Sepp Hasslberger: Banks Creating Money from Nothing

Commerce, Corruption, Government
Sepp Hasslberger
Sepp Hasslberger

A fundamental flaw in our financial/banking system? Who would have thought…

A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air

The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … even if they have no deposits on hand.