Sadly another example of
Sadly another example of banks make money out of nothing , this time by Professor of Binary Economics at Trisakti University, Jakarta, Indonesia, Rodney Shakespeare is a Cambridge MA, a qualified UK Barrister, a co-founder of the Global Justice Movement and a member of the Christian Council for Monetary Justice."People think that the international banks lend existing money e.g., the bank’s capital or the deposits of customers. Yet they do not. They create out of nothing (merely by pressing computer buttons) the money they lend and then add interest as well as administration cost…" How to solve the recession.?"Governments are in ever-increasing debt because the global elite, assisted by compliant politicians, says that money (borrowed at compound interest) must always come from the commercial banks when, in reality, it could easily be borrowed, interest-free, from a national bank" http://www.presstv.ir/detail/2012/12/05/276239/tricks-of-global-financial-elite/As an aside, i had no idea what binary economics is so i looked it uphttp://en.wikipedia.org/wiki/Binary_economicsBeing a christian i see why the author is a proponent …it combines heaven and hell.