Executive Summary Private banking interests propose this theory for how banks obtain funds to loan. Introduction This theory is widely believed and is asserted by private banking interests, which control what is published in economics textbooks that also propose this theory. Banks are not financial intermediaries. Instead, they are money creation machines or “Mini Feds.” This…
Executive Summary This quote explains how private banks seek to keep money creation from the government. Introduction “That’s because the condition of being appointed to a central bank in the government is that you’re working for the financial interest of the banks, not for the government. The banks would love governments to borrow from the…
Executive Summary Why does the federal government keep the money creation ability from US states while it gives it freely to private banks? Introduction There is an oddity at work with government funding in that the federal government has the right to create money, but the states and local governments do not. What is odd…
Executive Summary This is the hypothesis that money is created as a form of social credit. Introduction This theory is far less known than the evidence for it would indicate. Academic Research into Whether the Credit Theory of Banking is True or False It is curious that there is academic research into this question, as…
Executive Summary International private banking interests punished Germany for creating its own debt-free money through the denial of international credit. Introduction Because the Nazi government created its own debt-free money, it was denied international credit. Therefore, its innovation was to trade or barter with countries without the use of currencies. If Nazi Germany had used…
Executive Summary The IMF is designed to represent global private banking interests and to undermine the sovereignty of countries, eliminating the effectiveness of participatory governments. Introduction The IMF or International Monetary Fund was originally created to facilitate currency transactions. However, it has changed into a mousetrap for foreign countries that like the World Bank uses…
Executive Summary This is an entity designed to promote public banks. Introduction This entity is designed to promote the growth of public banking and is an outgrowth of the work of Ellen Brown. Their website is here The Public Banking Institute.
Executive Summary This is one of the major types of money. The important feature is “who” issue the money. Introduction The success of paper money greatly depends upon whether a government or private bank issues the currency. When the government issues the currency, the history is good. Although all monies eventually devalue. Some say that…
Executive Summary SPACs are when private equity firms self buy or sell their own portfolio companies. This strange investment vehicle is a testament to the corruption in private banking. Introduction SPACs are designed to allow for corrupt acquisition. This is explained in the following quotation. “Mergers tend to lead to layoffs, higher prices, less innovation…
Executive Summary Mergers and acquisitions are presented as gaining efficiency, but they are designed to consolidate markets, increase monopoly power, and control buyers in reality. Introduction The reality of mergers has next to nothing to do with the official explanations around mergers. What Mergers Are Really Designed To Do Mergers are not performed to “increase…