Folker Hellmeyer, chief analyst of the Landesbank of Bremen, has some essential questions and suggestions vis-à-vis the current NSA & Co. revelations. He says: “I wish heartily for the United States a return to the values of the U.S. Constitution and respect towards third parties.”
Posts Tagged ‘Euro Crisis’
Money lies disguise banking truths
April 17th, 2013
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Economist Norbert Haering, discussing “the veil of deception over money“, argues that closely limited and clearly specified interests distort deliberately the true nature of banking. The vast majority of money in circulation, he says, isn’t issued by central banks but by private financial institutions.