NickGiambruno on Nostr: Let me put it into the simplest and most concise terms. 1. Central banks create fake ...
Let me put it into the simplest and most concise terms.
1. Central banks create fake money out of thin air and loan it to governments at interest.
2. Governments use violence and threats of violence to extract taxes from average citizens to pay the interest on the fake money the central banks created out of thin air.
3. Like the mafia, they can deploy violence to ensure there is no competition to their privileged racket.
That’s the unvarnished truth about central banking.
In short, it’s the business of usury and tax farming.
1. Central banks create fake money out of thin air and loan it to governments at interest.
2. Governments use violence and threats of violence to extract taxes from average citizens to pay the interest on the fake money the central banks created out of thin air.
3. Like the mafia, they can deploy violence to ensure there is no competition to their privileged racket.
That’s the unvarnished truth about central banking.
In short, it’s the business of usury and tax farming.