British Association for Monetary Reform
  • Home
  •  

  • 2007 Articles
  • 2006 Articles
  • 2005 Articles
  • 2004 Articles
  • 2003 Articles
  •  

  • The Money Text Book
  • Money or Your Life
  •  

     

     

    « Back to Index

    Global Warming, Commercial Warfare And Monetary Reform

    Wars are wasteful, they always have been and always will be.

    Just look at those oil fires in the first war on Iraq. Enough CO2 emissions to justify a trillion wind turbines. A war inspired by the need to fuel commercial warfare.

    Pause for a moment and notice that we have an insolvent global economy. The nations of the World now owe more money than can ever be repaid, with the money which now exists in the world.

    The biggest debts of all are owed by the richest countries. America will happily go to war, again and again, to secure the oil it needs, to survive in the heat of commercial warfare, imposed upon America by America's insolvency.

    Ask the question, why all these debts.

    Do not imagine that you know why, because you do not know why. None of us wish to live in debt. If we knew why we are forced to live in debt, we should correct what is wrong, enjoy a solvent global economy, return to fair trading, give up commercial warfare, finish with the need for global-warming and move foreword in a new direction.

    Why do we insist upon living in debt. Why are we compelled to serve as debt slaves to bankers, who are our slave masters.

    How have the bankers acquired the means of making us live in debt and to use debt as currency. Unless we see very clearly, that is the situation in the world today, we shall never get out of the trap.

    Fair trading will never become a viable option. We shall never even look for a peace to end commercial warfare. It will never be a viable option to remove the cause of global warming. We shall continue our headlong rush into extinction.

    In order to correct what is wrong we need to wake up to the fact that the human race has made a mistake and it all needs a self correct.

    There is no one to correct what is wrong except ourselves. We have to do it.

    We all have a characteristic in common. All of us. We like to be right.

    We have all got it wrong, every one of us. That fact makes it impossible for us to see what we are doing, which is the first step to correcting what is wrong.

    We shall have to go back to basics, to see the error we made in the first place. We must then be willing to see, that we made a mistake and be willing to put it right.

    We moved forward from a barter system of economics, into an era in which we use money as a means of exchange and then omitted to adopt a scientific definition of the word money.

    "So what", I can hear you say. "Everybody knows what money is, we do not need a definition of money, money is just money, end of story". There it is, the source of all our woes and we piously believe that greed, God, the devil or some other element, is the cause of our grief, but we never think, no never, that our own ignorance is the cause of all our troubles.

    But take a look.

    Economics is the art or science of creating and distributing to the human race, that which is needed and wanted for our survival. Simple stuff. But when we leave behind a barter system we need a means of exchange.

    We chose money as our means of exchange, we then forgot to tell ourselves what we mean by money.

    We told ourselves we knew and we didn't know and we still don't know.

    The point is, that over time the supply of money must increase in order to service as a means of exchange, an expanding economy, as we come to fully utilise the abundant resources of the planet which is our home.

    How can you increase the supply of money when you have not clearly stated what money actually is. Money is a means of exchange, that is what we use it for, but nobody has ever decided what form money should take. For a time we used gold as money, but gold could not serve us as a means of exchange. Gold is far too heavy and economic growth out stripped our ability to prospect for gold and get it dug it out of the ground, fast enough.

    Quietly, without anyone paying attention, the Goldsmiths or bankers as we now call them, started using substitutes for gold. Substitutes that were as light as paper and which did not have to be dug out of the ground.

    But with no definition of the word money, there was no way that ethics could enter into the computation.

    Economics without ethics is impossible, but we established a so-called civilisation, in which there was no place for ethics in its economics.

    There we are today. Fair Trading, in which ethics is all important, has been swept away by commercial warfare, in which there is no respect for human life, no place for ethics and not a care for the possibility of global warming. This civilisation without ethics is doomed. The will to survive is drowned in drugs, alcohol, crime and poor health. All this is so sad, because the remedy is easy.

    All we have to do, is take the trouble to get the definition of the word money correct, allow ethics to come into vogue and restore to Government the sole right to create and issue new money and to take these three simple steps in the correct sequence and the risks of global warming will dissolve away.


    Doctor Edward C Hamlyn MBChB