How we can take stolen profits back from banksters
Richard Clark • OpEdNews.com • September 23, 2010
All of our money comes from debt to private banks — banks that try to make it look like governments are at fault for their countries falling so heavily into debt. The truth is that banks take the profits that could have been used to better maintain the society if only the people’s money was issued by governments through state-owned banks, as was the case, for a time, in both Australia and the US.
What private banks have set up is actually the world’s largest pyramid scheme, in which new people must always be going into debt in order that others obtain the currency they need to function within the economy. Within such a system, total indebtedness must continue to increase in order to provide the money that people need in an ever more productive society.
We need a grass-roots money-reform movement to take banking away from private interests and put it back in the hands of government — initially at the state level and eventually at the federal level too.
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