Why can't the British government through its Treasury issue debt free, interest free money?
Based upon the wealth, the common wealth, of this country – worth trillions, why do our politicians go straight to the private bankers, the Rothschilds and the like, who create money completely out of thin air...just figures on a computer screen! And when this is received by our government, we, as taxpayers, start paying the interest which is currently costing the British people at least £125,000,000 a day, or £44,000,000,000 a year?
It's because in the current economic system, were the British government to start printing money, inflation would increase. Any benefit from doing it would be offset by the increased prices of everything. Unfortunately these days bankers, investors and "the markets" rule the world, and it's an easy just another way they make money!
by jerryl 8 years ago
Millions of people do not understand that we have a debt monetary system.The actual creation of money (always) involves the extension of credit by private commercial banks.This means interest bearing loans, so all M1 money in existence is debt. There is never any money created to pay the...
by Kathryn L Hill 4 weeks ago
"We are bad, we are miserable. We are to blame for many problems all over the world and throughout history." This is probably the message that kids are being taught by their teachers in public schools and young adults are learning from their professors in colleges and universities across...
by SEXYLADYDEE 5 years ago
Abortion is a moral, religious and health issue. Why is it in the middle of the political arena?What happened to the separation of state and church? Why is this issue being used as a smokescreen blinding those who can make a difference in our economy. Jobs, food on the table and keeping our...
by Susie Lehto 15 months ago
What do Germany’s Angela Merkel, France’s Emmanuel Macron, Italy’s Paolo Gentiloni, Great Britain’s Theresa May, Holland’s Mark Rutte, Sweden’s Stefan Löfven, Scotland’s Nicola Sturgeon, and European Commission’s Jean-Claude Juncker all have in common?The first is they are all...
by My Esoteric 3 years ago
It just occurred to me, and I wanted to record it before it slipped away again, that there are two types of Capitalism; Theoretical and Practical (Duh!) What I also noticed is that the endless debates about capitalism between the Right and the Left go on and on, into infinity without each...
by lady_love158 7 years ago
http://www.speaker.gov/blog/?postid=240654We need to cut trillions not billions and unless we do we should not raise the debt ceiling! Obama is spending 4 trillion dollars a year even though historically revenues don't exceed more than 20% of GDP which for now is less than 3 trillion. That means we...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|