Tuesday, 22 January 2008

One man's depression is another man's consolidation

The current turmoil on world markets, the collapse of Northern Rock, the slide in the dollar, the sub-prime mortgage market etc are not acts of nature. Just as in 1929, these things are driven by those in real power to consolidate their control. This is what happens when you have a privately-owned central bank and a system of fractional reserve banking (fraud). Whenever the market has fallen to wherever the big playas want it, they can stroll in and hoover everything up for pennies on the pound.

We need to change the monetary system.

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