Banking and money supply is not what many people think. They look at banks as intermediaries that take deposits and lend money, but this view doesn’t accurately reflect what’s happening. In reality, banks are creators of the money supply. The… Continue Reading →
How can you repay “money” if no “money” was “loaned” at the outset? If money is “created” to lend to buy a house, and the bank has not suffered a loss, how can they demand repayment with interest? The notion… Continue Reading →
When you start digging, you’ll discover that all financial institutions in the business of lending money have engaged in a deliberate scheme to defraud the “borrowers”
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