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How Money REALLY Works

The Money Podcast

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The Cartel of Central Banks

Banks have set up a system where they can make money out of nothing. You are led to believe that the central banks and the governments are independent, but they're not. They are in cohorts. They are a cartel. Where do those tens of billions of pounds that the government give to the banks to bail them out? Where does that come from? You, me, you. That's a really freaking clever system. And that's why the governments and the central banks aren't independent.

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