Around 97% of all money is created as debt by a privately owned banking system. It is non existent and we pay interest on the loans they extend to us. This money is not based on savings or deposits. This is money created out of thin air for which we pay with our labour in […]
If you and me did this we’d be in jail for counterfeiting. This is done by privately owned banks outside of government regulation through a legal loophole. Nobody elected them to make money. The amount they created hasn’t just diluted the money supply but superseded it by a whopping 291 times.