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Central Bank being exposed


mlsv2f

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Interesting how the papers have massaged the fact that the people's money is being held hostage by the central banks.

 

"In order to prevent capital from leaving the country, the central banks have closed all banks and put limits on ATM withdrawals"

 

This is direct control of other people's money, and yet, when textbooks and statist economics speak of the role of central banks, never do they mention that they exist to serve as a way to trap people's money in a failing country. The central banks, as governments, are always said to be in existence to help the people, and yet once again, when the people want to remove their money from the banks, they are not allowed to.

 

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