Capital is credit, not money, and although modern economists blur the distinction, that does not make it so. In the belief, however, lies the consequence. We have acted as if credit is money and have, as a consequence, become collectively indebted into perpetuity. Why this has happened is obvious.
Who profits from debt?
Bankers
Who runs our economies?
Bankers
To understand modern economics, it is necessary to understand credit. Prior to credit-based paper money, credit did not play the same role as today. Now, however, credit and its cancerous twin, debt, are the very foundation of all modern economies.
http://www.marketoracle.co.uk/Article4323.html
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Also, a quote from 100 years ago that could possibly be applied to the visions of the Globalists of the last 2 or 3 decades...
"The plunge of civilization into this abyss of blood and darkness . . . is a thing that so gives away the whole long age during which we have supposed the world to be . . . gradually bettering."
- Henry James
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