London Firm was Created to Route Cash This article in the Wall Street Journal shows how the “funny money” that banks create out of thin air as “financial products” and “derivatives” is short of a farce, if not con and fraud, or “legal forgery” as one author describes it. However, we’ve come to realise that [...]

Filed under: Banks, Central Banks, Companies, European Central Bank, Money as Debt, Nation States | Tagged: Banks, Companies, National Bank of Greece | 2 Comments »