Quote of the day 10th December 2015

I have not been able to discover who put these "Ten commandments of Logic" together but am indebted to Quentin Langley for sharing them with me.

Comments

Jim said…
The first simple logical argument i would ever make, is that it is not logical to give the power to create an endless supply of debt based money to banks. (as they have right now). Nor is it clever to give this power to politicians.

this power needs to be accountable, controlled and transparent.

10:32 am
Jim said…
I will admit when I am wrong, and further research has led to the fact I was. I was completely wrong. Banks do not use the Money multiplier method i thought they did. they dont just take base money and further mutiply it by lending. they just lend forth with.

https://www.youtube.com/watch?v=SkAzDrrKkME
1:00 pm
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