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An Advance on Money LaunderingIt is possible at the present time, to actually create new money out of thin air, without being accused of forging or counterfeiting money. It is a highly profitable business and is a practice, which could be called credit laundering.Turning credit into money has infinite possibilities, because there is an inexhaustible supply of credit. Credit can be created merely by tapping the keys of a computer. All you need is a licence from the government to do so. You can obtain such a licence by becoming a bank. It is one of the perks of the job. There are rules to be obeyed, so that you do not turn credit into confetti, instead of into money. The ability to launder credit and turn it into money, does give you enormous power, because money can buy you anything, when you can pay for it. If you think this is a fairy-tale, then I can show you three letters. One from the Policy Directorate of the Labour Party, one from an MP who was a Treasury Secretary, when she wrote the letter and another from the Office of Fair Trading. Each letter is different, with a different date and they are each written years apart. They all say the same thing. They say that private banks are permitted to create and issue new money as credit and that this practice is perfectly acceptable. Politicians and even Ministers of the Crown, are not permitted to launder credit in this fashion. Nor can the Lords or the Judges. Whosoever creates and issues a Nations currency, has total power, control, dominion and sovereignty over that nation. We do not live in a democracy, we have a financial dictatorship. www.monetaryreform.org
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