/biz/ - Business & Finance

Banks create money out of thin air when they lend. When the money is repaid, it is "extinguished", which means is ceases to exist.

There is never enough money to repay all the loans plus the interest that is due. That means we are collectively TRAPPED for ETERNITY in endless, unpayable debt to private bankers.

Proofs at:
bankLIESdotORG

Even the Library of Congress admits that private banks create new money out of thin air when they lend. Too much money creation causes hyperinflation.

Private banks cause hyperinflation, NOT government.

proofs at:
bankLIESdotORG

The money you borrow from a banks doesn't exist until you sign the loan contract. Banks create new, digital money when they issue loans. And the entire money supply is created by private banks.

proofs at:
bankLIESdotORG

The Library of Congress admits that private banks create money by lending. When the loan is repaid, the money is "extinguished", meaning it vanishes from existence. But the money collected as interest continues to exist as bank profit.

Even the Library of Congress says that banks create new money when they lend! And the money is "extinguished" when it is paid back to the bank!

The modern banking system is a legalized counterfeiting loan-shark scam.

Even the Library of Congress admits this! Banks create new digital money out of thin air AFTER the borrower signs the loan contract.

proofs at:
bankLIESdotORG

Even the Library of Congress admits that private banks create new money when they lend. Creating too much new money causes inflation. Only banks create new money, so banks are 100% responsible for inflation, recessions, and hyperinflations.

proofs at:
bankLIESdotORG

Here's an admission from the Library of Congress. They admit that banks create new digital money out of thin air. So why are 99% of people unaware of this?

Private banks create all money, NOT government.

Inflation is caused by too much money creation.

Since banks create all the money, they are to blame for inflation, hyperinflation, and recessions.

Banks don't want you to research the fact that they are legalized counterfeiters. When a bank issues a lone, the "money" they lend is created digitally in their computer AFTER the borrower signs the loan contract. Bankers get rich from lending money they never had before the borrower arrived!

More proofs on the banking scam at:
bankLIESdotORG

Less than 1% of people understand that private banks create the money supply, NOT government!

>>50023763
All money is created when banks issue loans. ALL MONEY!

Yes, that includes M1 and M2.

I have no idea what options you are talking about.

Attached, please find an admission from the Library of Congress that says the following: "money is created when loans are issued and debts incurred; Money is extinguished when loans are repaid. A loan from a bank CREATES A DEPOSIT which the borrower may draw upon for the payment of obligations."

Proofs at bankLIESdotORG

Even the stodgy Library of Congress admits that money is created out of thin air by bank lending.

When you get a loan from a bank, the money is created digitally in their computer AFTER you sign the loan contract.

Step back, Jack! Here be exhibit E coming atchoo. Here be a Library of Congress admission that them 'ole private banks be creating new money out of thin air when loans are issued. And when fools pay back dat sheet, the principal done become "extinguished", meaning that jive-ass sheet vanishes from existence. But dat interest collected by the bank continues to exist as profit.

(The new money created by private banks is called a "customer deposit" or "demand deposit", child. Fo' ril.)

Private banks create all money, not government. Inflation is caused by too much money creation. Therefore, private banks are responsible for inflation.

bank°LIES°dot°ORG

>>49263338
Banks create new money out of thin air with no need for prior reserves or deposits. After you sign the loan contract, the bank creates new money digitally in their computer. This is how 95% or more of the money supply is created.

Proofs available at:
bank LIES dot ORG