Banks need Boundaries! Banken in die Schranken!

Banks need Boundaries!

It seems, the only thing crisis-proof is crises themselves: dot-com bubble, Asian crisis, sub-prime, debt conundrum, and now the euro. There's no lack of suggested solutions, but rarely do they take into account the essential question "Where does money come from?"

To quote our promotional e-mail, "one must penetrate to the heart of the problem by distinguishing the symptoms from the cause. There is no lack of renowned experts who predicted the crisis and have identified alternatives."

A famous banker reportedly said "Give me control of a nation's money supply, and I care not who makes it's laws." Our Democracy has a blind spot, and it's called "Balance-sheet extension." Archimedes: "Give me a lever long enough (...) and I shall move the world."

It's unfortunate that we've all heard about hyperinflation in Zimbabwe, but are not taught in school about how money is created and destroyed. It's time to break the taboo, and p.s.: to debate parallels between today and late Weimar Germany. Too scary for words?

When the former Governor of the Bank of England says things like "Of all the many ways of organising banking, the worst is the one we have today." - It's time to dig deeper and review the big picture! Too-big-to-report? Or just too entangled over details?

Remember, there's no such thing as a stupid question! The image of money as a monster-beyond-comprehension is a powerful lie! What has been suspected for a long time is now proven and beyond all doubt. Plus we have the tools to fix it.

Our biggest challenge is to spread the word in interesting ways, without excessive jargon or negativity. A general lack of interest is the banksters' greatest asset.

by Michael K for Banks need Boundaries!

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