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Banking, one more time....
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John Burns
Posted 12/12/2014 12:41 (#4235774 - in reply to #4235147)
Subject: facts about our banking system



Pittsburg, Kansas

Facts about how banks work

Some good quotes in the above. I did not read to the end but was trying to find a site that showed how the banking system worked.

Henry Ford said it in a nutshell.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Few people understand how banks create money and the banks would like to keep it that way.

John

 
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