If Phil Murphy wins the New Jersey governorship and succeeds in establishing a New Jersey state-owned bank, expect a wave of public banks to follow, as more and more elected officials come to understand how banking works and to see the obvious benefits of establishing their own.
Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on November 7, the nation’s second state-owned bank in a century could follow.
A UK study published on October 27, 2017 reported that the majority of politicians do not know where money comes from. According to City A.M. (London) :
More than three-quarters of the MPs surveyed incorrectly believed that only the government has the ability to create new money. . . .
The Bank of England has previously intervened to point out that most money in the UK begins as a bank loan. In a 2014 article the Bank pointed out that “whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.”
egular readers at The Oneness of Humanity are likely more informed on the topic of monetary reform and public banking than the average citizen… It’s easy to say that as there are over 160 postings in the Money and Banking category on this site. This post will serve as a tune up of sorts for regular visitors and as an introduction for those who are 1st-time visitors or unfamiliar with our content.
We are always thankful to come across others’ serious studies related to this important, yet greatly neglected subject, and with gratitude share the following 1-hour work (one of a 4-part study) from American academics Carl Herman and Jim Fetzer.
Given the clearly tremendous importance of money on Earth, as an issue of scientific and/or academic study the subject of money is perhaps best described in practical terms as esoteric or somehow hidden from the majority. Unfortunately, the level of knowledge on monetary science is extremely low among the populations of all countries – commonly perceived as an arena reserved only for intellectually gifted, very small groups of men and women, whom also possess and utilize supernatural financial powers.
The general societal perception when it comes to banking, monetary reform, “high” finance and economics is an image of “hallowed, sacred ground” walked upon by only the so-called elites or .01% elect of the human race. One of the few things in life people are reasonably sure of is change or constant evolution, and it is occurring in a big, positive way as planetary awareness about money science grows.
Thankfully high quality teachers like Carl Herman, Jim Fetzer and others are making good efforts to fully inform men and women using easily understood teaching about this vital topic. There are more new-paradigm developments for which people can feel thankful, in particular the rapidly growing interest in these subjects of study around the world.
For those new to this site and the subject of monetary reform, gather paper and pen for taking notes. Class is ready to begin…
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(From the introduction to Part 2…)
Carl Herman is a National Board Certified Teacher in Government, Economics, and History, also credentialed in Mathematics. Jim Fetzer is the McKnight Professor of Philosophy Emeritus of the University of Minnesota Duluth; Founder, Scholars for 9/11 Truth; Editor, Assassination Science; and Co-Editor, Assassination Research.
Jim and Carl contribute nearly 100 years of academic training and professional experience in this four-part series to reveal among the most obvious lies of omission and commission keeping Americans ignorant of ongoing .01% U.S. rogue state empire.
Jim and Carl factually assert an Emperor’s New Clothes condition that Americans can easily see for themselves, if they care to look.
Part 1: U.S. illegal: History as a rogue state empire
Part 2: Enslaving Americans with debt: Basic math to see the problems and obvious solutions (video posted below, find Parts 1, 3 and 4 at Carl Herman’s channel)
Part 3: U.S. public education: Bullshit to train stupefied work animals
Part 4: Practical philosophy for virtue and a future brighter than we can imagine
Palestinians are at the heart of the conflict in the M.E Palestinians uprooted by force of arms.. Yet faced immense difficulties have survived, kept alive their history and culture, passed keys of family homes in occupied Palestine from one generation to the next.
This blog is devoted to legal, historical and human rights matters, in which issues of general concern are addressed freely and spontaneously. It is intended to further an informal exchange of views in the democratic spirit of freedom of opinion and respect for the opinions of others, in an effort to understand rather than condemn, to propose constructive solutions rather than grandstand. The perspective is both from inside and outside the box and the added value lies more in the questions than in the answers.
egular readers at The Oneness of Humanity are likely more informed on the topic of monetary reform and public banking than the average citizen… It’s easy to say that as there are over 160 postings in the Money and Banking category on this site. This post will serve as a tune up of sorts for regular visitors and as an introduction for those who are 1st-time visitors or unfamiliar with our content.
THE ONENESS of HUMANITY 