Год выпуска: 2012 Автор: Ken B Yeomans Издательство: Страниц: 106 ISBN: 0980841100
Описание
The Light Yoke debunks the major myths of banking and reveals a solution to the debt crisis. The solution revealed is literally in everyonea??s best interests. The Light Yoke shows how to remove the heavy yoke of bank debt by making dividend payments to all citizens and expanding consumer subsidies. The analysis includes published information from the USA and the Reserve Bank of Australia and current population figures with web links. The cost burden of servicing bank debt becomes a heavy yoke on all societies that accept commercial trading bank credit as a valid addition to their money supply. In 1978 the Bank of New South Wales revealingly published that: "All money is a debt of the banking system.a?? In other words, the commercial trading banks create and issue all money. They claim this new money as their own and lend it at interest to borrowers. We are in effect using a rented money supply and under current practices, there can be no end to the accumulating debt. ...