Why BRICS BANK is different then Other Banks. - BANKS is MONEY CREATION, and NOT INTER MEDIATION.
Dear Brothers and Sisters, how are you all today?
As I promised I needed to do some investigation to provide
as much proof and so You all can understand what really has been going on for
many years, by these Bankers, which have been applying these Illegal Postings in
their BALANCE SHEETS.
That’s why the BRICS BANK decided to create their own Bank,
so the MONEY You would LOAN would not be applied these Method which many
of these bankers Are doing. So the BRICS Bank is bring the CHANGES we need to
stop all these Corrupted Bankers so they can change their ways of Business.
You can search for this topic and it will explain you all exactly.
“Micheal Kumhof, IMF
show how banks create money out of NOTHING.”
This shows that all the Banks are making money out of LOANS
and not DEPOSIT, As they made us believe.
INFORMATION FROM BANKS.
The key functions of
BANKS is money creation, and not intermediation.
And If you tell that to main stream economist that is already provocative,
but its 100 % Correct.
What Banks do when they create new LOANS.
On the Left side (DEBIT) assets side of the Balance Sheet, When
the banks creates a Loan they create a additional Loan entry for the Customer
for the Amount of the Loan.
And then (CREDIT) Creates an Additional DEPOSIT entry in the
BALANCE SHEETS of the banks for the same amount.
So you have 2 Transactions created one the DEBIT Side for
the CUSTOMER the Loan and the Credit Side the DEPOSIT Entry for the Customer for
the Loan Amount.
This process is how they make GOOD MONEY is Created out of THIN AIR.
How about Inter-mediation.
The common Definition of Iintermediate is that the BANKS or
the banking system as whole accept non bank Deposit of Savings, some bodies
savings and then lend those savings to somebody else who needs it. Under this definition
banks are not Intermediates.
They never ever do that.
But what they do is the same which have explained above in
their Balance Sheets. Because it the same person which both posting are referring to.
LOANS come before DEPOSITS, so Loans create DEPOSITS and not
vise a versa
BANK never Lend CASH directly.
What THE BANK has
done is to create its own funds of Deposit in the act of lending, and has not
to wait for any body to deposit something first, in order to make the Loan he Created
his own funding. That is of cores a absolutely extraordinary privilege .
The BANK is providing Check Clearing Services Only nothing
So you see why BRICS is the only LEGAL way of asking LOANS
and not the Way we used to do before by going to this Banks and as them
for LOANS. They also know that is Illegal and would and day we all have
to face the Consequences of their wrong doing which is progress.
So I hope again in providing the TRUTH so if you have plans
to ask for A LOAN to understand that the BANKS will not tell you the
TRUTH what They have been doing by Creating MONEY from NOTHING.
Have a nice day.
Curacao Intelligence Service (CIS)
Curacao Caribbean & International Compliance
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