The Bank of England Is Irredeemable.

#money #inflation #centralbank

We are now seeing calls from leaders of the financial sector or the City of London for reforms at the Bank of England.

I have been critical of Central Banks for many years so it is nice to see the Bank of England coming under scrutiny.

My view, nevertheless, is that the Bank of England, along with other Central Banks, is beyond reform and has no place in a free society as it is a monopoly that melds government and private bankers at the expense of the general public.

Telegraph article - Bank of England ‘must stop creating money out of thin air: https://archive.ph/JpBCn#selection-2831.4-2831.61

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