How Big Banks Run the World - at Your Expense

[MindMover]

The recent Public Banking conference held in Philadelphia offered a message that is at once so simple - but also so bold - it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance - in ways far, far, far more insidious and powerful than even the latest financial crisis suggests.

To understand what has happened, however, you first have to take a minute to shake a few cobwebs out of your brain about "money" - and how it is created and by whom and for whose benefit.

Money is "created"? Yes, obviously so - or did you imagine there is some fixed pile of "money" some place that exists once and for all and for all times?

Think about it: If that were true, it would be impossible for the economy ever to change and grow. If the "money supply" were not increased over time, the original economy of, say, 1776 - which served about 2.5 million Americans - would still define the amount of "money" we would have to work with today.

http://truth-out.org/news/item/9658-how-big-banks-run-the-world-at-your-expense

[valerief]

1. They're not ruining the world. They're just doing the most important thing in the world--

making rich people richer. That's all that matters. That's why people are slaughtered in wars, lied to nonstop, and tossed aside when they're lost their usefulness. They don't matter. Only rich people who get richer matter.