with the system is go back to the gold based government owned money system, which in turn leaves the country with genuine wealth, or a combination of the 3 big money metals as a currency, white gold, gold which it's supposed to be or silver which sterling was when it began. Then have it highly regulated.
At the moment our money is fiat or valueless whichever you want to label it, it's only a promise written on paper (10-20% of it) and the rest numbers on a bank computer, not very dependable. The way it's printed and put in circulation creates debt, if the country paid off the debt it owes the bank of england we would be in a sorry place if you look at it realisticly, that's all the money we have in circulation plus interest, it's 99.9% guaranteed to keep a country enslaved unless they envoke the powers to re-take control of money production.
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