When a bank makes a loan, for example to someone taking out a mortgage to buy a house, it does not typically do so by giving them thousands of pounds worth of banknotes. Instead, it credits their bank account with a bank deposit of the size of the mortgage. AT THAT MOMENT, NEW MONEY IS CREATED. (The Bank of England)
Clearly then, the current global economic system of capitalism (or any other economic system throughout time) was most certainly not an evolutionary phenomenon that occurred simultaneously when Homo Sapiens first walked upon the Earth, nor was it a creation by any ‘deity’ as a divine commandment.
It is, quite simply, a social construct – a totally ‘man-made‘ concept!
A concept that has now developed into a fun game of ‘Monopoly’ for the banks, financial institutions, and the elite 1% rich to play and have their ‘fun’ with us.
SO, IF MAN MADE IT…MAN CAN MOST CERTAINLY CHANGE IT!
For more in depth information on money creation, please refer to the following:
You may also want to watch one, or all, of these documentaries:
Quantitative Easing is supposedly used to help stimulate the economy by injecting more cash into the system and was most famously used during the financial crisis of 2007 – to bail out the corrupt banks!
However, Quantitative Easing is, quite simply, legalised ‘money laundering’ – the phoney counterfeiting of money!
If you or I were to ‘print’ or ‘create’ money just as the banks do with Quantitative Easing, we would face a lengthy jail sentence under current laws!
The Bank of England actually states on it’s website just how it “creates new money electronically“! (see page 2 of this document)
For further information, please refer to: