Economy being poisoned by banks. Greed is good they said smugly as they wrecked the World economy
Let’s cut through all this economic technobabble and get to the point. It is desperately simple and is needed in order to discover what the root of this economic problem really is and give us a clue as to how to tackle it.
– Nearly all people capable of working really, really, ‘want’ to work both for the psychological benefit and the financial reward so they can go and buy what they wish to buy.
– Broadly speaking, it is a fact that overall consumer demand is theoretically entirely unlimited and insatiable.
– Everyone, generally, wants more and more; and when they actually have more, then they want yet more. There is no limit to the amount of work needed to make the World a better place and reach beyond it to the stars.
– With this unlimited, insatiable demand, there is no limit to the amount of goods & services that could be produced to satisfy the inexhaustible demand – if that demand is gainfully employed and receiving proper financial reward for it.
So what stands in the way of this happy way of things ?
It isn’t the workers, most of whom who would work like dogs if adequately rewarded. and working like dogs for proper reward would have an ever increasing ability to spend their wages to buy the manufactures of all the other busy workers.
No, it is primarily entirely caused by the banks venal and even fraudulent manipulations of the financial system, over which they seem to have been allowed complete control by ignorant, feeble and weak governments who haven’t got a clue what they are doing.
The banks have consequently persistently devalued the entire system of currency by their breathtaking greed. The banks issue virtually all the money in existence and therefore have total control of it. They use that control to milk the entire working population for the exclusive and excessive profit of the banks.
Put simply, if every business and every individual had no debt at all, and all the money they possessed was owned entirely by them without it being issued by the banks, the entire World would be an infinitely more prosperous place.
This whole economic crisis can be solved by taking control of the currency completely away from the irresponsible, greedy, dishonest, and venal banks who artificially force everyone else into the never ending servitude and serfdom of debt.
Just observing how the UK national debt has exponentially soared from 29% of GDP in 2002 to 37% in 2007 to an eye watering 148% of GDP now – if you include all the bank bailouts – is a big fat clue.
The dishonest greed of Lehmans Bros bank very suddenly causing the first economic crisis of 2007/8 (currency stoppage & general Worldwide currency logjam making currency instantly unavailable for commerce, causing said commerce to start seizing up) is clearly the trigger for what is also happening right now – which is more of the same; also simply caused by banks hoarding currency and refusing to issue or release it into the working and manufacturing population. The simple result is – commerce just seizes up and poverty ensues. It’s really easy to understand.
The banks are making less and less money available so viable business’ go bust and workers no longer have wages to buy the goods. But both the workers want to work and the manufacturers want to manufacture.
It is just that the banks get in the way of both those good intentions.
The banks need dealing with immediately. They are poisonous and mostly the exclusive cause of all the economic problems the developed World faces.
Over to you Mr Cameron. Have you lot in Westminster got the guts to do it ?