As the British economy limps along in terminal decline, and wheezy Sterling cannot even outpace the doomed Euro, our Oxbridge-educated overlords have had the inspirational idea of giving us a second dollop of “Quantitive Easing” (otherwise known as QE2), which will “create” another £75 billion of funny money out of nowhere – we are told this is to ensure that British banks will be adequately capitalised, to weather the impending financial storm which we all know is coming.

But this money creation comes at a high price – an increase in the money supply guarantees a further drop in the value of Sterling, which in turn makes imported goods (most of what we buy, these days) more expensive. Even the official year-on-year inflation figure is already 5% - and is undoubtedly more, in the real world where we all live. Are you earning 5% on your savings? Have you just received a 5% pay rise? Didn't think so. This may sound trivial – but just bear in mind that the pound in your pocket today, is only worth 11p compared to the pound of 1971. Your money is becoming worthless, and in extreme cases that can lead to strikes, civil unrest, even mass starvation.

What really, is money?
All modern national currencies these days are just “fiat” currencies, with no intrinsic value and not backed by anything of value, other than a nation's creditworthiness. In effect, a banknote is merely an IOU. So when a country gets into serious debt, an inflationary spiral begins. There is currently a “race to the bottom” going on all around the world, as national governments with large debts try to reduce the severity of their problem by reducing the value of their currencies, by maintaining low interest rates and printing more money – the big flaw with this plan is that it makes life painfully expensive for its citizens.

How did the world get into this terrible mess with money?
Nations get into debt when their income no longer covers their outgoings, and have to resort to borrowing. Britain's problem, and has been for many years, is that the collapse of its manufacturing base is throwing ever more people out of work, along with a steady flow of young people leaving education who are also being added straight to the benefits scrapheap. This has led to a huge and growing gap between income tax revenue and benefits expenditure. Other western nations such as the USA are in exactly the same predicament. Wars are expensive too, we get into far too many!

What can be done to get out of this mess?
If all the Bank of England can come up with to rescue our economy is print toy money, it is obvious they have no real answers to these problems – just as no new ideas are coming from the British government. It is also obvious the needs of the State are at odds with the needs of its people, but government always favours the State. The ship we all sail in has hit the iceberg, but sadly most of the passengers are too busy watching X-Factor to care.

Is there anything individuals can do to help the situation, or protect themselves?
There are things that ordinary people can do as individuals, although concerted action with others always yield stronger results. Here are some suggestions.

To get smaller, cheaper government, the public must vote against big national parties.
This is the strategy that could be the real “game changer” in English politics– Labour, Lib Dems and Tories alike, who can't even control spending in their own parties, all want to keep the “Big State” alive, because of their desire to sit astride the Beast. Cameron calls for a “Big Society” – when really all that's needed is “Small Government”. Instead, break the big party monopoly by voting for independent candidates and locally based parties – could they really be any worse than the crooked “big party” chancers who have brought England to the brink of ruin?

Remember – a “Big Party” vote, is a wasted vote!

Bank with Mutualised institutions.
We have always advocated local and/or mutualised banking – and with many UK banks likely to face difficulties in the coming months because of their exposure to foreign debt, now may be the perfect time to switch from a shareholder-owned bank to a mutualised building society, owned by its members, properly capitalised, and properly run. In theory, anyone who has funds in a bank that collapses should be able to claim it back, up to a certain amount – are you willing to trust this government to honour that pledge? Especially if several banks collapse at the same time?

Don't let your savings earn a pittance in the bank – lend to others, and get a better return.
It is extremely rare to find a bank account that pays anything like decent interest these days: you are doing well to get 3%. Your bank is using that money to make money for themselves, by lending it out to other people like yourself – why not cut them out of the equation, and do the same? This is known as peer to peer lending – there are several companies that perform this service, and a quick web search will reveal their names. We have also promoted this idea in the past as an alternative to the British government simply stealing our money to give away as “foreign aid” to coked-up warlords in far off lands – let those UK taxpayers who are charitably inclined, lend their money directly to poor people in those countries.

For a higher risk /reward ratio, consider investing in precious metals.
While you can take physical delivery of Gold or Silver, there are exchanges where you can buy and sell bullion over the internet, who will also store it in a secure location for a small rental charge per month – with an option to store it abroad, if you are worried about your government confiscating it if things get really bad. While Gold has fallen back from its earlier highs, it has out performed stock markets consistently for years now – it is considered a safe haven by many in turbulent economic times.

Wherever possible, buy English, or failing that, British.
It shouldn't need saying, but we will anyway: if you buy an English made product, you are keeping an English worker in a job, off the dole, and your own tax bill down. When you buy foreign goods, you increase the balance of payments deficit. If too many people buy foreign goods, English workers lose their jobs, and you the taxpayer pick up the tab for their unemployment benefits – possibly for life. You pay twice for cheap foreign goods – once at the till, and again in extra taxes.

Be under no illusions – bad times are coming, on a par with anything your grandparents faced. The State has failed you, failed us all in fact – it exists only to feed the wealth and egos of the elites who run it, we are just so many sheep to be fleeced. The English Radicals despise the British government and Establishment for this reason – they are leading us all to hell in a handcart, but we are unable to hold them properly accountable for their profligate, warlike actions. Many years ago, a small, unassuming man called Gandhi pointed the way forward when it comes to dealing with the British - peaceful, mass resistance. If such a movement emerges in England, you can be sure that the English Radicals will be part of it.




































































































 


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