I have an innate fear of money and banks. It’s not just the mathematics of economics, which scare me away – because as I don’t mind admitting, I’m terrible with numbers. Nor is it a dislike for the sorts of people who revel in being from the high finance set; the rugger top with corduroy slacks brigade, jollying around Knightsbridge in Daddy’s Bugatti.
The thing which turns me off the most about banking and finance in general, is the elephant in the room making itself all too known in the last few months. Non of the money in our system actually exists. To understand this – and with apologies to readers who already do – I’ve never heard a better explination than the one given here by the author of ‘The Creature from Jekyll Island’ G. Edward Griffin.