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Letter to: Edmund Conway. Economics Editor. The Daily Telegraph.
London
17th August, 2006
CPI versus Inflation
Dear Mr Conway
Could you explain to me why no one writing in the Press is allowed
to mention the fact, that our currency is now issued as credit.
Our currency is no longer minted or printed by the Government, but
issued as credit by private bankers, who now have a monopoly on
the creation of new money.
The use of credit, as our currency, which has become a synonym
for debt, has made fair trading impossible, has rendered honesty
incompatible with financial viability, has rendered the ONS addicted
to criminal misrepresentation of figures for inflation and has enslaved
the ordinary citizen with debt.
Britain and its people now owe trillions of pounds and we borrow
more and more new money, all the time, in order to pay the interest
on those debts. All this entails a colossal increase in the supply
of new money, which is issued as credit. Do tell me, as our Editor
of Economics, why you and all other members of the Press, are never
allowed to mention this horrendously bad news. Are you under the
orders of our Slave Masters?
Doctor Edward C Hamlyn MBChB
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