Letter to the Editor
It's heartbreaking that increasing numbers of people suffer from poverty and homelessness. But the debate on this issue is not honest. Indeed, the most important fact is never discussed or included in analysis of the economic challenges facing us as a society. And that fact is that the private banks control the money supply, a power that should be held by our government.
The solution to poverty is money reform. Presently, all the electronic money that is loaned by private banks is brand new money, it's not someone else's hard-earned money. Banks don't lend deposits. Yet, it's all debt and if anyone is wondering why there's so much debt in the world they need look no further. We need full disclosure of these facts.
The solution is simple and straightforward. The government must assert its authority over the economy and end the private banks' monopoly over the money supply. Then we can make a great start to ending poverty and inequality. But someone has to start telling the truth about money and banking."
As of now, this letter hasn't been published though I sent it in four days ago. It may yet but I won't be surprised if it doesn't because this letter is a challenge to the prevailing dogma. In the corporate media, it's rare to see any mention of the truth about where money comes from. As money reformers, we must be relentless in pointing out this truth. Tell everyone.