Whose Age Of Austerity?

As I write these words, there have been mass protests and riots in the streets. Earlier in Greece, in Central London -- where students and schoolchildren joined the fray - and most recently in Ireland. Everywhere, ordinary people are being told they must tighten their belts and prepare for a new age of austerity in order to service the debts which are owed to the banks of the world. The banks created these debts out of thin air, but ordinary people, small traders and businessmen have to "repay" them with money earned by the sweat of their brow.

Over the past year or so, the Bank of England created around £200 billion by a process known as quantitative easing -- a fancy name for printing money, or in this case "printing" it electronically. Now here is a question: if the Bank created this money, where has it all gone? Not to students for their loans. Not to build the new sewer that West London desperately needs, nor the new trains the rail networks need. Not to the wind farms this country will have to rely on when its rapidly depleting fuel reserves run out. The same story is repeated in Ireland, across Europe, and even in the United States which can afford to fight wars in both Iraq and Afghanistan but not to house the impoverished people living in "tent cities" all across that once great land.

The banks have as good as ruined this country, and are continuing to plunder Britain, Europe, America and the rest of the world. There is no age of austerity for central bankers; they continue to "earn" telephone number salaries while their brethren in the commercial sector continue to be paid astronomical "bonuses" for mismanaging the wealth of nations safe in the knowledge that when their schemes go belly up, the taxpayer will pick up the tab while the people who are supposed to be running the country and the world: Nick Clegg, David Cameron, and even Barack Obama, simply nod their heads in spineless compliance.

It is time for all of us to say enough is enough. Please join the movement for debt-free money now.

https://www.financialreform.info/

https://www.ccmj.org/
https://forumforstablecurrencies.info/
https://prosperityuk.com/