venerdì 16 aprile 2010

AUDIT the European Central Bank

AUDIT the European Central Bank

While the euro monetary rent - hundreds of billion euros each year - is being masked in the ECB balance sheet (in the liabilities side instead of the assets side), we ask for a long due independent AUDIT of the European Central Bank.

Please, do sign the petition here:

http://www.petitiononline.com/auditecb/petition.html

A better way to account for fiat money at the Central Bank
Thomas (Cool) Colignatus, December 31 2005
http://leconomistamascherato.blogspot.com/2009/11/better-way-to-account-for-fiat-money-at.html

The EU seigniorage ticking time BOMB:
OLAF POLICE CAN'T INVESTIGATE THE ECB EURO-SEIGNIORAGE SCANDAL
http://riflessioni-backbone.blogspot.com/2009/11/eu-seigniorage-ticking-time-bomb-eu-la.html

The case for auditing the ECB: seigniorage fraud on banknotes

http://leconomistamascherato.blogspot.com/2010/03/case-for-auditing-ecb-seigniorage-fraud.html


THE 'FAKE LIABILITIES' SCANDAL


"The solvency constraint of the Central Bank only requires that the present discounted value of its net non-monetary liabilities be non-positive in the long run.
Its monetary liabilities are liabilities only in name, as they are irredeemable: the holder of base money cannot insist at any time on the redemption of a given amount of base money into anything else other than the same amount of itself (base money)."
From Willem H. Buiter (London School of Economics) at page 20:
"Seigniorage", economics - The Open-Access, Open-Assessment E-Journal, 2007-10
http://www.economics-ejournal.org/economics/journalarticles/2007-10


AUDIT THE ECB ON FACEBOOK:
http://www.causes.com/causes/366875?recruiter_id=88643505

4 commenti:

  1. DAL MINISTRO DELL'ECONOMIA OLANDESE:

    Bedankt voor uw e-mail.

    Afhankelijk van de aard en inhoud van uw bericht kunt u binnen twee werkdagen een reactie tegemoet zien.

    Uw kenmerk is E1406943

    Met vriendelijke groet,

    Postbus 51 Informatiedienst

    ------------------------------------------
    Thank you for your e-mail.

    Depending on the nature and content of your message you can expect a reply within two working days.

    Your reference is E1406943

    Kind regards,

    Postbus 51 Informatiedienst

    RispondiElimina
  2. Le ministère de l'Économie, de l'Industrie et de l'Emploi

    Courrier

    Votre message a été pris en compte
    avec le numéro d'enregistrement : 20100425-0002-DT-ASSU-BANK

    Une réponse vous sera adressée par voie électronique dans les meilleurs délais.

    RispondiElimina
  3. Dear Mr Saba

    If this would help to abolish the ECB, then we'd be in favour of it.

    Yours sincerely

    Andrew S. Reed

    Office of Nigel Farage, Brussels

    www.ukip.org www.ukipmeps.org

    RispondiElimina
  4. E indovinate un po' cosa fa la commissione europea?
    http://ec.europa.eu/economy_finance/index_en.htm

    CANCELLA SENZA NEMMENO LEGGERE !

    Da: ECFIN-L3@ec.europa.eu
    A: m.saba@email.it
    Oggetto: Not read: First, audit the ECB and take back seigniorage
    Data: 29/04/11 09:42

    Your message

    To: ECFIN-L3
    Subject: First, audit the ECB and take back seigniorage
    Sent: Thu, 28 Apr 2011 13:19:14 +0200

    was deleted without being read on Fri, 29 Apr 2011 09:42:21 +0200

    RispondiElimina

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