Banks create money out of nothing!
Money for real | 23.08.2007 10:19
Banks create money out of nothing.
There is nothing more wicked than realising that we are being
screwed big time - by the banking system.
How?
If I have 100 euros in my wallet, I can lend to you 100 euros.
This is clear for everyone.
Banks however if they have 100 euros, can lend up to 1000 euros.
10 times the amount that in reality exists!
Banks hold a fraction of the money they lend to companies and
private people.
They do not have sufficient amount of money.
Its a FRAUD!
They simply create money out of nothing!
http://www.prosperityuk.com/prosperity/articles/howbcm.html
There is nothing more wicked than realising that we are being
screwed big time - by the banking system.
How?
If I have 100 euros in my wallet, I can lend to you 100 euros.
This is clear for everyone.
Banks however if they have 100 euros, can lend up to 1000 euros.
10 times the amount that in reality exists!
Banks hold a fraction of the money they lend to companies and
private people.
They do not have sufficient amount of money.
Its a FRAUD!
They simply create money out of nothing!
http://www.prosperityuk.com/prosperity/articles/howbcm.html
Money for real
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