The Parasitic Nature of the Central Banking Model.
#endthefed #money #bankofengland #federalreserve #fiatcurrency #freedom #freemarket #communism #banking
Today I will go over the nature of our current central banking and monetary system and how it is a system that favours very few people but prejudices the general public.
I will also recommend some books on money and central banking that will hopefully help the viewer understand this question better.
My conclusion is that central banks are anathema to human freedom and therefore the free market.
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From the burst of Japanese bubble in1990, BOJ gradually proceeded to purchase Nikkei 225 companie's shares. Now 50% of them are under BOJ control. For example, BOJ is the second largest shareholder of First Retailing(UNIQLO located in Regent St. London etc.)through ETF.
Yes, I have seen the UNIQLO stores and have to say I am surprised they have survived as the quality seems to be second-rate. Now I know why they are still around. Thanks.