The booklet Debt & Deception on the tab above isthe original text which formed this website and the principles remain unchanged. The other tabs above are updated regularly - the latest being the Wolfson Essay on the eventual decline of the euro currency. May 2012.
Debt & Deception is a short, no frills booklet describing how the banking system has come to dominate the life of Joe Public and his democratic government. Written well before the current world banking collapse (but with an updated Foreword). it explains how the banks sowed the seeds of their own destruction and what we could have done to prevent it. For those preferring a quick audio-visual summary just click here and select Banking and Society 2011 - in 3 short episodes.
The Monetary Reform you read about here will not directly effect your personal income or expenditure.It isnot about free lunches, citizens incomes, wealth redistribution or nationalising the banks. It is about economic stability - stopping banks from generating new and unlimited credit and ensuring that all new, additional money does not add to the already unsupportable burden of public & private debt. In future the Newbanks will need to attract much more investment and depositors’ savings to match their loans and overdrafts. Any additional credit they require will source from the Government - not from thin air as at present. It is about recovering money from the private banking system and returning it to constitutional & democratic accountability. It is about real money - as opposed to 'notional' bank credit, and how this would transform the financing of infrastructure and public services
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Read here the genuine explanation of inflation - too long shamefully suppressed by the financial establishment - and also how elected government could once more make financially possible much of what is socially desirable and physically possible. If you have any questions please don't hesitate to send me an e mail (click here) -
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About the Authoor Ron Morrison trained as a chartered accountant in Glasgow but joined the army to complete National Service before graduating. He then joined a specialist construction company and two years later established his own business in acoustics, mechanical and electrical engineering. In the sixties this business extended into the manufacture of acoustic ceilings and new lighting technologies. He sold the manufacturing business to a large public company and started a venture capital company in Glasgow and London specialising in start up enterprises which led to a full time commitment to a marina development business in Cyprus – which terminated abruptly with the Turkish invasion in 1974... Ron retired in the mid nineties having sold the last of his business interests and then cast round for a retirement project. He found this in researching the field of economics, focusing on monetary science and banking – how money comes into existence and how it influences economic and political development. That work continues and he is one of the growing band of international pioneers in the Monetary and Banking Reform movement. Recreationally he is a keen yachtsman – mainly around the islands of the West Coast of Scotland but also in the Mediterranean and Adriatic. In earlier days he was an amateur racing driver of Jaguar E types & Cooper-JAPs and drove a Mini-Cooper to win the Scottish Touring Car Championship back in the sixties. He lives in Helensburgh, Scotland with his wife who is a keen artist.
Scottish Enlightenment for the 21st Century 