“The Bank hath benefit of interest on all monies which it creates out of nothing.”
Why do they do it? Simple, if the money in circulation in a country is £5,000,000, and a central bank is set up and prints another £15,000,000, stage one of the plan, and sends that out into the economy through loans etc, then this will naturally reduce the value of the initial £5,000,000 that was in circulation before the bank was formed. This is because the initial £5,000,000 that was 100% of the economy is now only 25% of the economy. It will also give the bank control of 75% of the money in circulation with the £15,000,000 they sent out into the economy.
This causes inflation which is simply the reduction in worth of money borne by the common person, due to the economy being flooded with too much money, an economy which the Central Bank are responsible for. As the common person’s money is worth less, he has to go to the bank to get a loan to help run his business etc, and when the Central Bank are satisfied there are enough people with debt out there, the bank will tighten the supply of money by not offering loans. This is stage two of the plan.
Stage three, is sitting back and waiting for the people in debt to them to go bankrupt, allowing the bank to then seize from them real wealth, businesses and property etc, for pennies on the pound. Inflation never affects a central bank, in fact they are the only group who can benefit from it, as if they are ever short of money they can simply print more.
This causes inflation which is simply the reduction in worth of money borne by the common person, due to the economy being flooded with too much money, an economy which the Central Bank are responsible for. As the common person’s money is worth less, he has to go to the bank to get a loan to help run his business etc, and when the Central Bank are satisfied there are enough people with debt out there, the bank will tighten the supply of money by not offering loans. This is stage two of the plan.
Stage three, is sitting back and waiting for the people in debt to them to go bankrupt, allowing the bank to then seize from them real wealth, businesses and property etc, for pennies on the pound. Inflation never affects a central bank, in fact they are the only group who can benefit from it, as if they are ever short of money they can simply print more.