War Without End

Archive for the ‘Bank of England’ Category

The Lisbon Treaty, that rehash of the EU Constitution. I don’t know about you but apart from threats of economic meltdown if we don’t sign, here in the UK I haven’t heard a single argument from any politician of any major party explaining the benefits and costs of our ever closer integration with Europe.

As for the economic meltdown, look around you. It’s here anyway, is Europe going to rescue us from the global mess created by the bankers? How, by handing total independence to the bankers? By allowing the banks to operate without the fussy interference of our (allegedly) democratic representatives?
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What is money? Most people I ask tell me it is a measure of wealth and I once thought along the same lines until I started taking a closer look at the history of the pieces of paper and shiny coins that constitute our currency.

Have a watch of the video below. Taken from an American perspective but just as applicable to our economies in Europe, it’s lengthy (sorry, but there’s a lot to cover), and stuffed full of historical references that trace the evolution of money through the centuries and up to the present day. But it’ll keep you engaged and, apart from the narrator’s irritating habit of jabbing his pencil or finger at the viewer all the time, it’s an easy watch.
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