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Article: Money for Nothing PDF Print E-mail
Written by Grant Robb   
Thursday, 29 April 2010 22:40

Dire Straits sang in the 1980s, "...Get your money for nothin' get your chicks for free".

After reading this following eye opening article about how banks generate money, perhaps the banks should change the lyrics to "(we) get your money for nothin' (we) get our cheques for free".

The following is what is happening around the globe to millions of people daily; banks literally creating money out of thin air by 'monetising' your signature, then 'loaning' this money back to you (as if they somehow did you a favour). On top of that, they then expect you to pay it back to THEM...with interest!

Not possible? Can't be done? They wouldn't? Yes it is, can be, and they do...all the time. As the banker in the article when in the witness stand states, "That is how it works."

Hopefully by sharing this it might save a few more people from financial ruin, broken marriages, family stress, unnecessary suicides, lost confidence and more.

Read and be wise.

Last Updated on Saturday, 15 January 2011 04:52
 
 
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