It may be slow but if I have woken up, we can all wake up. require the banks in question to pay a “special tax: exactly equivalent to the bond interest !! Are the masses ignorant by design? If the government is so strapped for cash that it needs to borrow money from a bank each year, why is it that as soon as this credit crisis arose the government had a seemingly endless amount of money to lend to the banks? [14] BIS is owned by the Federal Reserve, Bank of England, Bank of Italy, Bank of Canada, Swiss National Bank, Nederlandsche Bank, Bundesbank and Bank of France. How does the Monetary Policy Committee of Bank of England set interest rates? Let’s start at the beginning. The Bank was given a Royal Charter, and in 1844, the Bank Charter Act gave the Bank of England sole right to issue notes and coins. Click the OK button, to accept cookies on this website. The Bank of England, as a central bank, is the second oldest on earth, and its framework has been used as guide for nearly all central banks in existence today. Rothschild owns the majority of Bank of England stocks since the Napoleon war. It was initially a private bank in 1694 acting as lender to the Government. Thanks to everyone who has posted. To hold an item is not the same as owning and item. If the UK government really does own the Bank of England why doesn’t it simply issue all the money it needs itself and bypass the BoE? For this year’s #ExploreYourArchive campaign, we’re going to be looking at some of the fantastic items in the Bank of England Archive. David Icke writes in Children of the Matrix, that the Rockefellers and Morgans were just “gofers” for the European Rothschilds. The first shareholders came from a variety of backgrounds, trades and professions, including carpenters and grocers, merchants, doctors, knights and royalty. The US Fed and the Bank of England: Ownership, structure and ‘independence’ Peter Howells ABSTRACT This essay looks at the foundation and development of the US Federal Reserve and the Bank of England, through the perspective of the recent debate over central bank independence in the design of optimal monetary policy. We use necessary cookies to make our site work (for example, to manage your session). There is a linear connection between the Rothschilds, the Bank of England, and the London banking houses which ultimately links the … One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. The government didn’t have an endless supply of money. It’s like my left pocket borrowing money from my right pocket. Rather criticise the monetary CONTROL system, we should praise it for the enormous growth, inventions, innovation and quality of life we currently enjoy. Private ownership (a separate issue) of the Central Bank should be anathema to any democracy. Topics; Virgin Broadband, Any Good? My favourite item, is bank stock ledger number one. The Bank is a public sector institution, wholly-owned by the government, but … The English,French and Spanish empire’s took 4.5 continents Of the world for the bankers who financed them.the bankers then set up the financial system,the printing and distribution of money and the setting of interest rates .it is the job of the American military to take the other 1/2 continent and to keep the 4.5 in line.all central banks r control ed by the same bankers who financed these empires.thank you! But then that wouldn’t suit the international banking houses, who love weak, bankrupt governments, and weald so much power through finance. Those with more than £500 of Bank of England stock were entitled to vote at annual meetings. 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