Money Creation and the Bankruptcy of Major Banks: The Roles of the IMF, The European Central Bank and the Federal Reserve


  • Money Creation and the Bankruptcy of Major Banks: The Roles of the IMF, The European Central Bank and the Federal Reserve

    ... Now you can understand why the money machine, known as the Fed, says nothing about their bailout of Europe. 95% of the population of the world doesn’t even know what a swap is. Even if they did understand they are never going to get the truth from the Fed. We saw that in court and GAO revelations recently.

    The European Central Bank, ECB, does not have the Fed’s ability to continue to create money and credit. That means that the taxpayers in each nation must foot the bill, unless the Fed prints money for them. Thus, we see a central bank, which really is not a central bank.

    webmasters comment:

    posting to relation to yesterdays video and comment. I find it funny how articles next day confirm my previous speculations :)

    But there you have it. The source of the U.S. and Europe crisis. ECB is simply a branch of the FED cartel and therefore it is logical that it doesn't issue the moneys. That process is centralized through the FED. And all this CRISIS is nothing but a SCAM, where FED bankers are destroying the U.S. economy so they could catch a grip over Europe, with the help of Frau Merkel and mini Napolen Sarkozy. If you can't see that, you better look again. The american and european taxpayer is nothing but cannonfooder in the game, that will translate into literate cannonfooder any time the banking cartel wishes to set you off against the east, simply beacuse they control the amount of paper in the circulation.

    How stupid are we? Is this all humanity is capable off?

    Imagine what we could reach if we just drop the printed pictures sistem and focus on one and only true value in this vast universe of lifeless rocks.

    Source: globalresearch.ca