The Central Bank Swindle – Part Three

If you take this to its logical conclusion, 2 things become pretty clear. The first is that the government can’t repay the money it owes to the central bank. If the central bank creates it first transaction at £100m….and if the government never does another transaction, where does the money come from to pay back the interest owed to the central bank? The answer is that it cannot ever be repaid. The only legal currency comes from the central bank so the principle can never be repaid.

If all the money was taken out of the UK financial system tomorrow and given back to the central bank, there wouldn’t be enough because of the debt that has accumulated and which is legally owed to them.

This is why central banks must continue to print more and more money. The extra printing of money is called “inflation” and it must be built into the system in order to repay the bankers the interest that the government (the tax payers) owe to them. Mr Browns current planned spending binge will mean that inflation goes way up as the banks print more money.

Now….if you have been paying attention, you will wonder and scratch your head. How on earth can these central bank guys just print money from thin air and then be able to buy companies, houses, gold…you know, real stuff….stuff that’s actually worth something with little pieces of paper that they create out of thin air?

Well, the politicians have done a little deal with the bankers. You see, the politicians don’t like taxing you because then you will vote them out of their nice job, big post-politics boardroom pay packets and very important positions. The politician’s number one rule is to get re-elected. They just accept the way the whole system works and to be honest, not many of them have figured it out. The end result of the scam is bankruptcy and a hyper inflationary bust as the central bank must print more and more money to give to the government to repay the debts that the government has accrued to the central bank in the interest on the money on the principle it has borrowed from the central bank.

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For More information on specific Banks use these links

• Alliance & Leicester
• Barclays
• Capital One
• Child Trust Fund
• First Direct
• HSBC
• Post Office
• Tesco Savings

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Tags: Central Bank, Gordon Brown, Hyper Inflation, Inflation, Money, UK Financial System