Defaulting banks - where will it stop?

[Peter Lemkin]

British Lord Sir Josiah (John) Stamp,
former director of the Bank of England and 2nd richest man in England in the 1920s said this speaking at the
University of Texas in 1927 and repeated it at an address at Central Hall, London 1937, said: “The modern banking
system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was
every invented. Banking was started in iniquity and born in sin. Bankers own the Earth; take it away from them but leave
them with the power to create credit, and, with a stroke of the pen, they will create enough money to buy it back again.
Take this power away from them and all great fortunes, like mine, would disappear, for then this World would be a
happier and better World to live in. But, if you want to be the slaves of Bankers and pay the cost of your own slavery,
then let the Bankers create money and control credit.”