Tag Archives: reserves

INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY

Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading

Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 2 Comments

BANK SAYS: IF YOU BELIEVE BANKS LEND DEPOSITS, YOU ARE WRONG

This is NOT an April Fool’s prank.  Indeed, the Bank of England wants you to understand that when it comes to money creation, everything you “know” is wrong (cross-posted at The Air Standard)… In its recent press release, the BoE … Continue reading

Posted in Asset Bubble, Bank of America, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Redistribution | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments