Volker Pispers kritisiert Geldschöpfung

Comedian Volker Pispers criticizes the creation of money (credit money creation) by banks. More information can be found here: http://inflationsschutzbrief.de/gelds... Money creation in cabaret: It is very welcome that comedians like Volker Pispers are now also criticizing the creation of money by banks and the monetary system. Previously, only Dieter Hildebrandt was willing to do so. Money creation refers to the generation of money. Most people still assume that the state creates its own money through the central bank, in Germany the Bundesbank (money creation). However, the Bundesbank, via the ECB, only creates about 10% of the circulating money supply as legal tender. The remaining 90% of the money supply (bank money – not legal tender) is created by commercial banks by issuing loans (money creation from credit = debt money). Money creation Inflation Protection Letter – the monetary system analysis investment magazine (stock market service) with current information for investors and interested parties on the topics of the monetary system, finance, monetary policy and investment strategies: http://inflationsschutzbrief.de