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All The Truth Around E Currency
You keep on listening about this profit pulling business that
requires no marketing or selling, merely an hour a day (at the
most) and no special skill.
Yeah right!
At least that's the 1st perspective it gives any person that has
been...
Forex basics: make money with money, part 1
FOREX or The Foreign Exchange market refers to an international exchange market where simultaneous buying of one currency and selling of another is done. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen...
Gold Heading to $1,000 an Ounce: 13 Reasons Why This Can Happen
Many people are not aware that Gold peaked at over $850 an ounce in the 1980's. It has been in a bear (depressed market) for 20 years since but Gold has been marching higher for three and a half years, even in the absence of major inflation. Now,...
Online Forex Trading
Do you know what Forex trading is? Some people have heard of this type of trading, others have not. If you haven't, it might be something you are interested in trying. Forex trading stands for foreign exchange trading. What it consists of is the...
The Benefits Of Trading The Forex Market
Historically, the FX market was available most to major banks,
multinational corporations and other participants who traded in
large transaction sizes and volumes. Small-scale traders
including individuals like you and I, had little access to...
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A new and better way for Pensions
We are told that the pensions crisis is due to our living longer than politicians' desire and having too few young people working creatively.
The truth is a bit different. The Government now provides useless and destructive employment for a vast army of bureaucrats, in order to make the dole queues look small. We have fewer and fewer people working to produce what we need. Those productive people, are working harder and harder and producing less and less. At the same time, people are able to buy less and less, without going into debt.
Nevertheless the chosen productive few, work so well that vast surpluses, which they can create, will not sell and only earn for those workers so little, that saving is impossible.
A failure to observe reality and instead, to succumb to political propaganda, allows us to believe that we had best not grow to full maturity, but to retire from the game of life, nice and early.
The pensions crisis looks very real and looks quite lethal.
Fortunately we can, if we wish, observe reality and take notice of how our Statesmen should behave correctly.
Our Statesmen have become experts at getting things wrong. Their biggest crime is to devise a corrupt and unworkable Monetary System.
Our Statesmen agree amongst themselves, that ordinary mortals cannot be trusted with the task of creating and issuing the currency. They know for certain sure, that if they were to undertake this task, they would over create and give us all, runaway inflation.
As Denis Healey, the then Chancellor of the Exchequer, once told me, "Doctor Hamlyn, I have never understood money and I never shall".
It is no good expecting those who have never understood money, not to create trouble for pensioners. Likewise trouble is not necessary and we can handle, a seeming problem, merely by
understanding money.
We need to understand money, because when there is a difficulty with understanding money, the creation of new money gets handed over to the experts. Politicians have given the bankers, that responsibility, believing that being experts at making money, bankers are the best people to create new money.
Bankers actually make money by lending money, therefore it comes very naturally to bankers, to lend new money into existence.
Governments allow bankers to issue new money as credit.
New money is now created by individuals and by businesses accepting credit as a loan and then the law states that money is owed.
It is new money which is owed, new, because it was credit before being accepted as a loan.
Individuals, businesses and nations get ever deeper into debt as a result of calling credit money.
If you stop and think, you will realise that it is impossible to save credit, or to salt credit away in a pension fund. New money, which is actually credit in disguise, gives us debt as our currency. Fair trading is impossible when the currency is debt. Fair Trading is replaced by commercial warfare.
We call it a rat race, which is a race which can only be run before you retire. Once you retire you automatically become a loser in the rat race. But you can do something about it. Get your M.P. to attend one of my seminars, so as to understand money and relieve the bankers of their burden. Then we can have real money as currency and manage without debt.
There is life without debt. But without money we die.
About the Author
Dr Hamlyn is a founding member of the Royal College of General Practitioners, a veteran of WW II, retired farmer and practicing medical doctor. He is a prolific and articulate voice on the subject of monetary reform. www.monetaryreform.org
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