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The Longest Period of Economic Growth

What has been the Gordon Brown magic formula, for this astonishing success. A better question to ask, is "How and why could the economy do anything other than grow?" Quite simple really, it all depends on money. Wealth cannot be created, without the use of money to create it. Nor can wealth be utilised, without the requisite money to make the wealth usable.

A constant, dependable, trustworthy source of additional new money, is essential for economic growth. Gordon Brown worked some magic. He used credit instead of money. There is an infinite, inexhaustible source of credit and by getting the world to trust in credit, as a substitute for money, growth of the money supply can be assured ad infinitum.

Making private banks the source of credit and giving the banks freedom to control the rate at which they make credit available, their expertise can be guaranteed, to make the system work, and work for ever. The only snag with this, Gordon Brown cunning, is that interest must be paid, for the use of credit and the money thus created, for ever belongs to the banks and they can call it in, if and when they so wish.

But there is no problem at all, with economic growth, provided banks remain, benign and friendly. We shall observe, if we keep our eyes open, that the election will be won by the Political Party, that can promise the banks the greatest amount of sweetness and light.

But if some keen eyed monster of a politician, looks too keenly at this trickery and blows the whistle, there could be a few wobbles, before we get on a better course of progress.