The Daily Bell: Usurious Commercial Banking is Freedom, Interest-Free Government Money is Tyranny

April 10, 2013 § 1 Comment

Real Currencies

The Daily Bell is indeed back: trying to reframe the debate once more. Saying Government money printing is always bad because the Money Power controls the State. There is some truth in this but as always evades the real issue. The elves passionately defend commercial banking while not wasting a single word on usury. But Usury is the ultimate Centralizer of Power.

Morphing the classical Marxist vs. Capitalist dialectic into public vs. private, the elves recently have been trying to regain some lost ground (see here and here). Their latest effort is ‘Real Evil: Attributing Money Creation to the State‘. Money Power controls the State, they correctly note, while ‘forgetting’ the Money Power is the Banking Cartel they are simultaneously defending as ‘free market banks’.

And ‘t is true: the fact that the Government creates a monopoly, only to hand it to the Money Power to milk…

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