Finance Broker Learns That Banks Don’t Loan Money – What Happens Next?

Submitted by Galactic Free Press on Thu, 04/09/2015 - 08:58

By Uwe Schafer
Guest Writer for Wake Up World

What happens when a former finance broker realizes that banks don’t loan money, they create it out of thin air?

Imagine if you were a finance professional who sells loans for a living, and one day suddenly found out that banks do not actually lend anything when they claim to issue a ‘loan’?

In early 2011, whilst working as a Finance Broker in Perth, Western Australia, I was pointed towards this very information for the first time by a good friend. I instantly sought substantiation through in-depth research and investigation, and much to my dislike, it wasn’t very difficult to confirm these initial, incredible sounding claims. Banks create ‘money’ from thin air and loan it to you, at interest. This is the lie upon which the entire world of banking and finance is founded.

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