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| Mar 05, 2010 3:13 am |
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re: re: Economic Capture - Money Power in the World |
Thomas Holford
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James Booth sayeth:
> *Money Power* as I am using the term here is a force "above and beyond" what we think of as "government" but a power which largely usurps legitimate government through corruption of "elected" (selected) officials and of the very *election* process itself, then continues to have its way through the "obligation" of those same corrupted officials it has brought to power, and whom it maintains in office to maintain its own power, a power which is never equal to or greater than the *Will of The People* except that the "promise to pay" at every instant offered by Money Power is an enticement which keeps The People "in line" while suffering illusions put forth by that same *private* "power" which in most modern states *creates and emits* what we today accept as our "money".
Interesting and suggestive. But too many dots and not enough connections for me to grasp.
I'm currently reading Murray Rothbard's "History of Money and Banking in the U.S." and I can say that at least through the Continental era, the various states seemed to have tried every hare-brained scheme imaginable to create "credit" and increase the money supply and to float paper money and depreciate currency.
I'm sure that by the time I finish the book I'll be totally discouraged about the possibility of ever having a trustworthy monetary system.
I have heard bits and pieces of speculation and suspicion about the vague forces you designate as the "Money Power". But I'm sure that there have been no shortage of people over the decades who have taken a stab at documenting and explaining the "Money Power" with specificity.
Can you identify any books or authors who have written seriously about the "Money Power"?
T. Holford
Private Reply to Thomas Holford (new win) |
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