Since Ancient times money lenders have lent money but since the introduction of fractional reserve lending, a process by which money lenders could lend more on paper than what they had on deposit in gold or silver, they have multiplied their holdings over the centuries which accounts for trillions floating in economies round the world as public DEBT.
Money lenders have established a grip on the money supply by lending to Governments from funds created out of thin air, paid for by the tax payer.
Government borrowing is not financed by the Bank of England - that would make no economic sense. It is financed by sales of Government bonds at debt auctions. Interest is paid to the bond holders, not the BoE. Look up "Debt Management Office".
Similarly, "you and I are not allowed to know who the shareholders [of BOEN] are". Nonsense - there are 2: the Bank itself, and the Bank Secretary. Wikipedia has the relevant citations.
@shortshrift15 look here retard the proof is in your wallet if you take out a £5 or £10 note you will clearly see written on it issued by the BANK OF ENGLAND the goverment sell bonds to the bank of england and they give notes but with interest this is how all fiat money works. go check out more videos if u want more proof.
But what would surprise everybody is that the Bank Of England, which is entitled to issue cash, then lend it and charge interest to the government, is still essentially a private business.
In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK. Some people say that Mandelson's buddies, the Rothschilds are major shareholders. Also the Queen. But the information is secret. We are not allowed to know.
Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.
@paulhogg1 - Then the same error has been made in the video title.
Either way, the question is mired in confusion as he is asking the parliament to seek disclosure of information that is already public.
I have included the answer to his question in my earlier reply; even if it hadn't already been known, it isn't very exciting - what were folk hoping for?
The poor guy is confused and embarrassing himself.
He is demanding disclosure of information that is already public, and has confused the Bank of England with its subsidiary Bank of England Nominees Ltd. (BOEN).
There are 2 shareholders of BOEN: the Bank of England itself, and the Bank Secretary.
The Bank of England (as distinct from BOEN) has 1 shareholder: HM Treasury has held 100% of the shares since its nationalization in 1946.
Just embarrassing that he paraded his confusion like this.
The owners? The Sax Coberg Gothas (Windsors) and the Rothschilds, as far as anyone can tell.
historypoliticsbb 1 month ago
Since Ancient times money lenders have lent money but since the introduction of fractional reserve lending, a process by which money lenders could lend more on paper than what they had on deposit in gold or silver, they have multiplied their holdings over the centuries which accounts for trillions floating in economies round the world as public DEBT.
Money lenders have established a grip on the money supply by lending to Governments from funds created out of thin air, paid for by the tax payer.
christvbible 2 months ago
The UK government says it owns the BoE. It was nationalised in 1949. Either way, it is there to help out the bankers.
god0fgod 5 months ago
@bczot - Total loony stuff. Congrats.
Government borrowing is not financed by the Bank of England - that would make no economic sense. It is financed by sales of Government bonds at debt auctions. Interest is paid to the bond holders, not the BoE. Look up "Debt Management Office".
Similarly, "you and I are not allowed to know who the shareholders [of BOEN] are". Nonsense - there are 2: the Bank itself, and the Bank Secretary. Wikipedia has the relevant citations.
shortshrift15 8 months ago
@shortshrift15 look here retard the proof is in your wallet if you take out a £5 or £10 note you will clearly see written on it issued by the BANK OF ENGLAND the goverment sell bonds to the bank of england and they give notes but with interest this is how all fiat money works. go check out more videos if u want more proof.
lying2ureself 7 months ago
But what would surprise everybody is that the Bank Of England, which is entitled to issue cash, then lend it and charge interest to the government, is still essentially a private business.
bczot 8 months ago
In other words, you and I are not allowed to know who the shareholders are who own the company which carries out Central Banking in the UK. Some people say that Mandelson's buddies, the Rothschilds are major shareholders. Also the Queen. But the information is secret. We are not allowed to know.
bczot 8 months ago
Bank of England Nominees Limited was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.
bczot 8 months ago
Comment removed
tedshield 9 months ago
Comment removed
tedshield 9 months ago
Comment removed
tedshield 9 months ago
Comment removed
tedshield 9 months ago
Comment removed
tedshield 9 months ago
@paulhogg1 - Then the same error has been made in the video title.
Either way, the question is mired in confusion as he is asking the parliament to seek disclosure of information that is already public.
I have included the answer to his question in my earlier reply; even if it hadn't already been known, it isn't very exciting - what were folk hoping for?
shortshrift15 9 months ago
The poor guy is confused and embarrassing himself.
He is demanding disclosure of information that is already public, and has confused the Bank of England with its subsidiary Bank of England Nominees Ltd. (BOEN).
There are 2 shareholders of BOEN: the Bank of England itself, and the Bank Secretary.
The Bank of England (as distinct from BOEN) has 1 shareholder: HM Treasury has held 100% of the shares since its nationalization in 1946.
Just embarrassing that he paraded his confusion like this.
shortshrift15 9 months ago
@shortshrift15 I thought he did refer to them as the BOEN but when he mentioned Bank of england second time he did in error surely?
paulhogg1 9 months ago
who could the shareholders of the Bank of England be???
optionsupdate 11 months ago
Bloody right we should know, at the end of the day these people are profiting on the backs of us the people.
eyeswideopennimrod 1 year ago 4
and whats the answer? :-))
lookingforthemeaning 1 year ago
@lookingforthemeaning - there should be an answer from the Commission's desks - we'll wait for it.
europarl 1 year ago
@europarl oohhh. im getting all tingly
lookingforthemeaning 1 year ago
thats the kind of question that i want to be answered. good work.
ganjacrew1 1 year ago
"All animals are equal, but some animals are more equal than others."
George Orwell
arthur1411 1 year ago 15