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Over 35 years experience working in oil and gas accounting with privately held oil and gas producing companies. Also have a blog that covers monetary system issues and the potential for major future monetary system change. (http://lonestarwhitehouse.blogspot.com/)  - email: ... more

Robert Pringle - The Capture of Money

Date: Tuesday, March 27, 2018 11:16 PM EDT

Whenever Robert Pringle offers a new article on his blog, I try to feature it here. Mr. Pringle has a long and established career working with central bankers from around the world. 

 

His decades of experience provide a valuable insight into the world of central banking that we don't see covered that well in mainstream media. Below are the opening paragraphs of his new article, The Capture of Money. In this article, he explains why he thinks "money has become an elite sport".

 

 

 

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"Money is a near-universal social institution. It  evolved to support human cooperation and to control and coordinate the life of humankind. Like other core institutions, such as marriage and language, the forms that money takes may differ widely. The values and norms governing money’s use, and the practices associated with it, also vary widely.

 

For the individual, money is also a psychological symbol. Money allows each person to enjoy the fruits of others’ work. For many billions of people, obtaining money is the sole purpose of their everyday life.

 

But there is a difference in how we, as individuals, treat marriage and language, on one hand and money on the other."

 

Please click here to read the full article by Robert Pringle

 

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Some info about Robert Pringle:

 

"After obtaining a Masters degree in economics, sociology and history from King’s College, Cambridge University and post-graduate study at the London School of Economics, Robert joined The Banker, part of the FT group, later being appointed the Editor.

He also served as deputy director of the Committee on Invisible Exports, a body representing a wide range of UK service sectors, which was set up by the Bank of England to study and publicise the contribution made by financial, business, professional and allied services to world trade and the UK economy. He led a study that made the first published estimates of the invisible earnings of UK professions such as law, medicine and accountancy.

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