How decentralized finance will transform business financial services – especially for SMEs For smaller businesses in developing markets, decentralized finance offers a more suitable system than traditional banking Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to …[continue reading]
According to Richard Werner, banks do not make loans and they don’t take deposits. During what we think is a loan process, the customer issues a promissory note (IOU) and the bank buys it from the customer. But the bank does not actually give the customer money. To see what is happening, we must switch …[continue reading]
Mortgages aren’t the only financial instruments that get turned into securities. Paddy Hirsch explains how companies make money by buying credit card debt and bundling it. EMBED A VIDEO (Optional):
Catherine Austin Fitts The Highwire with Del Bigtree EMBED A VIDEO (Optional):
The Central Banking Scam by Patrick Macfarlane | Jun 21, 2021 Oddly enough, the one question that finally brought me to anarchy was: “where does money come from?” It was perplexing to me that the answer to such a simple question could be so simple, yet so complex—and, moreover, absurd. So? Where does money come …[continue reading]
It’s all coming to a disastrous end and the world faces a very dark future Alasdair Macleod: Yesterday, the FOMC [Federal Open Market Committee] released its June statement which only served to remind us that its members are powerless in the face of inflationary conditions. They refuse to accept the price consequences of monetary inflation, …[continue reading]
Source – lewrockwell.com “…This is what is happening now in this fake Covid fraud, which is leading to a reset and complete restructuring of all monetary systems. Make no mistake about it; this is about power and control, and it should be understood that without control over the money, control over the people is not …[continue reading]
The greatest opportunity to achieve financial freedom in our lifetime is here; this opportunity involves cryptocurrency and blockchain technology. The most well-known cryptocurrency is Bitcoin. Last year, August 28, 2020, I published my first video about cryptocurrency titled “The Power of Cryptocurrency: Is Cryptocurrency Dead Money?” In that video, I said that “because many corporations …[continue reading]
In recent weeks a debate has sprung up in various corners of the Freedom/Truth movements. Particularly, a debate between the section of this community that believe blockchain and/or cryptocurrency can play a role in the quest for liberation, and those who believe that blockchain/crypto is simply a tool by the Predator Class to ensnare everyone …[continue reading]
Economist and host Danielle DiMartino Booth talks with economics Professor Richard Werner about how banking really works, how money is actually created, what quantitative easing is really about, and why the Central Banking Cartel’s new digital reserve currency project will wipe out diversity in banking and drive global inflation. The answers to these questions also …[continue reading]
