This Canadian legal case

December 2025 Forums General discussion 100% reserve banking This Canadian legal case

#86896
alanjjohnstone
Keymaster

This Canadian legal case might be an interesting one to follow. Whether it adds anything of importance to the debate, we shall see.http://www.theepochtimes.com/n3/1290580-bank-of-canada-faces-lawsuit-for-alleged-imf-conspiracy/I think the consensus opinion from the Money Creation folk is now is that banks don't really survive from depositors money and the difference in interest rates of lending and borrowing …but from the difference in the rates they borrow from other banks and lend to other banks… soit is still all dependent upon deposits…even if from other bnks as customers/clients