Howard Switzer

The fatal blind-spot that most thinkers, be they on the left, right or center, have when it comes to money and banking, is that they all assume that banks lend savers' deposits to borrowers, when in fact this never happens, and so the banks not only lend the money, they create the money, and thus make the whole economy (and polity) entirely dependent on them - they have "the upper hand" over everyone else; industrialists, unionists, media, and politicians are all in debt to banks. It's a hidden hand too because of the general ignorance of the basic fact that banks create money when they make loans (and destroy it when loans are repaid) - thus, the entire money supply is rented from the banks; they're the ultimate rentiers (not landlords, not industrialists). The landlords and industrialists are all in debt to the banks too.

--

--

All the world's problems will continue to worsen as long as we allow money to be issued privately for profit as debt. Greening the Dollar is based on the general principles to which every monetary system must conform, if it is to fulfil its proper role as the distributive mechanism of society. To allow it to become a source of revenue to private issuers is to create, first, a secret and illicit arm of the government and, last, a rival power strong enough ultimately to overthrow all other forms of government. That has happened, it could have been prevented but wasn't, now we need to change it.

--

--

Right, Jason. Democrats could have changed the entire system from greed to care by passing HR2990 in 2011 https://www.congress.gov/bill/112th-congress/house-bill/2990 ...but did nothing. Obama even surprised the bankers by being ahead of them on PR. More evidence that they are part of corrupt political theater and do not work for us and do not govern. It all begins in school where people are studied, diagnosed, and classified. Where the unfit are tagged and the managers trained. Established on the Prussian model with legislation passed just 2 years after getting the money power to indebt the nation (Federal Reserve Act) and the income tax to assure the payment of interest. https://openlyvoluntary.com/6-basic-functions-school-alexander-inglis/

--

--

Howard Switzer

Howard Switzer

Howard Switzer is an ecological architect and monetary reformer in rural Tennessee.