Financial system

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Concept.png Financial system 
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The modern financial system is a belief system comparable to a religion.

Official narrative

"There is no alternative" etc.

Criticism

Mike Daisy has called the modern financial system both a religion and a "cargo cult".[1]

Money creation

Full article: Money creation

Money creation is not taught on business, economics or accounting courses, or subjected to discussion in commercially-controlled media.

John McMurtry estimated in 2001 that approximately 95% of money was created by private for profit corporations.

“The key master lie is this one:- that the politically-imposed (not economically-) the politically-imposed global corporate system calling itself the "global free market", that that politically-imposed global corporate system equals the "free market" equals democracy equals a solution to poverty.”
John McMurtry (2001)  [2]

 

An example

Page nameDescription
Stock exchange


References


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