Linda McQuaig Quotes
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.