British Association for Monetary Reform
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    THE ECONOMICS OF FARMING

    Basic principles of farming which need to be understood and agreed upon by all farmers.

    Providing food for the nation is an essential public service.

    The health and vigour of the nation depends upon the quality of food provided by farming.

    The quality of our food is more important than its cost. If quality of food is impaired by cheapness, the cheapness becomes very expensive.

    The only person who correctly values his health is the person himself.

    For the individual to be able to control the quality of the food he eats he must be able to pay a fair price for the best food.

    A fair price is the price which enables the producer to be financially viable.

    There is no other satisfactory contract between the consumer and the producer other than that which is mutually agreed.

    The reason it is essential for farmers to agree upon these basic principles lies in the fact that when responsibility for this contract is usurped by the Government, not only is the farmer put in danger but so is the health of the citizen.

    When votes are won with cheap food our survival is threatened.

    Cheap food is obtained via subsidies and mass production.

    A fall in quality, from optimum, is inevitable.

    Therefore to reinstate full farming viability political parties must not attempt to win votes with cheap food and farmers must be able to be financially viable without subsidies and without resorting to mass production.

    For this to be possible, farmers must understand the above principles, agree them to be sound and be willing to examine the reasons that these principles are ignored.

    In the first instance the ability to have a viable contract between consumer and producer, depends upon the existence of a competent means of exchange.

    In the existing civilisation barter would not be adequate.

    We have made money our means of exchange by long usage.

    We have failed to appreciate that money is no longer our means of exchange.

    Money is provided by the Crown or by the Government on behalf of the Crown. It is minted or printed and placed into circulation by the Bank of England on instructions of the Treasury.

    That is what you are asked to believe and which we all agree is right and proper.

    However, that is only 3% of the money currently in circulation. 97% of our currency is not the pound, but electronic money which exists as computer entry.

    97% of the money we use only exists because we believe that it exists.

    We are not told how it is made, where it comes from, what it looks like, what its value is, or why there is never ever enough of it.

    The Treasury tells us that this 97% of our currency is created by bank lending.

    The instant that credit is accepted as a loan of money, the borrower, by law, must pay interest for its use, and then find money with which to redeem the loan.

    Money is borrowed into existence.

    This of course is fraud.

    We use counterfeit money as a mean of exchange. By sleight of hand we are suckered into accepting credit as money and we do not notice that credit is now the politically correct word for debt.

    The peoples of Earth owe more money than ever existed.

    If the peoples of Earth attempted to pay off their debts, there would be no money to use as a means of exchange and the global economy would be finished.

    Farmers, by the very nature of their business, need credit, owing to the gap between seed time and harvest, and the gap between insemination and slaughter. Unless farmers wake up and see that they are the victims of fraud, to the detriment of the vigour and health of the nation, we are doomed.