Economic ideology is one of the only core differences between the so-called left and right of the political spectrum. And the left and right debate and argue a lot about how to best spend ‘the budget’. And they have all sorts of other rifts about finances, tax, welfare and the national debt. But the thing is — money is made up out of thin air.

Sure, economics is complicated and there are all sorts of checks and balances such as inflation and interest rates. But ultimately, money creation is infinite, and money is simply made up out of nothing. It’s not like what’s in supply is backed by gold sitting in a vault somewhere — those days are long gone.

Everything could be adjusted. So, therefore, it doesn’t take a genius to work out; there is no need for tax, no need for national debts and no need for the constant sense of scarcity promulgated by politicians. Much of the political banter about money is utterly pointless. And the concepts of money and debt are tools used for social control.

For example, politicians will go back and forth debating the costs for health services, education facilities and public transportation. And politicians will argue day and night about how to best approach so-called austerity measures. Cuts will often be made, staff will be made redundant, and services will be reduced — all to accommodate a budget that is ultimately irrelevant. It’s all so silly.

And then, if the government decides it wants to upgrade their nuclear submarines, or they decide they want to start another stupid war — trillions of pounds are suddenly easily found. Hardly any debate occurs. And then the bill ends up being footed to the taxpayer and goes onto the national debt.

No need for taxation

Via forced taxation, the public are being relentlessly pillaged. Taxes on their income and on their purchases. On top of all sorts of other taxes such as ‘national insurance’ and council taxes.

Therefore, millions of people work Monday, Tuesday and often part of Wednesday for the government. The average household in the UK pays over a million quid to the government in their lifetime. And yet, people are offered no real choice on what the government spends their money on.

But due to the way money can be created out of nothing, there really is no need for taxation. Government could simply create the money it requires.

Let’s face it: The tax system is a convenient way for government to control and monitor people — which is why it is enforced.

At the very least, in a legitimate democracy, people should be able to choose what the government spends their money on. However, this is not what we have. And therefore, people should perhaps consider ways to lawfully stop paying tax.

No need for national debts

Furthermore, people are expected to pay off the ‘national debt’ (and interest) that the government creates by giving ‘bonds’ to private investors and central banking cartels in exchange for capital. But the capital ‘borrowed’ by government is typically just ‘credit’ made up out of thin air.

Getting people to pay back money created out of thin air, whilst also charging them interest on this money, is a monumental scam. Again, due to the way money is created out of nothing, there is no need for national debts.

And it’s a never-ending hamster wheel because the way the system is currently run, it is virtually impossible for the public to pay off the national debt, let alone the interest as well. And this is why national debts continue to rise. And it is why entire nations often end up beholden to tiny cliques of ultra-powerful financiers.

*Bonds are known as Gilts in the UK.

Getting out of debt slavery

Under Common Law, many of these bankster shenanigans are unlawful because the ‘debt’ is created using fraudulent methods such as fractional reserve lending.

Historical precedents such as the American Greenback and the Bradbury Pound have shown that interest-free and debt-free money can be created based solely on the integrity of the nation. And this can be done without the involvement of central banks, without the need to sell ‘bonds’, and without causing hyperinflation.

This is the secret that the central banksters and the inner circles of government don’t want you to know about.

© Adrian Connock

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