1/ Money is created at a keystroke. It is the sole right of the state to create money and it belongs to them. Citizens must accept the money - as the state has the army and police backing them (this setup is also known as a tyranny). Money can be created to pay public servants and to pay for the welfare bill and pork barelling infrastructure projects. If you are a farmer or a miner or some other exporter or producer, you have to bust a gut to get foreign exchange. Some people clean toilets for a few bucks. Other people play with state funny money and criminally suppressed interest rates to buy and sell houses to / from each other.
2/ Banks take deposits from savers, then turn around and give them the middle finger by paying some of the lowest interest rates in history. The interest rates are soon to turn negative, which is a scenario whereby you pay the bank for the privilege of them lending your money to some borrower in debt up to their eyeballs to go and speculate with. All money will soon be digital, meaning that there will be no escape for anyone seeking to pull their money out of this shameful ararngement.
p.s. most people are sheeple and are willingly going along with the trashing of our monetary system and the evisceration of savers. We are all being led meekly to the abattoir, without even a 'baaa' of protest. People are brainwashed from birth to indulge in the Left vs Right political blind alley, and cannot see outside their blinkers.
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1/ Money is created at a keystroke. It is the sole right of the...
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