Google
 

Saturday, May 15, 2010

US faces same problems as Greece, says Bank of England


It does; a private central bank issuing the public currency at interest. The very nature of such a system guarantees that the debt to the private bank will always exceed the available money supply, enslaving the people and their government to that bank. By any reasonable definition, a private central bank issuing the public currency at interest is a pyramid scheme, doomed to collapse when it becomes impossible to draw more borrowers into the bottom to prop up the top, which is exactly what is happening right now.

No comments:

Parking Tickets

Parking Tickets
Can I pay my tickets here?

Let 'em Hear it

Add to Technorati Favorites

Gottcha, scofflaw

Gottcha, scofflaw

Hottest T-Shirts on the Web

Favorite Scofflaw Movies

  • The Godfather
  • The Usual Suspects
  • Dirty Harry
  • The Good, The Bad and The Ugly
  • The Treasure of The Sierra Madre
  • The Long Good Friday
  • Pacific Heights
  • Midnight Cowboy
  • Highway61
  • Duel
  • Catch Me if You Can
  • Glengarry Glenn Ross