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  1. During the Parliamentary debate on Money Creation and Society yesterday Steve Baker (Conservative MP for Wycombe) stated that: ... there is a categorical difference between earning money through the sweat of one’s brow and making money by just creating it and lending it to someone in exchange for a claim on the deeds to their house. Interestingly, the Hansard transcription of Steve's statement has omitted the phrase "just creating it and", thus reporting: ... there is a categorical difference between earning money through the sweat of one’s brow and making money by lending it to someone in exchange for a claim on the deeds to their house. Is this an example of John K Galbraith's observation: "The process by which money is created is so simple the mind is repelled."? Could the transcriptionist's brain simply not handle the truth? Or is something more sneaky going on?
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