Lifeboat Foundation

Godfrey Bloom is a member of the British Parliament. His in-your-face style of educating and shocking his peers has made him a controversial politician. He has occasionally been escorted out of the assembled parliament because of his rowdy rhetoric.

Consider the video below. Bloom offers a critical, but simple and clear explanation of the Fractional Reserve banking system used in the US and Europe. This gets to the heart of the matter! _{[continue below video]…}

Conclusion (mine, and not Mr. Bloom’s): It is in the interest of governments to use a form of money that they cannot manipulate, print, spend, hide or lend without first earning, taxing or legitimately borrowing — and then balancing the books, openly.

Continue reading “Would an ethical government surrender control of monetary policy?” »

“Lloyds Banking Group Plc said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies.”

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“Former Executive Secretary to UNFCCC, Christiana Figueres has laid down a challenge to UNEP FI’s banking members, and the wider finance industry to increase their allocations to low carbon investments to avoid a 2 degrees scenario. Watch her recording which she made for participants at UNEP FI’s Europe Regional Roundtable on Sustainable Finance which took place in October 2017.”

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