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Letter to: Sir John Sunderland Chairman CBI. London
29th November, 2006
Free Trade Hypocrisy
Dear Sir John
The subject of free trade is fraught with confusion because of
the nature of the market. People talk of a free market economy,
but they all omit to mention whether they refer to the money markets
or to a market where goods are bought and sold.
In reality the market is in two entirely separate layers. One is
legitimate and the other is illegitimate despite having been made
legal. Economics is the study and practice of the production, distribution
and consumption of the goods required for survival. Distribution
is entirely dependent upon having a means of exchange, which should
be the function of money. Trading in money, as opposed to trading
with money, fouls up the means of exchange.
Economists seem to gloss over this fact and to ignore it. Money
is regarded as a commodity to be bought and sold like oil, like
wheat, like steel and like coffee etc.etc. etc. Money markets are
actually gambling houses, which corrupt the means of exchange and
make economics unworkable, whether devised by Keynes by Friedman
or any other ignoramus.
All the hypocrisy of free trade is derived from the fact that there
is no such thing as free trade in the world today. Trade is 100
per cent corrupted by having a thoroughly dishonest Monetary System.
New money is issued as credit by private banks. Which is a politically
correct way of saying that we use counterfeit money as our currency.
The significance of that fact must cause difficulty between the
CBI and the City. For example David Cameron refers to the City of
London as being our most important, wealthy and successful of all
industries. Which is odd if you think about it, because none of
that money is earned, it is all derived from a betting shop. Of
course David Cameron is a banker at heart and banks are rich and
powerful because they have a licence to Counterfeit Money. We seem
to wait indefinitely for someone such as yourself to complain about
this skulduggery.
Doctor Edward C Hamlyn MBChB
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