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Credit, that very dirty word
The Bank of England, which decides the level of interest rates,
claims that
it cannot control the rate of inflation, because the surge in growth
of the
money-supply creates a frothy economy.
Mervyn King, who claims to govern the Bank of England, likes us
to imagine
that he has magical powers over froth, that only he can understand.
Like a barman who knows how to keep a nice head on your pint of
draught
Guinness. We live in awe of his ability to control the rate of inflation,
to within an inch of his life.
Under the rule of secrecy, Mervyn King has Gordon brown on an exceedingly
tight rein, he can make or break his boss without a sigh.
The truth is, we would have no money at all, either to inflate
or deflate,
unless we have enough credit to float Britain on an even keel. However
rough the seas, for us lower classes.
The ever rising tide of immigration demands a constant supply of
new money
to service economic growth. We have long since given up earning
new money
and now rely almost entirely on the City of London to make money
for us to
live on. But that new money is only available to us as credit, on
which we
pay interest. In our ignorance we borrow new money into existence
as fast
as we possibly can imagine, that we can afford to pay the interest.
All Governor Emperor King does, is use a computer to tell him the
interest
rate which will keep our borrowing at the rate at which he is paid
to keep
it. At the bottom of the pile, the poor get poorer and cull themselves
by
dying of starvation, especially in parts of Africa. At the very
top of the
pile, the rich compete with each other to spend ever more money
on grander
mansions.
You do not need to be a Paul Daniels, to observe the fact that
the fallible
monetary system is the cause of sky high taxation by every conceivable
form
of stealth. We can no longer hope for even a hut to live in, much
less a
castle.
Notice how a fallible monetary system might serve a hidden agenda.
For
example if the National Health Service were fit for purpose, it
might
increase the need for culling to counter the ill effects of immigration.
Also consider how fallible money could make defence of the realm
unnecessary. We are about to join the Euro without a referendum,
possibly
this summer, as Blair’s last act.
The Euro will be issued as credit by a
private German bank. This will give Germany supreme power over us,
because who so ever issues our currency, does have supreme power.
Also notice that banker Dave Cameron, will not whisper a word about
all
this and break the rule of secrecy, nor will the Press, nor will
the media.
We shall be corralled as sheep into debt slavery and our freedom
will be
lost for ever.
Doctor Edward C Hamlyn MBChB
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