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Fractional Reserve Banking (documentary)

DS86DS

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Documentary on the current dominant monetary system across the world known as Fractional Reserve Banking.

It makes for an interesting discussion as it exposes how much of the current international finance system operates and how the banking system brings money into existence.

 
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DS86DS

DS86DS

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Note: Documentary contains an interesting interview with a former CIA jackal who partook in coups in Latin America and the Middle East.
 
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bells of shandon

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Fractional Reserve Banking is a myth promoted to obfuscate the racket that is Central Banking'
1.Banks do not require reserves to make loans.
2.Banks only require a credit-worthy client to make a loan.
3.Loans create new money.
4.The borrower signs a Loan Agreement, the Bank does not sign the Agreement.
5.The Loan Agreement becomes Financial Security on the strength of the Borrowers signature and credit-worthiness.
6.The Borrowers signed Agreement is deposited at the Central Bank and the new money deposited in his account by the CB.
7. The Bank gains from the interest charged on the new money issued from thin air. for their intermediary facilitation.
 

bells of shandon

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The above leads us onto to Irelands Bank Crash in 2008. Without its own Independent currency, Ireland could not bail out its Banks and had to go cap in hand to the ECB .
Brian Lenihan attempted to issue Promissory notes ,which is illegal under the EU Treaties.
Had Ireland its own currency,we could have bailed the Banks ,and there would have been no need for the NAMA racket, of austerity., or the unpayable debt around our necks.
The USA and UK simply created the billions required to bail the banks and took equity share.
Barclays in the UK got tricky and compiled a consortium of Middle Eastern investors to take large loans from the Bank to buy Barclays shares. ,thus creating the money to cover their losses. This case was last seen going thru the British Courts , but little publicity has been given to it..
Ireland is a captured Nation, without control of its Borders ,Laws or Currency.
Ireland is like a fattened calf ,to be picked clean at leisure by the Financial predators and used and abused for their Social Engineering experiments.
 
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subversive writer

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Note: Documentary contains an interesting interview with a former CIA jackal who partook in coups in Latin America and the Middle East.
if you're working for a living at all you're basically no different to the slaves from ancient Egypt. The only value of paper money has is that people think it's valuable and will kill themselves working for the promise of it. unfortunately to run a society and keep things moving and to ensure innovation happens you need some kind of a motivator. The fake promise of money is it. In the past they tried violence it didn't work. they tried another mind control ie communism that failed. this is not the best option but it's the least worst option. As long as there is dangerous and dirty work that has to be done to ensure a functioning society there will always be inequality and a need for fake money and a need for people to believe it.
 

bells of shandon

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Paper fiat money is issued by Govt Treasury and Central Banks. What gives it value is the requirement by Govt to pay taxes in the Currency of the Nation. This is enforced by the silent violence of the State via its Law enforcement Institutions should a citizen refuse to pay their taxes.
 
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DS86DS

DS86DS

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The crisis of credit visualised
 
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