Banksters Love Cap-and-Trade | The well-placed and well-connected are set to make trillions off new climate bill; economic collapse about to accelerate

The well-placed and well-connected are set to make trillions off new climate bill; economic collapse about to accelerate James CorbettThe Corbett Report   @Apollo Solaris I AM God’s Divine LOVE in Action I AM God’s Divine WILL and POWER in Action. I AM God’s Divine WISDOM and INTELLIGENCE in ACTION. and I intend to bring…

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Nationalize Money, Not Banks | by Herman Daly

If our present banking system, in addition to fraudulent and corrupt, also seems “screwy” to you, it should. Why should money, a public utility (serving the public as medium of exchange, store of value, and unit of account), be largely the byproduct of private lending and borrowing? Is that really an improvement over being a by-product of private gold mining, as it was under the gold standard? The best way to sabotage a system is hobble it by tying together two of its separate parts, creating an unnecessary and obstructive connection. Why should the public pay interest to the private banking sector to provide a medium of exchange that the government can provide at little or no cost? And why should seigniorage (profit to the issuer of fiat money) go largely to the private sector rather than entirely to the government (the commonwealth)?

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