The Central Bank Money SwindlersBy Peter B. Meyer, 9 February, 2023The Criminal Money Swindlers provide your Money, which your government could have created themselves “free of interest” for the benefit of its citizensIf you want to know who are the topmost criminal money swindlers on this planet, and learn how this has been made possible, read on till the end. There is not any greater swindle than that of the central bankers. The Federal Reserve and ECB have ‘illegally’ obtained a monopoly for the issuing of money; to supply and control. They can increase or decrease their balance sheet at no cost any time they like, by buying assets with fake money, which mostly is perpetual government debt.The Central Banks have about twice times quintupled the adjusted monetary base since 2008, while keeping interest rates near zero. In other words, they constantly are manipulating the money supply and interest rates, while bailing out banks and funding the government’s massive deficit spending. Money is at least half of almost every transaction. To manipulate money is to manipulate the entire economic system. The basic unit for the system is a kind of money the world has never had before: the post-1971 fiat dollar and later on the euro. It’s paper money – worth as much as people think it is worth, managed by people who think it should be worth less as time goes by.Economist Richard Duncan points out in his book The New Depression, the amount of liquid reserves banks have to hold against their loans is now so small they provide “next to nothing” on the amount of credit the system can and has created. Banks just have to maintain a certain “capital adequacy ratio.” This restricts their lending to a multiple of their equity capital, which is the money provided by their shareholders.Of course, money is valuable only as long as there is not too much of it. The market can absorb a little counterfeited money. But there’s a limit. And that limit has been greatly exceeded.Authorities are able to do what none of them could do before; borrow money without paying it back. The public has not read it in the press yet, but it should coming soon. However readers that understand the money scam know there is no need that governments repay their loans to central bankers, as the money they lent to governments, didn’t come from taxpayers, it came from nowhere, like the rest of the world’s money. Our leaders strip nude taxpayers to enslave the public at large in the process. Wrapping up; Governments are committing widespread ABUSE OF TRUST versus the public; which is an act of criminal FRAUD and SWINDLE. Even worse, government could have created the money themselves “free of interest” for the benefit of its citizens.
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