He Exposes The Banking System

Godfrey Bloom Exposes The Banking System.Show more

I typed a transcript for you below:

Godfrey Bloom said: All the banks are broke. They're broke because we have a system called fractional reserve banking. Which means banks can lend money they don't actually have. It's a criminal scandal and it's been going on for too long. We have counterfeiting sometimes called quantitative easing. The artificial printing of money. Which if any ordinary person did they'd go to prison for a very long time. And yet governments and central banks do it all the time. Central banks repress the amount of interest rate are so we don't have the real cost of money. It's central banks that manipulate interest rates commissioner. And plus underneath all this we talk loosely about deposit guarantees. So when banks go broke through their own incompetence and chicanery the taxpayer picks up the tab. It's theft from the taxpayer and until we start sending bankers and I include central bankers and politicians to prison for this outrage it will continue.