the federal reserve bank scam

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    The biggest scam in the world? the Federal Reserve Bank.
    Why this vile institution is allowed to exist in 2019 beggars belief.
    Why is it a scam? it works like this. A bank gets a $1000 deposit in gold. The bank is then allowed to loan out ten times that amount of money to its customers on which it is allowed to charge interest. This is a straight out fraud but permitted by governments for hundreds of years! It's called Fractional Reserve Banking. It should be called 'Fractional Reserve Counterfeiting'.
    Say you go to a bank for a home loan, you want a $500,000 loan. What happens? even though the bank at that point has not received one cent from you, as soon as the paperwork is completed the bank immediately credits itself with $500,000. The bank just created $500,000 for itself out of thin air! - if it wasn't true you wouldn't believe such a thing could happen.
    There's much much more, but don't think it's a US idea, the above banking 'principles' originated in Europe.

    Anyhow, if you're interested here's a video which explains it. It's a long video so put the kettle on...





 
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