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Wednesday, 10 September 2008
The town of Lewes in Sussex has launched its own currency. It is designed to be used in parallel with the British Pound. What is important is that the paper currency will be issued by the Town Council - and not by the Banks.
The Banking system is a fraud wherein money is created out of nothing, put into circulation as debt, and repaid using real tangible property when debtors default. The usurious system is designed to consolidate wealth (real wealth) in the hands of the self-chosen financial elite, at the expense of the impoverished masses.
Lewes Council have taken a brave step in issuing their own currency. This is a small step, but a significant one. This has been done before to great success. A good account of how a currency can be issued debt-free as social credit for the benefit of the ordinary people, is available in the booklet 'The Guernsey Experiment' by O & J Grubiak (available from Final Conflict). Lewes Council are to be praised. Let us hope that they keep their currency away from the grasping hands of the Banking industry. This little step offers us all hope.
Bravo Lewes
Labels: Economics