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Few people question current arrangements for money issue, but allowing privately owned banks to create money is like putting a three year old in charge of a sweet shop.

Speculative investment is held up as a cornerstone of modern capitalism, but given the way it screws up the economy, I’m surprised it’s still legal.

James Turk - On Fiat Money

Tuesday, 19 July 2011

Confidence is the foundation of Fiat money. Is it stable?

Is the Federal Reserve just an Extension of European Central Banks?
Has Britain Lost its Soul?

The Economics Scam - Part 2

Written by Diarmid Weir Friday, 15 July 2011
My last blog claimed that equilibrium economics is a fig-leaf for the rich and powerful – because it’s a great excuse for preserving the status quo.
The Empire has bankrupted itself by assuming too many obligations which are impossible to fulfill.
John Perkins on how the real modern empire has been created. Have we really moved on from the Romans?
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