tag:blogger.com,1999:blog-7530776363222965313.post3190699447203940182..comments2023-10-07T13:16:34.756+02:00Comments on Simon Thorpe's Ideas on the Economy: Th 64 trillion dollar question : How much interest gets paid to commercial banksSimon Thorpehttp://www.blogger.com/profile/02605233720415886802noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7530776363222965313.post-65376497109689731962012-05-04T08:50:19.379+02:002012-05-04T08:50:19.379+02:00Indeed.
I'm working on an alternative propos...Indeed. <br /><br />I'm working on an alternative proposition where the creation of money is in the hands of elected governments, who will be able to decide where to put the money that is created.<br /><br />Simon Simon Thorpehttps://www.blogger.com/profile/02605233720415886802noreply@blogger.comtag:blogger.com,1999:blog-7530776363222965313.post-79808575146331463072012-05-02T13:44:31.271+02:002012-05-02T13:44:31.271+02:00"There can surely be no way to justify a syst..."There can surely be no way to justify a system in which commercial banks are allowed to create money out of thin air, lend the money to governments, and then change colossal interest charges." <br />On top of which they still end up making a mess of it all and squandering the lot; then they have the audacity to squeeze everyone else for more ...Simon Thorpehttps://www.blogger.com/profile/02605233720415886802noreply@blogger.com