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Gordon Wilson
Richard J Murphy
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Comments by "Gordon Wilson" (@gordonwilson1631) on "What is modern monetary theory" video.
@legalfictionisfraud We each have the right to issue IOUs. Allowing private commercial banks to issue their IOUs as the nation’s money supply is highly irresponsible and has led to where we are and can only get worse with time. The Bank of England Q1 Bulletin explains how money is now created. Private banks are way ahead in this game of power play and politics.
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There’s a constant battle over long time periods about creating a country’s money supply. The private central bank and private commercial model dominates for now, from the US Federal Reserve Act of 23rd December 1913. I know The Bank of England is State owned but it is made to run along similar lines as the domineering FED. This is the Crime of the Centuries.
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