The Central banks(private interests) lend out money(which is manifest through fiat) to Governments on the condition, their "public" are placed as guarantors to the alleged debt.
A group of people(Government) lend fiat to the "public" (the guarantors of said debt), so that the public can convert said fiat(latin for let it be so) into wealth and return to the "W"Bankers,
(To lend,in this context can also mean, to exchange for work done!)
Now all of a sudden there is no money left,..hahahahaha LOL somebody stop meeeeee
I haven't read Basel three, is it something to do with the reining in of liquidity?
In other words,.. "Transference of wealth"
