[GJM] True or False?

[Rodney Shakespeare]

I do not understand Steve's  question.  For a start, at a meeting on 
Wednesday evening in London,  an American author stated that the American 
banking system creates around 99% of the USA's money supply.

Rodney Shakespeare.
----- Original Message ----- 
From: "Richard Foley" <rerailer at earthlink.net>
To: "Discussion Forum for Global Justice" 
<discussion at globaljusticemovement.net>
Sent: Thursday, October 11, 2007 8:07 PM
Subject: Re: [GJM] True or False?


> Yes.
>
> Richard D. Foley
>
> PS:  But no less absurd than life itself be given only to be
> surrendered in death.
>
>
> On Oct 9, 2007, at 12:02 PM, Steve Consilvio wrote:
>
>> Hi All,
>>
>> I would like ask everyone to answer the following question, with a
>> true or false response:
>>
>> --->  Is it absurd for the government to coin the currency, and then
>> ask for it back again in taxes?  <----
>>
>> I realize some or many of you would like to color your response with
>> an explanation, or to return a question instead, which is okay, but I
>> would like your answer as "true" or "false" as well.
>>
>> I believe that the answer is "true," and that all of our economic
>> problems ripple from there.  There is no policy that can correct an
>> absurdity, except ending the absurdity.  That, of course, is a much
>> larger discussion, but I wanted to get a sense of people's feeling on
>> the premise.
>>
>> True means that it is absurd.
>> False means that it is logical.
>>
>> If you don't want to clutter up the list, then just send me your
>> response directly  off-list, and I will announce the results.  (That
>> would probably be best for those who reply but don't comment.)
>>
>> Use steve at behappyandfree.com
>>
>> Let me add one more thing, so you understand why I ask the question.
>> In theory, the purpose of the currency is to allow the barter of
>> goods and services between citizens.  In reality, most of the barter
>> is between citizens and the government.  The government is the
>> largest "business," the biggest customer, the largest employer, etc.
>> As such, the currency exists for the government, and not for the
>> citizens, as it is intended.   Once this absurdity begins, the rest
>> is just a cascade effect.  Every government has been subject to this
>> absurdity; it isn't just about modern times.
>>
>> thanks,
>> steve consilvio
>> www,behappyandfree.com
>>
>>
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>
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