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Concept.png Banking 
Monopoly Bank cannot go bankrupt.jpg
Interest of• Ellen Brown
• Council of Foreign Bondholders
• Amelia Fawcett
• Benjamin Franklin
• Hang The Bankers
• Institute of International Finance
• Ivo Mosley
A more subtle version of the 'tribute' extracted from peasants by the aristocracy.

Central Banking

In the modern form, central banks are government-licensed monopolies to profit from seigniorage. This gives them a more or less unlimited economic self-interest in perpetuating the system, hence very deep pockets to try to naturalize their existence.

Private banking

The banking sector is an oligopoly with huge barriers to entry to facilitate rent seeking by preventing real competition.

See also


Related Quotations

2011 Attacks on Libya“Gaddafi's government holds 143 tons of gold, and a similar amount in silver. This gold was intended to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide Francophone Africa with an alternative to the CFA."”Ellen Brown14 March 2016
Alfred Denning“Parliament has conferred many privileges on “banks” and “bankers”, but it has never defined what is a “bank” or who is a “banker” It has said many times that a banker is someone who carries on the “business of banking”, but it has never told us what is the business of banking.”Alfred Denning1966
James Garfield“Whoever controls the supply of currency would control the business activities of all the people.”James Garfield
Mervyn King“Of all the many ways of organizing banking, the worst is the one we have today. Change is, I believe, inevitable. The question is only whether we can think our way through to a better outcome before the next generation is damaged by a future and bigger crisis.”Mervyn King
Social change“Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.”William Lyon Mackenzie King1935


Related Documents

TitleTypePublication dateAuthor(s)Description
Document:Introduction Banksproject proposalJune 2018Euan Grant"We shall be approaching a range of international banks and institutions, including the BBA and ABI, together with major accountancy firms. We will use the results of these discussions to inform academia, think tanks and central government in the UK, particularly NCA, HMRC and MOD. We will also seek to put our views and, with permission, those of others into the public domain in a range of countries."
Document:Rudolf Elmer Interviewwebpage17 September 2011Mehdi Taileb
Document:Rudolf Elmer files against Swiss banking secrecy at ECHRlegal document14 May 2008Rudolf Elmer
File:Kaupthing-claims.pdfclaim23 January 201028167 claims made against Kaupthing Bank
File:Of Money Part 2.pdfessay2009Guido PreparataIn this second part of the essay, the case is made for a 'Perishable currency' regime as a means of dealing with the fundamental problems of our existing interest bearing perpetual money.
File:US Money v Corporation Currency.pdfbook1912Alfred Owen CrozierProphetic 1912 book about the evil effects of privatised central banking in general and the activities of the Rothschild dynasty in particular
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