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Informative Articles

An Open Invitation To Frustrated Forex Traders That Desire Unlimited Success In The Market - Part 1
Why does one Forex traders succeed and another fail? What sets the winners apart from the losers? Well, you won`t be surprised to know that there are certain characteristics that all successful Forex traders share. While many investors...

Ask for more - you may get it!
As a purchaser, do you push suppliers on price alone? OK, it is a fair tactic when so many sellers will give in, but does it lead to long-term gain? What other ways could you get a better deal for your organisation? Maybe extended credit terms or...

Currency Trading - An Introduction
The simplest definition of currency trading is the practice of exchanging one country's currency for another country's currency. Basically, currency trading involves four main variables: currencies, exchange rate, time, and interest rate. The...

Forex trading can be like day-trading
Forex trading, or foreign currency trading, has become a bit of a craze of late, especially since it is something available to anyone who owns a computer. And anyone who is willing to put in some training time can profit from forex trading. The...

How Bollinger Bands Can Tell You What The FOREX Market Will Do Next.
In Forex trading as in all other speculative activities in the capital markets there is a major problem that all, new and experienced traders, will face every time they open their forex trading stations. This is, how to predict the behavior of...

"How To" Start Trading The Forex Market? ( Part 2)
Why is FOREX trading so popular? Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection). If you have or like to travel, take your...

Mazu Review
The most successful online program is finally here. I am sure you have heard by now of e-currency trading. If you haven't it's definitely something worth taking a look at. Currently the Mazu E-currency Exchange Program is among the leaders in...

My Most Recent Experiences About E Currency Exchange Trading
You keep hearing about this money generating model that takes no marketing or selling, merely 60 minutes a day (at the most) and no genius skill. I have to see it to believe it! At the least that was the 1st feeling for any person that...

Poor Man's Access to Foreign Currency Trading
By far, the largest trading market in the world is the foreign currency market. Speculators make up only a small part of the spot (cash market) and forward (futures market) currency exchange transactions. So if you are considering speculating...

Stocks Or Foreign Exchange - Which One?
Many people would like to invest in stocks or Forex but are not really sure of the difference between the two and don't know which is the right choice for them. There is little doubt that there are many options out there for you. But, it is hard...

 
 
 
A new and better way for Pensions

We are told that the pensions crisis is due to our living longer than politicians' desire and having too few young people working creatively.

The truth is a bit different. The Government now provides useless and destructive employment for a vast army of bureaucrats, in order to make the dole queues look small. We have fewer and fewer people working to produce what we need. Those productive people, are working harder and harder and producing less and less. At the same time, people are able to buy less and less, without going into debt.

Nevertheless the chosen productive few, work so well that vast surpluses, which they can create, will not sell and only earn for those workers so little, that saving is impossible.

A failure to observe reality and instead, to succumb to political propaganda, allows us to believe that we had best not grow to full maturity, but to retire from the game of life, nice and early.

The pensions crisis looks very real and looks quite lethal.

Fortunately we can, if we wish, observe reality and take notice of how our Statesmen should behave correctly.

Our Statesmen have become experts at getting things wrong. Their biggest crime is to devise a corrupt and unworkable Monetary System.

Our Statesmen agree amongst themselves, that ordinary mortals cannot be trusted with the task of creating and issuing the currency. They know for certain sure, that if they were to undertake this task, they would over create and give us all, runaway inflation.

As Denis Healey, the then Chancellor of the Exchequer, once told me, "Doctor Hamlyn, I have never understood money and I never shall".

It is no good expecting those who have never understood money, not to create trouble for pensioners. Likewise trouble is not necessary and we can handle, a seeming problem, merely by

 


understanding money.

We need to understand money, because when there is a difficulty with understanding money, the creation of new money gets handed over to the experts. Politicians have given the bankers, that responsibility, believing that being experts at making money, bankers are the best people to create new money.

Bankers actually make money by lending money, therefore it comes very naturally to bankers, to lend new money into existence.

Governments allow bankers to issue new money as credit.

New money is now created by individuals and by businesses accepting credit as a loan and then the law states that money is owed.

It is new money which is owed, new, because it was credit before being accepted as a loan.

Individuals, businesses and nations get ever deeper into debt as a result of calling credit money.

If you stop and think, you will realise that it is impossible to save credit, or to salt credit away in a pension fund. New money, which is actually credit in disguise, gives us debt as our currency. Fair trading is impossible when the currency is debt. Fair Trading is replaced by commercial warfare.

We call it a rat race, which is a race which can only be run before you retire. Once you retire you automatically become a loser in the rat race. But you can do something about it. Get your M.P. to attend one of my seminars, so as to understand money and relieve the bankers of their burden. Then we can have real money as currency and manage without debt.

There is life without debt. But without money we die.

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