Money As Debt I And II

You might think that this is just some far fetched conspiracy theory but here is what the bank of England has to say about it’s money creation process:

Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.

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Reload: The Creature From Jekyll Island by Edward G Griffin

In order to understand what and why is happening in the international financial world it is important to understand who owns the international banking system and since more and more people are waking up to finding less and less money in their pockets and banks threatening “haircuts” I thought I’d link to THE primer on […]