Money as Debt. - Essay Example

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Money as Debt.

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let the bankers continue to create money and control credit."
I thought that it would be a fitting quote to open up this essay, seeing that I am to write about the financial crisis that is going on in the United Kingdom. What better person's quote to use than the director of the Bank of England
As if people may not know, the world is experiencing a so-called global financial crisis. Everywhere an individual turns; there is talk of job-losses, recession, tough times and times getting harder, no matter which politician or elected official gets put in office. It is as if Charles Dickens' novel "A tale of two Cities" really isn't a tale at all. ...
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Do you ever wonder how one country began to have a financial crisis, then all of sudden, other nations just so happen to jump on the bandwagon or fall into the fold Do you ever wonder how and why so many people are loosing more money and facing more financial devastation more than ever Furthermore, do you ever wonder what the unseen, nearly clandestine individuals who control and implement policies containing to different monetary systems have to say about credit and the concept of money Well, just read this quote which was pulled from a short animated film which can be viewed on entitled Money as Debt.
Author : madalinehirthe

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