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Letter to: Rosie Murray West Business Correspondent. Daily Telegraph, London

Banks and Blackmail

Dear Miss West

Perhaps it is time for us to turn the tables on the banks and blackmail them into being honest, by exposing the method by which they create and issue new money.

They do this by issuing new money as credit. This practice has been designated the counterfeiting of money, by a member of the House of Lords. The issuing of new money as credit, has driven us deeply into debt. Our debts, public and private now total several trillions of pounds. More money than could ever be redeemed in what remains of eternity. We now use debt as money.

This fraudulent method of bringing new money into existence, is the hidden source of Man’s contribution to climate change and global-warming. The banks have used the enormous power, that this method of creating new money has given them, to place an embargo on the Press, which decrees that this method of creating and issuing new money is never ever mentioned by the Press.

You might agree with me that it is now high time that we broke this embargo and risked having the bankers lynched.

Doctor Edward C Hamlyn MBChB