This is a revised version of my talk for the 2017 Festival of Ideas for Change, on why we need to reform laws governing the way money is repeatedly created, destroyed and created again for the benefit of those seeking wealth and power.
Tag: Ivo Mosley
“Bank Robbery: Why are banks allowed to create money?” by Ivo Mosley
Imagine a world where governments can borrow huge amounts of money created by private corporations (for their own profit) and charge the debt to taxpayers (without any say-so from those taxpayers); then use the money to do whatever they like, including buy arms, make wars and laws and payments to benefit themselves, their supporters and friends.
Imagine a world where the entire money supply is created as debt, and rented out at interest. Debt rented out at interest? Can such a devious a form of robbery even exist?
It can and does; for this is the world we live in today…
Enlightening the Shadow Side of Banking – Monetization of Negotiable Debts by the Few as Instruments of Enslavement of the Many
http://www.lettersofnote.com/2012/10/people-simply-empty-out.html https://www.presidency.ucsb.edu/ws?pid=29502 by Ivo Mosley http://www.cobdencentre.org/author/ivo-mosley/ Ivo Mosley studied Japanese for a first degree and Musical Theatre for an MA. He has written fiction, plays, and cultural criticism for many publications, both mainstream and fringe. He became interested in money creation while writing on the illusion of democracy, identifying money-creation by banks as the murkiest… Read More
