Outstanding personal debt stood at £1.457 trillion at the end of February 2012, according to the recent UK Debt Statistics. The …
Poverty, Debt and Inequality
'Fiat money' or Gold Standard?
Many people, upon first learning about 'Fractional Reserve' Banking, are drawn to the idea of the Gold Standard. They find out that …
Reducing Debt by Educating about Banking
A new website for education in Money Reform was launched: The James Gibb Stuart Trust is an educational charity, established in …
331 people are declared insolvent or bankrupt every day
Did you know, that... 331 people are declared insolvent or bankrupt every day. This is equivalent to 1 person every 60 seconds …
A Debt Based Monetary System, Export Warfare & Third World Debt
Our debt based monetary system is directly responsible for world export warfare and third world debts. In order to understand the …
Excellent Article on Debt Slavery by Michael Hudson in Counterpunch magazine
Here is a sample quote: "Democracy involves subordinating financial dynamics to serve economic balance and growth – and taxing rentier …
There is Another Alternative to the Cuts and Austerity
For months and months now are the news full of stories of cuts and austerity. We are told that this is necessary and inevitable in …
The Grip of Death
It is assumed by everyone - and clearly by economists - that money is a neutral and accurate medium; that money does no more than reflect …
The Debt Trap Time Bomb
With Britain's households now owing £1.5 trillion in mortgages, overdrafts, loans and credit cards, the day of reckoning nears, …