Banker left speechless by Irish journalist!
The Greatest Scam on Earth – The Money Scam! The Money Scam is hidden right out in the open, yet buried in complication and confusion. A retired banker describes simply, the world’s Money Scam and the reason every country is now going bankrupt. Private bankers have stolen the money creation process, and whereas once our money was created by the governments, debt-free, it is now created out of thin air and issued as debt with interest charges. In today’s banker controlled world, money = debt, debt = slavery and therefore money = slavery — our monetary systems have become systems of enslavement. Money is created out of nothing, issued as debt, not enough money is created for the future interest payments and inflation steals our savings. The money creation process should be taken away from the banks and given to the governments who can create money debt-free, interest-free. This is how it used to be done and we needed no income taxes. Finally, it is explained what we should do to stop supporting the money scam.
An oldie but a goodie. From the archives.
Enhanced sound from original version.
There was a time when customers exchanged gold (money of substance) between themselves. The act of depositing gold in exchange for a paper receipt (money of exchange) enabled BANKS to perform a sleight of hand. Today paper money has replaced gold and electronic funds have replaced paper. White Rabbit hopes you understand the purpose of this example – The Bank is the debtor, the customer is the creditor. This is backed up in case law….
Lord Goddard CJ in R v Davenport  WLR 569 ;  1 A11 ER 602,603
” although we talk about a person having money in a bank the only person that has money in a bank is the banker. If I pay money into my bank either by cash or cheque, that money at once becomes the money of the banker. The relationship between banker and customer is that of debtor and creditor. He does not hold my money as an agent or trustee, the leading case of Foley v Hill(1948) 2 HL Cas 28 exploded this idea.”
No doubt about it…
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