The Turf War To Issue Currency
February 9, 2018 Leave a comment
To be able to issue currency or determine what passes for money and on what terms, is the ability to impose your will on others and settle deals in your favour.So small wonder that governments, bankers, billionaires and would-be-billionaires see the benefit in fighting to issue money. Go back to history and you see kings have issued currency, bankers/ moneychangers/ money movers and central bankers have issued currencies and then again desperate societies have often come up with tokens for use amongst themselves…………The same old game is playing out again.
Following speech is a sample of a banker trying to ally with state power to squish private money issuers. Read the arguments,file them away for future reference. If you hear these arguments repeated in the media, know them for the propaganda they are. Are they all rubbish arguments? NO. But neither are they the whole story. And passively swallowing them doesn’t serve your best interests. Read more of this post
Queen Elizabeth I(right) ruled England in the 16th century.She succeeded her father King Henry VIII, her half-brother King Edward VI and her half -sister Queen Mary I who ruled before her. Between them, her two predecessors King Henry VIII and King Edward VI had completely destroyed the Pound by debasing it till there was very little silver left in it. Queen Elizabeth,who was very ambitious for England was hampered by a weak Pound so she sought the help of Sir Thomas Gresham(left),a merchant,to solve the problem.
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