Please revive the debt-money discussion angle

Started by Helphand, October 18, 2010, 01:36:36 PM

Previous topic - Next topic

Helphand

We've got the repossession blowout in the USA, sovereign defaults in Europe, the UK's imminent Spending Review with projected 25% cuts in public spending over 4 years and Gary North, shill of mises.org, criticising Ellen Brown's book Web Of Debt for some minor error (the fact he has spotted so little in error in a book of that size is testament to its having beeen well reseached).

Also the Bank of England Bill has been introduced "to stop fractional reserve banking":

http://www.positivemoney.org.uk/2010/09 ... e-banking/
(Not yet reviewd so if anything obvious wrong with it please shout).

Methinks it's time for either a TFC or TIU heavy duty banking forum update discussion, maybe like that TFC did a few months ago. This stuff is weighty so a time limit of 1hr max. is suggested.  Participants: the ones from last time including Pidcock and maybe Bromsgrove Group people, spokesmen for the BoE Bill ... others?

Helphand

Further nag - not only about the Bill before UK Parliament about abolition of fractional reserve banking (for 'giro'/earmarked deposits) but also because in particular Pidcock has not been on for 3 months and it would be nice to hear if he EVER got a reply to his letter from Clegg/Cameron!?