This Sunday, we are thrilled to welcome author and speaker Daniel Thompson-Mills to The Amish Inquisition Podcast! Daniel, co-author of the eye-opening book “The Truth of How Money is Created & the Financial System – How a Small Number of People Siphon Off the Vast Majority of the World’s Wealth for Themselves and How To Change This”, will be joining us to delve into the intricacies of the financial system. 💸🔍 Topics to explore: The creation of fiat money 💵The history and significance of the Bradbury Pound 🏦The inner workings of central banks 🏛️Practical solutions to escape modern debt slavery 🔓 Why you should tune in: Gain a deeper understanding of how money is created and controlled.Learn about the historical context and potential solutions to financial inequality.Discover actionable steps to achieve financial freedom and challenge the status quo. Don’t miss this enlightening conversation! Set your reminders and join us live for an engaging discussion that could change the way you view money and the financial system forever. 🌍✨ Find Daniel here: https://www.dandelionspeaks.msvr.uk/ From the web: Fiat money is created through a process that involves both central banks and commercial banks. Here’s an overview: Central Banks: Central banks, like the Federal Reserve in the U.S. or the Bank of England in the UK, have the authority to issue currency. They do this by printing physical money (bills and coins) and by creating electronic money. This money is then distributed to commercial banks.Commercial Banks: Most of the money in the economy is created by commercial banks through the process of lending. When a bank issues a loan, it doesn’t necessarily hand over physical cash. Instead, it credits the borrower’s account with a deposit, which is essentially new money created out of thin air. This process is known as fractional-reserve banking.Government Bonds: Central banks can also create money by purchasing government bonds. When a central bank buys a bond, it credits the seller’s bank account with new money, increasing the money supply.Monetary Policy: Central banks use tools like interest rates and reserve requirements to control the amount of money in circulation. Lowering interest rates makes borrowing cheaper, encouraging spending and investment, which increases the money supply. Conversely, raising interest rates can reduce the money supply by making borrowing more expensive. Fiat money derives its value from the trust and confidence that people have in the government that issues it, rather than from a physical commodity like gold or silver. #MoneyCreation #FiatMoney #BradburyPound #DebtSlavery _______________________________ Follow us here: https://allmylinks.com/the-amish-inquisition Signup for the newsletter, join the community, follow us online, and most importantly share links! Producer Credits for Ep 355: Producers - Emma Bridges, Lee from The Big Conspire, Helen, Gav Scott and Rhona Kesson _______________________________ Leave us a voicemail: 07562245894 Message us here....follow, like, subscribe and share. (comments, corrections, future topics etc). We read out iTunes reviews if you leave them. Website - http://www.theamishinquisition.com/ Join the Element server: https://matrix.to/#/%23the-amish-inquisition%3Amatrix.org Subscribe to the Newsletter: Drop us an email and let us know Get your Merch from: The Amish Loot Chest - https://teespring.com/en-GB/stores/amish-inquisition-loot-chest Amish Decals: https://linktr.ee/zensticks Email - theamishinquisition@gmail.com Buy us a Coffee - https://www.buymeacoffee.com/theamishguys Twitch - https://www.twitch.tv/theamishinquisition Rumble - https://rumble.com/c/c-1347401 Twitter - https://twitter.com/amishinqpodcast Facebook - https://www.facebook.com/amish.inquisit.3 Instagram - https://www.instagram.com/theamishinquisition/?hl=en Bitchute - https://www.bitchute.com/channel/0fNMZAQctCme/ YouTube - https://www.youtube.com/channel/UCmv8ucrv5a2KpaRWyBWfBUA Find out how to become a Producer here - http://www.theamishinquisition.com/p/phil-1523918247/ Become a Producer! The Amish Inquisition is 100% supported by YOU. NO Ads, NO Sponsorship, NO Paywalls. We really don't want to suckle at the teat of some faceless corporate overlord. But that is only avoidable with your help! Join your fellow producers by donating to The Amish Inquisition via the PayPal button on our website, simply donate whatever you think the show is worth to you. If you find the podcast valuable, please consider returning some value to us and help keep the show free and honest. Keywords: Money Creation, Fiat Money, Bradbury Pound, Central Banks, Debt Slavery, Financial System, Daniel Thompson-Mills, The Amish Inquisition Podcast, Financial Freedom, Economic Inequality Assets: MDMA Gnome: https://www.bbc.co.uk/news/articles/cy9jr3y8gv5o French billionaire nutter: https://metro.co.uk/2024/11/16/man-worth-8-000-...
