Discussion in 'YouTube Digest' started by ozcopper, Jul 16, 2020.
THINK YOU’RE NOT LENDING MONEY TO INSOLVENT BANKS? THINK AGAIN. | John Adams
Just finished listening to this.
Something to keep an eye on
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.
Recent update with Martin North and Mr. Adams.
This is a further update on the Bail-In law.
Both John Adams and Robbie Barwick have been very active on this topic.
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