RE: Understanding Economic Hitmen. A cartoon short that explains fundamental concepts of how these hitmen operate

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Understanding Economic Hitmen. A cartoon short that explains fundamental concepts of how these hitmen operate

in money •  7 years ago 

Add to this that the 'value' of the money they supposedly loan is supplied by the public and not by the bank which collects the interest.

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Yep, just monetizing the collateral and then calling it a "loan." If you and I did this it would be called counterfeiting