To Bailout or not to bailout – That is the question?
As we speak I am in the midst of a PR road show presenting the causes, consequences and solutions of the financial crisis and the need for monetary reform across the UK.
I have been presenting to audiences totaling about 2000 a month. and my new venture in banking without banks is making progress.
After presenting to this many people and meeting this many bankers, you start to recognise some common themes in the questions that come up repeatedly that I would like to address in this post.
After my presentation where I demonstrate to the audience how 97% of our money supply is created privately through private debt loans and that money creation by banks is an expanding process in which money created by past loans is perpetually recycled, re-loaned, providing an endless supply of new money, building up into a vast infinitely ballooning total of money and debt that eventually renders unaffordable interest repayments, I open up the floor to questions.
Similar questions tend to arise at each presentation. Keep Reading…
simondixon