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J G
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Comments by "J G" (@JG-fv9bv) on "Marr: Sunak threw the kitchen sink at the cost-of-living crisis but it comes at a cost | LBC" video.
Excessive money creation ( printing ) causes Inflation
1
By paying the money into people's bank accounts ( rather than just reducing people's bills by the sane amount ) under Fractional Reserve Banking the Bank can then lend out 10X the amount in non existant credit , every £1 people get/put into their bank accounts the Bank can add £10 to its ledger
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Printing hundreds of billions ....mostly went to chums , Globalist chums and corporationcorporations , Gates Foundation etc .... who then wen on to buy physical assets with the "non existent credit "
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