The Money Scam: Creation Banks
B
Bjorn Freeson
2 Views • Aug 12, 2015
Description
Video series by peakprosperity.com. Mirrored under Fair Use for educational purposes only, non-commercial, no copyright claimed.
A course on how banks use deposits as new money, lending to more and more people (at interest) with little to no reserve on their accounts. Be amazed at how $1,000 in deposits magically transforms into $10,000 plus interest. If you did this you would get arrested for fraud, theft and robbery. So how can banks get away with it? Because we let them.
Withdraw all your money from banks and close all your bank accounts. Deal in cash with only people you know.
Live free: die Happy!
A course on how banks use deposits as new money, lending to more and more people (at interest) with little to no reserve on their accounts. Be amazed at how $1,000 in deposits magically transforms into $10,000 plus interest. If you did this you would get arrested for fraud, theft and robbery. So how can banks get away with it? Because we let them.
Withdraw all your money from banks and close all your bank accounts. Deal in cash with only people you know.
Live free: die Happy!
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