tag:blogger.com,1999:blog-2761684730989137546.post3940066413977402405..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Simon Jenkins - The links between politics and banking are desperately unhealthy, for all of usmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-13312946070571859902020-08-21T07:20:45.289-04:002020-08-21T07:20:45.289-04:00If it was fraud they would all be arrested for fra...If it was fraud they would all be arrested for fraud...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-82641877444389883102020-08-21T02:02:29.093-04:002020-08-21T02:02:29.093-04:00It's not just politicioans whose brains are co...It's not just politicioans whose brains are controlled by bankers: it's economists as well.<br /><br />A nice example of that is the fact that if you Google "fractional reserve" and "fraud" you'll find a good FIFTY articles explaining why the existing bank system is fundamentally fraudulent. Indeed, I set out my own very brief explanation here:<br /><br />https://fractionalreserveisnonsense.weebly.com/<br /><br />But the main official UK government response to the 2007 bank crisis, the so called Vickers Report (cobbled together by a committee of top economists) does not so much as mention the word "fraud".<br /><br />Reason of course is that leading economists are a collection of old duffers with nothing between their ears, and whose brains are easily controlled by bankers. Those economsits are as much part of the corrupt establishment as are bankers: they all send their children to the same private schools and socialise at the same cocktail parties. Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-35807971937382644302020-08-20T17:31:01.691-04:002020-08-20T17:31:01.691-04:00“ for the bankers (state hand-outs and soft touch ...“ for the bankers (state hand-outs and soft touch regulation) ”<br /><br />Yo moron... they periodically put $100Bs of reserve assets on the banks “to lend out” and instantaneously make them all insolvent...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.com