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.
Mid-holiday and life is calm and peaceful as we move closer to the New Year. Who knows what it will bring but one thing is sure: We are in the midst of one of the most serious declines of our global civilization due to the bankers and their minions corruption of epic proportions. I thought […]
As my readership increases exponentially it seems and more and more people want to know why Greece is collapsing and the rest of Europe has to bail out this small economy representing just 0.4% of Europe’s GDP I have decided to post the Money as Debt trilogy and the Money Masters again. The money as […]
Just the other day I had an interesting interaction on Kiwi blog. I thought it would be educational to give them the link to my open letter to Eugene Bingham. To my surprise one obvious John Key voter actually engaged in a more or less reasonable interaction which judging by the obviously mentally challenged troll […]
The news that the government borrows $ 250 million a week comes as no surprise to those of us who have been observing the looting of America and England by the international banking pirates over the last year. We are after all a colony of England and the Endgame is neigh. We are in for […]