Monday 9 March 2009

Credit Crunch? What Credit Crunch?

Here's the draft of a flyer I'm going to distribute. I'm going to put them through people's letterboxes like I used to when I was a kid during the anti-Poll Tax campaign. During the 1930's Great Depression many local independant community currencies sprang up in the USA; one is still going: The Ithaca Hour (: I truly believe that this is the solution, not rioting in the streets and lynching the head of the Bank of England, just refusing to cooperate with their oppressive system. I relinquish Copyright on the flyer, therefore if any HPANWO readers wish to use it as a template for their it for their own version then please do so. Even if you're unskilled you'll still have some way you can get involved and contributue to your local economic system, even if it's just babysitting or housework or something. I'm going to charge 7 Oxford Dollars a mile (or Ox$5 per hour) to take elderly or disabled people out in their wheelchairs!:

Credit Crunch? What Credit Crunch?
The economic difficulties this world is currently facing are avoidable. Not only that, they are far more avoidable than you’d think and no economist, banker or politician will ever tell you how. The global money system is a fraud! It is based on artificially engineered debt through fresh-air loans. They literally create credit out of thin air! Most money is not real, it is fake. If we did that we’d be arrested for coining, but the banks get away with it every day! Not only that but the banks are currently being bailed out with tax-payers money, REAL money this time that we have earned, to prevent them crashing. It’s like you or I putting a bet on the horses and being reimbursed by the bookmaker every time we lose! The price humanity has to pay for this scam is monstrous, as we’re seeing, but the money-criminals make sure they’re not personally affected.

So how do we avoid the Recession? Simple: Stop using the fake money of the banking cartels and create our own currency. Some people are already doing this all over the world. They are using what have become known as “LETS” (Local Economic Trading System) whereby local communities create their own independent currency and agree to use it to exchange good and services. Because this currency is independent from the banks it is not subject to the whims and moods of the Global Economic System. Get together with your friends and neighbours and start up your own LETS Scheme!

See here for further information: and and and and and and here’s a completely free ebook!:
For further information please email me at XXXXXXXXXXX


Alex Robinson said...

Wow that's the first bit of financial sense (cents?) I've heard in ages. I'm stunned at the crying that's going on by people who as yet haven't felt even a slight 'pinch'.
Because I don't watch the news its rather strange to hear so much hysterical braying - I just can't help but feel that this is media sensationalism at it's most potent. I've long thought that in a free society there would be many forms of transactional exchange - it would never have been limited to one form.

Thanks for the info about LETS - a great idea.

Al the best

Ben Emlyn-Jones said...

Hi WW,

This kind of community rebellion is the only way to become free. The Elite have bred us to think, wrongly, that we're dependant on their system. We are not and LETS proves this.

Yes, the authorities are using fear of financial ruin, before it even happens, as a weapon to undermine our feelings of security (if we had any left!) I'm also concerned that it could become a type of self-fulfilling prophesy. There are some companies already making redundancies, not because of current economic problems but because of those forecast. BMW is one of them. This lack of "consumer confidence" can result in its own recession.

Alex Robinson said...

What you said about BMW is exactly the feel I'm getting - at work I hear a constant whine from business owners & yet for the life of me I can't see they have even been affected it's all 'future crystal gazing' through the media - I just leave my desk & go elsewhere where when it starts. My friend from Nigeria used a brilliant phrase to describe it he says 'they are crying before they've been bitten'.

Ben Emlyn-Jones said...

A very wise saying. Africans seem to have a knack for proverbs.

BMW's main plant is now in Oxford. They took over the city's traditional Morris' Cowley factory, one of the oldest car-makers in the world. They recently made 850 staff redundant. Because the staff worked for agencies the company just had to tell them to go, no notice, no golden handshake, nothing! We did a protest down at the gates. Hopefully it will do some good.

Zanthodon said...

This is a great idea Ben. I've followed some of your other material on the Ickey website.

Didn't Lincoln try some economic free-thinking too? Some say that's why the banking elite had him 'offed'.

Keep the good ideas coming.

Ben Emlyn-Jones said...

Yes indeed he did! In fact I've written an article on the Lincoln Assassination here:

Thanks for your support, Zanthodon. I'm glad you like my contribution to the Blogosphere. Independent currencies work better the more people are involved. Lets hope plenty of people get involved! It's actually one of these things that is a chain reaction or snowball effect because the more people who join the easier it becomes.

King of the Paupers said...

"Get together with your friends and neighbours and start up your own LETS Scheme!"

Jct: As an original LETS engineer, I remind you to keep in mind that you can start up an online LETS lifeboat for yourself. I did. When local currencies are pegged to the Time Standard of Money (how many dollars/hour volunteer labor), Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. is my rudimentary page I started a decade ago where I recorded those IOUs which still works fine today.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
See my kingofthepaupers youtube channel and don't wait for others to get your own lifeboat online.