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

    Letter to: Hugo Swire MP. The House of Commons London

    25th August, 2006

    More on The Bed Tax

    Dear Mr Swire

    Protest has its place. But I have made up my mind that if I want something done, I tell the man who needs to do it, how to do it. I work on the assumption that if he knew what to do, he would do it. The only proviso is to make very sure that I have discovered the right way to do it.

    As you say the bed tax is a money making ruse. Not the best way to do it, but a ruse. Obviously a wise Statesman would prefer to know better. Such is my faith in Statesmen. I like to believe they have senior wisdom, which is how they have become Statesmen. This involves having certainty, that with total understanding comes total agreement. There is a correct answer to everything, it is merely a matter of discovering the correct answer.

    There must be almost universal agreement that the ruse of the bed tax, like the window tax of yore, is not the correct method of making money.

    There are many incorrect ways of making money, but only one way that is correct. We can get into difficulty before we even start, for several very good reasons. In the first place we need to know what money is, what is it that we are going to make. Then we need to decide on the appropriate word for make. I am assuming that making money is only appropriate when there is not enough money already made for purpose. Therefore we have to know the purpose of money before we start. I belabour these points to demonstrate the fact that by knowing the precise meaning of what we say, the answer to a question which we ask, is almost certain to present itself.

    This is certainly true of the question ‘How can a Government obtain all the money needed to do its job’. It should be quite obvious that taxation can never be the correct answer, because there is no agreement. Unless the Government knows for certain, how to create new money as needed for purpose, it cannot govern and is not a Government. Take on board such all embracing logic and we shall have a very different economic ball game. Very different, but very acceptable to all, and where protest is neither needed nor appropriate.

    Let us take a very simple practical example, and see if we can work with it. Life on Planet Earth is 100 percent dependent upon a distant fire ball. called the Sun. It sits up there fit for purpose and delivers its goods free of charge.

    If we were to use our wits with wisdom, we could have an infinite and everlasting source of everything we need. No one could deny the truth of that statement and yet we contrive to make life so difficult for ourselves we must be crazy. Too true. Then let me tell you a secret, a very well kept secret!

    Human beings have minds of their own. But we all agree, or behave as though we all agree, that we only have a very primitive collection of cells inside the skull, which we call a brain and imagine that mind is a function of the brain. That is crazy. Unless we start from there, to correct our misconceptions, we shall never ever start. Do you get a glimpse of why and how we dream up a bed tax. We do not think it through. We let a lump of meat called a brain, do the thinking for us, and the brain cannot think!

    So let us start again. We are the Government and we turn up in our records a method of using coal as an energy source that is environmentally friendly. We have plenty of coal but a dire shortage of money with which to exploit our discovery. Without thinking, we say, no problem we will borrow the money. There are endless ways of getting into debt, no problem at all. We may get environmentally friendly energy from coal, but we sell our freedom to do so. We get ever deeper into ever heavier chains of debt slavery. It's crazy and for why, do we do it. We do not think.

    Money is man made stuff, if we don't know how to make it, borrow it! We allow banks to make money, by allowing bankers to issue new money as credit. Which is another word for debt. That really is crazy.

    If we need new money to turn coal into green energy, there is nothing in this wide world to stop us minting, printing or somehow creating new money ourselves and not hand ourselves over to the guys who make slave chains out of debt. We turn up in archives a correct way to use coal and with the senior wisdom of a Statesman we handle the shortage of money by doing what the bankers do. We issue new money as a form of credit which is not debt. Instead of minting or printing money, we switch to creating electronic money and do so with superlative wisdom. Not as thieves in the night that we call bankers.

    With electronic money we pay someone we can trust with senior wisdom, to explore the field of coal and work out the very best way to tackle the problem of using our own coal for our own purpose, using new money and letting the taxpayer off the hook. If the government were to run into any trouble thinking this through to a major win, call me in!.


    Doctor Edward C Hamlyn MBChB