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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