Martin Armstrong Warns “The Tide Is Turning Against The Banks”

peoples trust toronto

Submitted by Martin Armstrong via Armstrong Economics,

The biggest problem we have with central banks is that they are run by academics with ZERO real world experience. This applies not just at the Fed, but most central banks with the lone exception of Bank of China. The greatest danger this presents is that the money-center banks manipulate the central bankers during states of financial panic and they who are so frightened, they will do whatever the money-center banks tell them

In the USA, there is nobody who would investigate the dark corners of the Federal Reserve being manipulated by the NY bankers who walk on water without ice.

Bank of England Under Investigation for being TOO Friendly with Banks

Bank of England

However, the system is more open in Britain where the bankers do not control the courts as they do in New York City.

Consequently, the Bank of England (BoE) is…

View original post 430 more words

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