Report from Russia Today.

The guest, Godfreid Bloom, had interesting comments about the problem with the English economy. ‘Banks are broke’.  He infers that taxes go to the banks. He says that banks counterfeit money degrading the value of the currency. If anyone of us were caught doing what the banks are doing we would go to prison. Here in the US its called Fractional Reserve Banking.

It sounds a lot like what is being done in all so-called ‘first world’ countries.

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