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Ben Davies: Your country needs your money

Section: Daily Dispatches

8:53a ET Friday, December 9, 2011

Dear Friend of GATA and Gold:

Writing for King World News, Hinde Capital CEO Ben Davies notes the propaganda sweeping Europe and Japan to induce the population to buy government bonds because the markets no longer perceive value in them as interest payments start to overwhelm gross domestic product. This propaganda for bond buying, Davies writes, is another form of financial represssion or oppression as "the state, to maintain the creation of pseudo-capital to keep the system from disintegrating, will take more and more direct control of the entire money-creation process, an implicit nationalization of money and credit."

Davies' commentary is headlined "Your Country Needs Your Money" and it's posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/9_Be...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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