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    Water Rates

    3 March 2007

    If you feel inclined to become effective in reducing your water rates, right down to a level that you will be pleased to pay, then read this knowledge report and decide that you will take whatever steps you need, to understand fully and completely.

    First know that the money supply of a healthy economy must increase all the time, in order to service economic growth. If you have any difficulty with that concept, then notice how much more money now exists than at the end of the last Great War. The money supply must have increased by at least 20 fold. That is a lot of new money added into circulation.

    Second step, is to realise that you do not know where all that new money came from. We are looking at new money, not money borrowed from somewhere, but new money that did not previously exist anywhere. Remember gold is no longer legal tender, so the additional new money was not gold. But nor was the new money silver. Face the fact that you do not know the answer to that question.

    And then your work is almost done!

    The truth is, that the Tonnage Act of 1694, gave private banks the right to create and issue new money as credit. Or in other words, conjure new money out of thin air. Apart from making the bankers very wealthy, that method of creating new money worked quite well, until the advent of the computer, brought us the credit industry. The economy took off with unlimited access to new money and inflation was kept under control with interest rates. But there was a very big snag, we were using credit as our currency. We came to use debt as money.

    Our debts public and private climbed into the trillions and kept on climbing.

    In order to earn enough money to use credit as currency we had to find additional money to pay interest for the use of this credit as money. Fair trading was no longer possible and we were into a rat race called commercial warfare. This is more brutal than armed conflict. There is no Geneva Convention, no decency and no respect for human life in commercial warfare. Genocide is standard procedure, see Darfur as China clears the way to take the oil from Sudan.

    In order to clear the air and end the nonsense of high water rates, we need to confront crime on a really grand scale. Otherwise we shall remain blind to the truth and pay far more than we can afford for water.

    Therefore having established, that we have been counterfeiting money ad lib, for over 300 years, we can now decide how new money should be created. What is the correct method of creating and issuing new money.

    To counterfeit is to imitate with intent to deceive. We have been using credit as an imitation of money, intending to deceive that credit is real money. In the first place we must recall the words of the most successful banker the world has ever known.

    The words of Amschel Rothschild. He said that who so ever creates and issues a nation’s currency has supreme power over that nation.

    Therefore if we believe in democracy, money must be created and issued by the people for the people. In order to do that we must agree upon the purpose of money. What is money for?

    Money is a means of exchange, which we require to advance beyond a barter system. If we agree that is the correct purpose of money, then money must have no other purpose and money is abused if used for any other purpose. It is the abuse of money which has been our downfall and the reason we pay too much for water. The abuse of money has been the use of credit as a substitute for money and charging interest on that form of money for the use of credit.

    By abusing money there is no yardstick by which to value money. Its value becomes a guessing game, its value becomes a gamble. But it is not really a gamble, because insiders can adjust its value. But that does not prevent gambling casinos coming into use, which are called money markets. The money markets enabled financiers to cream off the wealth created by us and to become obscenely rich without earning a penny.

    Do you see how complicated the subject of economics becomes. Fear not, you can now see, that complexity is the product of dishonesty.

    Introduce ethics into economics, and all these problems become history. All is now fair in love, war and business. Change that, restore fair trading, end commercial warfare and a new golden age of economics will dawn.


    Doctor Edward C Hamlyn MBChB