Thursday, August 17, 2017

A new international currency?

The wealth transfer to the banking system since President Nixon abrogated the Bretton Woods Treaty – without any vote or debate – has been astonishing.  For the period 2006 through 2016, according to the FDIC, they include distributing $818 billion in dividends to bank shareholders, $1.8 trillion in employee compensation, $4 trillion net interest income on money that banks created out of nothing, and $6.5 trillion in revenues net of interest expense.

http://www.americanthinker.com/blog/2017/08/a_new_international_currency.html

No comments: