Re:Credit Suisse sheds nearly 25%, key backer says no more m...
by bumby on Wednesday March 15, 2023 @12:17PM
(#35170606)
For the conspiratorially minded, this is a feature, not a bug. The theory is that the creation of the current central banking system was, in part, to wrest power from the growing influence of regional banks back to the megabanks.
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Re:Credit Suisse sheds nearly 25%, key backer says no more m...
by checkcircuits on Wednesday March 15, 2023 @06:33PM
(#35175636)
It's not a theory nor is it a conspiracy insofar as it is lacking evidence. The collapse during the great depression was used to sell the fallibility of the small banks. Senator Aldrich took the bill written by the wealthiest bankers in America straight to congress to form the fed.
It's relatively well known in fact [0]. Once you realize that was the intention to begin with the structure of modern banking starts to make a lot of sense.
[0] https://www.federalreservehistory.org/essays/jekyll-island-c...