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How have West Country Homes moved up market so far, that they
are now out of reach?
It is a direct result of the credit industry, placing a tide
race of money, between the swimmers and their objectives.
The torrent of money created out of credit sweeps homes out of
reach.
The apparent scarcity of homes is as real as the torrent of
money which cuts us off from what we need.
How does the credit industry create a tidal race of money. Very
simple, but seemingly so complex as to be incomprehensible.
Here is the simplicity. It is now legal for any financial
institution, to have access to an infinite source of credit and
to turn that credit into money, by getting it borrowed.
The instant that credit is accepted as a loan, the Law states
that credit is now debt, which is money owed.
That statement is unbelievable and what cannot be believed,
cannot be understood. The tide race of money is an impassable
barrier.
Having access to an infinite source of credit, we out bid each
other for a home and homes go up market so far, we cannot have
them.
It seems obvious that homes have become terribly scarce, because
we measure the scarcity by the length of queues at the doors of
the council offices. People wanting somewhere to live.
Gordon Brown slides the price tag on homes, out of the sight of
the inflation statisticians, for the simple reason that it must
not be known, that newly laundered money will rapidly find its
way into Gordon Brown's coffers.
Gordon Brown can boast and brag at the economic boom over which
he presides.
We are looking at fraud, born of ignorance and pride, riding on
a wave.
It will be interesting to perceive the wipe out.
About the author:
Dr Hamlyn is a founding member of the Royal College of General
Practitioners, a veteran of WW II, retired farmer and practicing
medical doctor. He is a prolific and articulate voice on the
subject of monetary reform. www.monetaryreform.org
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