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Raising the Government's IQ on the subject of Pensions

Letter to: The Editor The Daily Telegraph. London.

15 may 2005

Dear Editor

It is plain common sense that if the citizen is to receive an income after he has stopped working, the country must have a monetary system, which enables money to hold its value over time.

Work done to day, must by some means, provide money for a far distant future.

The Government must provide a monetary system in which the value of money persists and does not dwindle away.

A Government which has not devised that ability, is not fit to govern.

When a Government's IQ on money, drops below zero, we are all in terrible trouble.

Our present Government persistently degrades money by diluting it with debt.

As new money is needed to service economic growth, some of that new money is issued by private banks as credit, which is a politically correct word for debt.

Counterfeit money is added to the Nations money supply, which degrades the currency and makes money useless for the provision of pensions.

Even a child can see that creating new money out of nothing and getting it borrowed into existence, is a cunning method of counterfeiting money, permitted by law.

There is no difficulty in seeing why pensions have become an impossibility, when the IQ on money is still intact.

Until such time as David Blunkett, Sir Malcolm Rifkind, Tony Blair, those who wrote the new Pensions Act and David Norgrove, Kate Rankine, Neil Collins, Ian Cowie and the reader of this letter, wake up and see the truth concerning debt and the currency, our lives will continue to be blighted by superfluous taxation.