Comments by "Matthew Nirenberg" (@matthewnirenberg) on "How Can This Work?" video.

@davidmorgan3149 You are believing utter lies - it has nothing to do with that. The banks don't care if you or anyone gets scammed. They ask the questions purely for control - they want to ensure that what you do with your money is inline with ESG and all the current WOKE crap. Even electronic payments are getting blocked if it violates ESG - I know as I've had to deal with the issue myself when doing a regular purchase after the bank decided to roll out ESG. They care about control over the money you donate to them. Once you "deposit" money into the bank, you've actually donated it to the bank and you're an unsecured creditor from that point on - i.e. it's no longer your money. Most banks in the "English Speaking World" used to have reserve requirements - since 2020 in most places that requirement has been abolished. Also, instead of fractional reserve banking being restricted to loaning $100 for every $1 held, the banks commonly loan out $1,000,000 for every $1 held as the BIS permit such reckless behaviour. This results in them loaning out non-existent money at close of business and borrowing it all back just before start of business the next day. There is zero liquidity and all banks are 100% broke - they just don't want the masses to realize this as that would cause a run on the banks and because it would destroy all confidence in the currency resulting in the currency becoming instantly worthless over night. The other reason the bastards want to know everything is thanks to the assholes that are the USA who try to force AML/KYC on everyone as they want to see everything you do (they collect, profile and then sell the data - its a huge industry worth trillions) and to ensure they can tax you at every possible chance.
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