The Bradbury Pound
The Bradbury pound was to prevent the run on gold and unlike other bits of paper issued by banks you could not exchange a Bradbury pound for gold. Also you had to pay no interest on your debts or “credits.” Remember banks issued paper money as a way of extending credit to a business and that bit of paper you had to pay interest on for borrowing the money. These bit of paper could be sold or given in the exchange of goods and services – but could always be presented to the issuing bank and exchanged for gold and silver – less interest on the debt.
A Bradbury Pound had no value – not based on gold and with no interest payments for the lender and borrower. It came to be the basis for the pound notes in our pockets today – worthless. We exchange bits of paper for goods and services but that bit of paper can only be exchanged for more bits of paper – of course you can buy gold and other assets but it has no intrinsic value or worth.
Some people want the return of the Bradbury Pound. Why? The fact is that every financial instrument be it a Cash instruments – instruments whose value is determined directly by the markets. They can be securities, which are readily transferable, and instruments such as loans and deposits, where both borrower and lender have to agree on a transfer or Derivative instruments – instruments which derive their value from the value and characteristics of one or more underlying entities such as an asset, index, or interest rate. They can be exchange-traded derivatives and over-the-counter (OTC) derivatives.
Alternatively, financial instruments may be categorized by “asset class” depending on whether they are equity-based (reflecting ownership of the issuing entity) or debt-based (reflecting a loan the investor has made to the issuing entity). If the instrument is debt, it can be further categorised into short-term (less than one year) or long-term. Foreign exchange instruments and transactions are neither debt- nor equity-based and belong in their own category.
Your banking “services” pay-check overdraft loans investments and savings – mortgages insurances have all one thing in common that is “Interest.” Interest is money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt. Those that would like to see the introduction of the Bradbury Pound would claim that no “interest” would be charged for money that is borrowed. The currency would be interest free. The banks and money lenders those jews that control ALL our money would not be very happy. In one move people’s debt could be reduced by as much as two-thirds and 100 per cent of the wealth of jews would vanish over night. If you had a zero inflation rate they money in your pocket will not change in value. Of course the banks could restrict money supply causing price rises – or flood the market – but if one closed all banks and had one bank that had a “no interest currency” we would have a very very stable economy no fluctuations no devaluations and no inflation.
The UK is the second largest economy in Europe – yet impoverishes it’s people causing untold misery and suffering and the cause of many unnecessary deaths. Following the UK’s decision in June 2016 to leave the European Union, commonly known as Brexit, the pound sterling fell to a 31-year low against the United States dollar, and consumer confidence fell sharply, as did the Purchasing Managers’ Index.The Bank of England responded by cutting interest rates to a new historic low of 0.25%. The Bank also bought £60bn of UK government bonds and £10bn of corporate bonds, taking the amount of quantitative easing since the Great Recession to £435bn.
The previous 10 years had been the worst decade for real wage growth since the 1860s. Mark Carney, Governor of the Bank of England, described it as a lost decade. Productivity was 16% below the long-term trend, and the recovery was still very unbalanced, with consumption accounting for 100% of growth in 2016. Households ran an unprecedented deficit of 3% of GDP.Unemployment continued to fall, resulting in a 42-year low of 4.4% in June 2017, while real earnings also fell due to rising inflation.
In October 2017, the ONS revised the UK’s balance of payments, changing the net international investment position from a surplus of £469bn to a deficit of £22bn. Deeper analysis of outward investment revealed that much of what was thought to be foreign debt securities owned by British companies were actually loans to British citizens. Inward investment also dropped, from a surplus of £120bn in the first half of 2016 to a deficit of £25bn in the same period of 2017. The UK had been relying on a surplus of inward investment to make up for its long-term current account deficit. A widely anticipated improvement in the UK’s trade balance on the back of a weaker pound failed to materialise as of Q3 2017.
A fact worth considering in the light of today’s Conservative government actively involved in murdering it’s own population is this fact: The total net worth of the UK was estimated at £8.8 trillion at the end of 2015. This was equivalent to an average of £135,000 per person or £327,000 per household. Ask yourself why so many live in poverty? Why the destruction of the National Health Service? The UK economy is only growing because we are borrowing more and more money and servicing a greater amount of debt and paying out large amounts of interest in that debt. The Bank of England’s own figures put total debt to individuals at about £1.5 trillion, which is an average of £28,000 for everyone over 16 in the UK. Most of that – about £1.3tn – is made up of mortgages.
An interest free economy would be a very good idea – with it a change of Government. The benefits to citizens would be immense – the money in your pocket would have some real value – without any fluctuations – and being interest free mortgages credit cards loans overdrafts would be considerably cheaper. The introduction of the Bradbury Pound would wipe out all jewish banks – making jews very very poor – whilst we would all be better off financially.