UKIP’s Godfrey Bloom Blasts Fractional Reserve Lending as Fraud; Says Central Bankers Should be Tried for Financial Crimes
May 7, 2013 0 By News DeskSpread the love
Here are a pair of interesting You-Tube videos on fractional reserve lending sent by reader Magnus who lives in Sweden. Godfrey Bloom Blasts Fractional Reserve Lending as Fraud “The problem that we have is a flawed banking system, a fractional reserve banking system where bankers can lend money they don’t have. If you go back in time in the United States to the 1850s, that was a capital offense
See the article here:
UKIP’s Godfrey Bloom Blasts Fractional Reserve Lending as Fraud; Says Central Bankers Should be Tried for Financial Crimes