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Tag Archives: fiat currency

The Root of All Evil

In the millennia prior to the creation of modern finance, everybody knew that money was the root of all evil. Most religions bracketed the sin of usury – charging interest on money loans – alongside murder. Usury was so ruinous of individuals and civilisations as a whole, that periodic “debt …

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How the Tories’ magic money tree works

Tory #magicmoneytree

As the British general election enters its final week social media users have been bombarded by Tory trolls using #magicmoneytree to imply that Labour cannot be trusted on the economy.  The irony here is that the majority of Tory MPs and almost all of their non-banking supporters are entirely ignorant …

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