How can we spend more on our armed forces?

Dear Mr Rayment

The military Experts could only suggest making savings somewhere. But the truth is Britain needs more money to spend. More money means more new money. An increase in the money supply by the addition of exrtra money to the money, which already exists.

That is plain to see if you notice that our total debts, public and private, now run into many trillions of pounds. Some of those debts go back to the Napoleonic wars. Those trillions can never be repaid in what remains of eternity.

This fact reveals a hidden datum, which is never ever remarked upon. The sole source of new money in Britain today is credit issued by private banks. Credit is not money and must be laundered into money. It costs two pounds to launder every pound of credit. You never, ever see that fact stated by anyone.

In my opinion it would be most unwise to create and issue new money in order to fight wars. The Hawks are for too greedy. But we could help the Doves to pay their taxes by using new money, minted, printed or somehow created by the Treasury, to pay for essential national assets required by the nation to create our wealth. Billions and billions of tax payers money is poured into that black hole which should not even exist.

As a representative of a movement in favour of changing all this, I personally hope you can promote this and get the data into the hands of military experts who would gladly use it.

Doctor Edward C Hamlyn MBChB

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