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In Islam this crime is punishable by death. We infidels look up to bankers as being cream of society.
We in West are so rich that we can easily borrow money to service our debts. We just accept more credit as a loan. It is rare for our poor to starve to death. They become slave labour without really knowing they are enslaved.
One hideous result of this credit based economy, is fact that value of our currency is pure guesswork.
The value of money is a gamble. Casinos come into existence called money markets. Insiders cream off billions of pounds for themselves, without lifting a finger to contribute to creation of wealth they misappropriate.
With National kitty robbed in this manner, lowest stratum of our society becomes impoverished.
We need Monetary Reform and that will eradicate poverty from whole world. It is very simple, instead of allowing banks to create money by laundering credit, we restore to Government, sole right to create and issue new money and instruct Government on how to do this correctly, so that there can be no resulting inflation.
It seems to me that Medical Profession which is in business of saving life and reducing suffering, should lead world out of trap of poverty and death from starvation and preventable disease. Because it can be done, it must be done. Let us lead way into a new Golden Age of Economics, in which superabundance of what we can produce is properly distributed and not allowed to waste for lack of money, which like poverty is man made stuff.
We have as much money or as little money as we choose, do not choose so little, that people live and die in poverty.
www.monetaryreform.org
Dr Hamlyn is a founding member of the Royal College of General Practitioners, a veteran of WW II, retired farmer and practicing medical doctor. He is a prolific and articulate voice on the subject of monetary reform.