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The truth of it is that tax-payers' money has never been anywhere near a tax-payer

fund that expenditure through the unnecessary issue and sale of interest-bearing debt to private banks, and through taxation

Public spending on credit came first, and when stock was returned in payment of taxation this credit/money was retired.

I believe that the collapse of Lehman Brothers in October 2008 will come to be seen as the definitive end of the centralized, but connected, Economy 2.0 paradigm operated by and for the profit of middlemen.

there has been a parallel series of innovations in legal vehicles for investment in productive assets, involving trust law and partnership law, rather than company law

In my home turf of the oil market, all the signs are that in the absence of massive new flows of quantitative easing dollars from the Federal Reserve, and/or substantial cuts in oil production, especially from members of the Organization of the Petroleum Exporting Countries, there will be a collapse in oil market prices in the first quarter of 2012. Indeed, some market participants have already taken option positions in the oil market in anticipation (or in fear) of a fall in the oil price as low as $45 per barrel in 2012.

Owners of productive assets simply create and issue undated credits/units that are redeemable in payment for the use of the asset. For example $1.00's worth of rental revenues pre-sold for 80 cents will give an absolute return of 25%, but the rate of return depends - literally - upon the rate at which units of stock may be returned to the issuer and redeemed against use.

users of productive assets such as occupiers will always buy stock at a price less than face value in order to redeem it against use.

My vision of a 21st century "Open Capitalism" is of new forms of stock based upon land rentals which will come to be what are essentially networked land-based national currencies created literally from the ground up.

Open capital - Stock may in fact be seen as currency sold forward at a wholesale discount