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Criminal Law

: Crime & Federalism

The Banking System is a Shell Game

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The most amazing chart you'll probably ever see demonstrates that the entire banking system is based on a lie. All of the banks owe each other money. You don't need a specialization in white collar criminal defense to recognize that this is a shell game.The same thing is occurring in the United States. The Federal Reserve loans money to the banks at 0% interest. Those banks then purchase U.S. Treasuries. Behold the Pale Horse:

Full post as published by Crime & Federalism on May 07, 2010 (boomark / email).

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