THINK YOU’RE NOT LENDING MONEY TO INSOLVENT BANKS? THINK AGAIN. | John Adams

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  1. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    THINK YOU’RE NOT LENDING MONEY TO INSOLVENT BANKS? THINK AGAIN. | John Adams

     
  2. Lucky

    Lucky Active Member

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    Just finished listening to this.
    Something to keep an eye on
    Cheers
     
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  3. STKR

    STKR Well-Known Member Silver Stacker

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    It makes you wonder what the difference between an individual depositing currency into their own bank account vs a bank account being used as a means to receive payment for a good or service?
    Does the establishment of a bank account in your name automatically qualify the credits to that account, whether from you the account holder, or another person or entity, as being unsecured credits to that banking entity?
    The introduction of the bail-in laws were one of the primary reasons I pursued PM's as a store of wealth. I also love holding cash outside of the banking and financial system to reduce my indirect participation in the fractional reserve banking scheme.

    Godfrey Bloom speaks passionately about this in the UK parliament.

     
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  4. STKR

    STKR Well-Known Member Silver Stacker

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    Recent update with Martin North and Mr. Adams.

     
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  5. Markco2

    Markco2 Active Member Silver Stacker

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    This is a further update on the Bail-In law.
    Both John Adams and Robbie Barwick have been very active on this topic.

    <iframe width="647" height="364" src="" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
     

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