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That's right, banks create money out of thin air by creating debt.
Most money is debt-based.
So, banks loan out money that doesn't exist. Then the banks create a crisis, and then we can't repay the non-existent mony, and then we are asked to foreclose our house, which is something of real value and voila, the bank has become richer, again.
It is legalised theft.
and we, the people, stand for it???
Most money is debt-based.
So, banks loan out money that doesn't exist. Then the banks create a crisis, and then we can't repay the non-existent mony, and then we are asked to foreclose our house, which is something of real value and voila, the bank has become richer, again.
It is legalised theft.
and we, the people, stand for it???