DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Usury , paper money and income tax : How bankers steal your wealth

**masteryxisman** · 09-03-2012, 11:21 PM

Interesting stuff and look for further updates if any will be reading.

Akhi quick question, if banks can create money then how can they manage to go bankrupt ?

Banks go bankrupt , but not the central banks !!

Check this article to get the answer to your question.
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http://realcurrencies.wordpress.com/...system-is-one/
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Central Banks were created by the banking community as lenders of last resort because they went bust so often. They needed the CB’s to maintain a certain stability within the system, otherwise they would not have been able to maintain their monopoly on currency.

Nowadays CB’s are all powerful financial juggernauts allowing the Money Power full control always. They don’t care about some of their banks going bust occasionally, because they are just the vehicles dividing the market among them. Their market control remains 100%.

09-03-2012, 11:21 PM	#9
masteryxisman Join Date Oct 2005 Posts 447 Senior Member	Interesting stuff and look for further updates if any will be reading. Akhi quick question, if banks can create money then how can they manage to go bankrupt ? Banks go bankrupt , but not the central banks !! Check this article to get the answer to your question. ############# http://realcurrencies.wordpress.com/...system-is-one/ ############# Central Banks were created by the banking community as lenders of last resort because they went bust so often. They needed the CB’s to maintain a certain stability within the system, otherwise they would not have been able to maintain their monopoly on currency. Nowadays CB’s are all powerful financial juggernauts allowing the Money Power full control always. They don’t care about some of their banks going bust occasionally, because they are just the vehicles dividing the market among them. Their market control remains 100%.
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