A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air
One of the Main Causes of Our Economic Problems
Source:
Washington's Blog
January 15, 2016
The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … even if they have no deposits on hand.
The failure of most governments and most mainstream economists to understand this fact – they instead believe the myth that pe