Fed reserve secret loans since 2007 Citigroup - $2.513 trillion Morgan Stanley - $2.041 trillion Merrill Lynch - $1.949 trillion Bank of America - $1.344 trillion Barclays PLC - $868 billion Bear Sterns - $853 billion Goldman Sachs - $814 billion Royal Bank of Scotland - $541 billion JP Morgan Chase - $391 billion Deutsche Bank - $354 billion UBS - $287 billion Credit Suisse - $262 billion Lehman Brothers - $183 billion Bank of Scotland - $181 billion BNP Paribas - $175 billion Wells Fargo - $159 billion Dexia - $159 billion Wachovia - $142 billion Dresdner Bank - $135 billion Societe Generale - $124 billion "All Other Borrowers" - $2.639 trillion All at nearly 0 interest, the money used to buy government debt which we have to repay, ****ing ingenious. The Fed reserve has since its creation devalued the US dollar 96%+ and is doing the same to the Euro and other currencies. With this system, when the government borrows 100m they pay back 300m interest included. So any cost on public works done by the US government must in fact be multiplied x3. Unbelievable. Government spending in the UK using money borrowed at high interest from banks who actually got the money at almost 0 interest from the fed reserve is putting the UK tax payer in debt essentially to the Fed These banks buy UK government debt putting you in debt in the UK and everywhere else in the world http://theeconomiccollapseblog.com/...merican-should-know-about-the-federal-reserve
it's something like for every £10 put in a bank the bank can then loan out 10x that amount (create debt from thin air) it's the biggest con the world has ever known, some day people will look back at. our system and call us savages and they won't be wrong. this is a very short video that even some of the degenerates on gc will be able to understand how the corrupt monetary system work's. [video]http://m.youtube.com/watch?v=tGk5ioEXlIM&desktop_uri=%2Fwatch%3Fv%3DtGk5ioEXlIM[/video] there's also a 3hour long doc called "the money masters " that can be found on YouTube which goes back to the very roots of the monetary system. it's depressing to be quite honest.
100% with you Sisu. Its no coincidence that the people in charge are freemasons either. I am very reluctant to bring politics up on this forum though as it will get very, very messy. You do what you want obviously - but I'm with you
Take it whichever way you want to. You've got people like this on the one hand and people like Peter Higgs on the other. Trouble is there are far fewer people like Peter Higgs
I believe the bank of England was the first of it's kind and what the fed was modeled on in the 1st place.