Why do banks issue bonds if u say the money is created 😂

Thx for this sort of content it is much appreciated

TLDR: you cant create assets out of existing liabilities, and deposits are liabilities

No man should ever have the right to create money for free that another man has to work for. Every man should refuse to work for and hold a money that another man can create for free, thereby diluting them and stealing from them. All roads lead to Bitcoin. That is now inevitable. This corrupt and evil fiat monetary system, whereby some can create money out of thin air, for free, to the cost and detriment of others, will be destroyed. That is why Bitcoin was born. Bitcoin is gunpowder. Adopt it and record your wealth on its immutable and incorruptible ledger; or become its victim.

No man should ever have the right to create money for free that another man has to work for. Every man should refuse to work for and hold a money that another man can create for free, thereby diluting them and stealing from them. All roads lead to Bitcoin. That is now inevitable. This corrupt and evil fiat monetary system, whereby some can create money out of thin air, for free, to the cost and detriment of others, will be destroyed. That is why Bitcoin was born. Bitcoin is gunpowder. Adopt it and record your wealth on its immutable and incorruptible ledger; or become its victim.

Hello! Great presentation! I have two questions though. First of all, when we draw money with our debit card from our bank account, where does this cash come from? Form the capital of the bank, from the central bank reserves the commercial banks have or from their settlements accounts, the ones you mentioned in your other video "Exactly how do banks create money"? Secondly, if I got it right, the western banks in the past used a combination of all three theories of lending/banking systems but relied primarily in the third type? And all these mean that every time a customer opens a bank account, the bank actually owes them the money that they deposit or not? Because you said in a previous comment that people's money in the bank are in fact money owed them by the bank. Thank you!

#Bitcoin brought me here🙏🏼🙌🏼💥🔥🚀🌟

But you didn't mention the money creation is a gift by the Rothschilds...😊

Question: so essentially, Bank acts as a worm hole which takes money from the future you and gives that money to the past you. Also it charges premium(interest) to move money backwards in time. Am i getting something wrong?

Question: do we destruct more money than created in the first place when we make repayment of the loan + interest. BTW great presentation !

I tried telling people this over 12 yrs ago I was laughed at 🤷‍♀️

Fascinating picture of the clearing clerks going through their process of depositing cheques.

It is important to stress when people argue against the fact that banks don't lend out their customers deposits that they can't because the deposit is a debt they owe the customer and nobody could argue that anyone could lend out their debts.

There is money..All.banks do is give out notes..Notes are promissory notes. They are IOUs they are debt. They break our collective promise up into smaller parts and convert that to their own promises. Banks can't make promises. They don't lend money they borrow it.

4:20 - Payment Via Book Transfer 16:50 - Reserve requirements and Capital Requirements

Nothing wrong with the system, as long as it is transparent and owned by the community. That applies to the central banks and big banks.

Banks don’t create money. Banks only create currency. Money is gold and silver coins, which are produced by mints.

WHEN BANKS LOAN YOU MONEY ,THEY SEND A DEBIT TO THE TREASURY .THEY GET MONEY FROM YOUR SOCIAL SECURITY TRUST THEN MAKE YOU PAY IT BACK ,WHEN IT WAS YOUR MONEY TO BEGIN WITH .THATS FRAUD .YOUR BEING TOLD YOUR THE DEBTOR ,IN REALITY YOUR THE CREDITOR .DI YOUR RESEARCH .NOTHING HAPPENS WITH OUT YOUR UNLIMITED CREDIT .THE BANKS COMMIT FRAUD EVERYTIME YOU MAKE A LOAN FROM THEM .WAKE UP SHEEPLE. BANKS SCAM YOU BY FRAUD .USC 1611 LOOK IT UP .

Fractional reserve banking is a system in which only a fraction of bank deposits are required to be available for withdrawal. Banks only need to keep a specific amount of cash on hand and can create loans from the money you deposit. Fractional reserves work to expand the economy by freeing capital for lending. Today, most economies' financial systems use fractional reserve banking.

Banks don't create money the signature on the promissory notes do.Banks don't give credit. They extend it.They borrow it they don't lend it.

So you application for a loan becomes an asset on the BANKS books means you are the lender.. this is criminal behaviour.

This is how Modern Money Theory ( MMT ) starts out. Pointing out how exactly how the system works is the first step in fixing it. As of now, 622 thumbs up, 🥴Are folks truly not interested ?

Total nonsense, Private banks do NOT "create money", only the Fed Res bank "creates (new) money". If private banks could create money, all bankers would be gazillionaires, and fiat money would quickly become worthless!! Any textbook that claims otherwise is simply wrong.

Isn´t it only the Central Banks that create mone?. Private Banks get the money from the Central Banks.

Excellent explanation … finally .. thank you!

Thanks for such an amazing content, it is easy to understand including beginers

Actually no, banks do not create money. They create deposit liabilities (bank debt), denominated in dollars, that people sign a contract agreeing to pay. Because the deposit liability is denominated in dollars, people mistakenly refer to it as dollars or money. There is nothing in fact or law that makes bank deposit liabilities money, that notion is just an ingrained figment of the imagination born from a perception based theoritical fiction.

Banks also destroys the money they created.

Well it is simple. People put money into the bank. It is unlikely that all the money on deposit (held in the bank) will be needed at any time, so they can loan out more money than they actually have. That is typically 10 times the money it holds.

Your explination is flawed as it is based upon a poorly rationalized theoritical fiction (not yours, you're just repeating it) in that, bank deposit accounts are money. There is nothing based in fact or logic that makes bank deposit liabilities representing the account holder's claim to physical cash and coin from the bank to, bank deposit liabilities are the money. This is an instilled belief. Banks debiting and crediting user accounts in the amounts is not a form of money, it's accounting. Ludwig von Mises refferred to this bank accounting process as offsetting, where account balances are maintained without the use of, or need for, money. When banks generate "loans", thet do so as a bank deposit liability that the "borrower" signs a contract agreeing to pay. Basically, the borrower is agreeing to pay off the bank's deposit liability it created on its balance sheet. If the desire is to continue to allow banks to commit fraud against their account holders and borrowers, then a more appropriate term to use would be 'deposit credit', not 'deposit money'. Bank created and managed deposit credit serves the same functions and causes the same problems as money but with the key difference being, unlike money, deposit credit is totally dependant upon the bank's solvency for its continued function and existence.

The Intermediary Theory was developed because in 1933 Glass Steagal was enacted which separated commercial bank money creation from finance establishments. It was recognized that bank credit creation pumped up the stock market.

And now emagine all central banks are in private hands.That is why the goverments are not creating money for their country.Staates got to borrow money from the moneylenders......find out what is wrong.

Great video, islamic banks currently with a 7% presenc in global banking industry, also create new bookmoney into exsistence but in a diferent form, so regardless conventional bank or islamic they all create money but this money is acepted as money mostly only by banks in the same geographic region becuase most likely its costumers will transact with eachother, but in a more fair world and free market institutions like FIDC shoulld not exsist if a bank fails it fails and depositors must share the loss also. Some may argue that banks shoulld be banned and not allowed to create money , but by doing that it would be somehow same as if I would owe Sam 20$ and he wants to buy now a 20$ tshirt from John but John also owes me 20$, so all us 3 agree to cancel our debt without reserve currency freewillingly and the transaction is made, so if we would stop banks from creating money it would be same as if goverment would come betwen us and not allow us to freewillingly make such agreements. And also if moneycreation was all in central bank hands, it would not go well for many reasons.

Banks DO NOT CREATE MONEY!!!! What they do is monetize the promissory note because once you sign that promissory note it becomes a negotiable instrument that the bank turns into money ( Exactly how I do not know ) In other words the bank lends you YOUR OWN money or credit ( whatever you want to call it) and then charges you interest for lending you your own money!!!

Is this more acurate than sayong out of nothing? From an economic viewpoint, commercial banks create private money by transforming an illiquid asset (the borrower’s future ability to repay) into a liquid one (bank deposits); they would quickly be insolvent otherwise. In addition to bank solvency representing a constraint on private money creation, banks require access to liquid reserves in order to be able to engage in money creation.

Borrower draws cash out of his loan account he takes out money From where if not deposited by bank?

Not nothing is it created from but from the promisory note asset Also where does the money thats withdrawn by customer come from?

Buying and selling debt and money

It's true but I think it's the signature of the borrower that creates the money, as a promissory note is just paper until signed, then it has vaulue.

Hej Ib - tusind tak for denne video. Den var ganske oplysende. Jeg har på fornemmelsen at du vil gøre dine lyttere en tjeneste ved at have lidt længere ophold i talestrømmen, sådan så det bliver lettere at fordøje informationen. Med ønske om alt det bedste - Mathias

Banks steal our credit….banks have no money….

Thank you for this information

Your deposit is a loan to the bank so their purchase of your promisory note to repay with interest is placed in your account but classified as a customer deposit and not an account payable on their balance sheet How so? And where does that money come from? Thankyou

Hey mate nice video! I don’t understand how recorded debts between the consumer and banks fit into a balance sheet or whatever ledger thing they use on their computers 😅 Eg. Record of debt between adam and liam Adam +100 liam -100 + 50. -50 -20. +20 ------------ Difference is 130 to be payed to adam How do banks write it down in their system

this person is telling you all LIES and is deceiving and misleading everyone, this is the plain simple truth... A BANK with a NAME upon a Brick or Stone wall... cannot lean nor loan or finance anything to you, its not a man or woman, its merely a NAME upon a BUILDING... that all it is... it is intangible thing another NAME can be made up in an instance and can changed upon this building... it cannot create anything, and we the people OWN every bank office's in all countrie in the world... and all within these public held offices are all Public Servant, whom are all acting as Trustee, doing fiduciary Duties. they are all bound to the BANKING constitutional laws the Bill Of Exchange 1881 and 1882. and the Trust law of 1882 and the contract law of 1872. and the stamp duty 1891 sec 34 a penny; 34Provisions for use of adhesive stamps on bills and notes; (1)The fixed duty of one penny on a bill of exchange payable on demand or at sight or on presentation may be denoted by an adhesive stamp, which, where the bill is drawn in the United Kingdom, is to b& cancelled by the person by whom the bill is signed before he delivers it out of his hands, custody, or power. --------------------------------------------------------------------------------------------- Only a man or woman can create all Cash that is Through a Promissory Note... also known as a Financial Instrument, also known as a Cheque... the Promissory Note Accesses your Private trust which is all Held with the Treasury, which is then Tells the Capital Bank with is our Head Offices to print out that sum of CASH in NOTES which we call ie MONEY. to which then we can use the CHEQUES to also discharge anything, ot we can merely use the PN to Discharge anything and pay the Represented to Pay direct into his or her account. it that simple... really!!!... nothing hard about it... The BANK the meaning of the Word ; What is a basic definition of ​bank? The word bank is used as a noun to refer to a place where people deposit money or to a long mound or slope, like a riverbank. like a River BANK, it hold the water with or BANKS it hold the water within. therefore all the BANK can do is hold all our assets our funds our cash... there are ways to defeat and defend oneself against any claims that the BANK Makes... lol... This is the simple truth Take it or leave it... the BANK can never ever lend, loan, Mortgages, financial loans, overdrafts and so on, everything you ever been taught learn is all lies and misleading of all kinds of entrapments... by these Corrupted Corporates of different Secret Societies... of men and women who are all very uneducated and are knowingly and willingly and willfully aiding and abetting in many levels of human trafficking and racketeering of informations as well...

Thank you for taking time and creating this video for us mate As I can understand fractional reserve theory and credit creation theory are both just ways that a bank creates credit money today, fractional theory assumes that bank A always needs reserves to cover there loans as if the borrower would use the loan to buy from someone at bank B farfar away (probaly at another state) and by this bank B would acept only centralbank money (becuase those bank costumers dont buy much from eachother), by this bank A creates credit noney wich the original bank A depositor could use as money as a type of compensation. And credit creation theory is the other way banks create credit money wich it assumes that borrowers will most likely use there money in the same geographical area and those credit money created by banks will be acepted by those banks in this area and only a small amount of central bank money will be transfered after neting , so is it correct to say that those 2 are just 2 ways a bank today operates and creates credit money? Of course on the creit creation theory it creates much more as I can see! And i saw yesterday 2 organisations one called ourmoney the other positivemoney they had a similar probaly the same idea for a new banking system, if you have knowledge about this do you know is that proposal of them similar to any of those 3 banking theories or it is a 4th and diferent system?

Money are gold and silver what banks create is currency, everything else he said is true

This is amazing. Thank you for this valuable information. This topic really interests me despite not having anything to do with my occupation. IMO everyone should know how money is created, but I understand that it might not be in the best interest of some groups.

Great talk. I only wished you would explain how are the banks limited to making new credits. IIUC they are limited by capital requirements, right?

Banks are criminals that we help them to be criminals