The IMF reports says the conjuring trick is to replace our system of private bank-created money. Photo: Reuters One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all…
Tag: banking
Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real estate, public…
Vibrant events are unfolding in the world of finances. One scandal comes after another and that’s the way it goes. Especially in the United States. As soon as the curtain went down in…
Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of…
Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow banks, although free of government regulation, are propped up by a hidden…
Part I Global banks: a continuous series of scandals Despite some stabilisation in the financial markets by the time the first wave of the crisis had come to an end (2007-2009), global…
The Federal Reserve has implemented new standards called “Base III accord” which is being sold to the public as a means to cushion the banks against expected “severe economic downturns”. This is part of stricter capital regulations…
Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior. You Won’t Believe What They’ve Done … Here are just some of the improprieties by big banks: Funding the Nazis Laundering money for Terrorists Financing illegal arms deals, and funding the manufacture of cluster bombs (and see this and this) and other arms which are banned in most of the world Launching a coup against the President of the United States Handling money for rogue military operations Laundering money for drug cartels. See this, this, this, this and this (indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis) Engaging in mafia-style big-rigging fraud against local governments. See this, this and this Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here,here, here, here, here, here, here and here Manipulating gold prices … on a daily basis
Are you ready for a good laugh? The head of the New York Fed wants Congress to grant the Central Bank extraordinary new powers to deal with future financial system emergencies like the bank run…
The Federal Reserve© ‘All rights reserved’ as Ben Bernanke would like to say. **Read entire article inside Freedom Informant Network!** First off, The Federal Reserve is not ‘federal’ at all, and THERE ARE NO RESERVES…