NO! This official press release by the Bank of England DOES NOT explain how the majority of money in the modern economy is created by commercial banks making loans, despite the allegation. Why? Because banks merely issue further representations of OUR promissory obligations to each other. It is the very borrower who actually creates or issues that very money which is therefore literally stolen and laundered into the unjustifiable possession of banks on its conception. This half baked purported admission is just another half-truth (whole lie) engendered by the very criminals to deceive and defeat those who cannot see through this veil. WE create the money, not banks. It is our promissory notes which triggers the creation of the sums we purportedly borrow. And we create it to reward those who actually give up property for the tokens of value, those who deliver their property in exchange for our promissory obligations/notes. The banks merely intervene upon the process of money creation to exploit us to the extent that they launder ALL principal and even charge unwarranted interest on what are FALSIFIED DEBTS! The effects of usury lead us to our current deplorable state of affairs, and failure, as it multiplies falsified debts in proportion to the circulation, or money in the hands of producers and commerce. I mean, come on people... We are so late in all this... When will all the people begin the journey to master MPE inside out? When will all the people realize the obfuscation of our currency and stop this insanity which has been going on for thousands of years? There is NO LOAN! There is NO BORROWER! bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf
Posted on: Thu, 26 Jun 2014 03:15:46 +0000
Trending Topics
Recently Viewed Topics
© 2015