michael94
Member
- Joined
- Oct 11, 2015
- Messages
- 2,419
The Private Banks make most of the money, not the Central Banks. The Central Banks endorse the Private Banks in creating the money though, and they essentially plan our entire economy at interest when they give out loans ( this is how most new money is created ). When you hear talk about interest rates, that is the interest rate for Private Banks to Borrow Reserves from the Central Bank, but what they loan out is several multiples what they have in Reserves. That should help people understand if you think about it that way.I don't think Whitney Webb includes the Rothschild links in her article when covering Schwab, Brendon o Connell has being saying she is a limited hangout that works for the city of London, she's based in London now, Im starting to see this and don't trust her in the slightest.
Its so frustrating that global governments can be so influenced by these clowns, the central banks creating money is the axiom of everything.
This is an important distinction, because people like to lay blame on the Government for causing all of our monetary problems. It is actually private actors. the Private Banks, who are doing the dirty work with the Government turning a blind eye. In the case of of Weimar hyper-inflation, it was the Bankers and speculators who destroyed the German Currency, and only after the Government stepped in to stop them did things improve.
The Weimar Hyperinflation example is discussed here: Germany's 1923 Hyperinflation: a 'Private' Affair. Stephen Zarlenga.