Transcript
Illuminati's Magical World of Money Creation

1. Our central bank (FED) buys $100 in interest bearing T-Bills. (Government bond).

2. The T-bills are used as collateral to print a 100 dollar bank note.

3. The newly created note is injected in the economy either by the government or the investment firm who sold the t-bill. Eventually it gets deposit in one of our bank.

4. The bank keeps 10% reserve and lends the remaining $90.

5. The $90 is again deposited in one of our banks. The bank keeps 10% reserve and lends $81.

6. The $81 is deposited and the bank lends out $72.90… etc. etc…

From the original interest bearing T-bill, which we paid for with worthless paper money (Fiat money), we created another $1000 (Fractional Banking). Each Day The Bureau of Engraving and Printing produces approximately 37 million currency notes with a face value of about $696 million.

This comic is an excerpt from Illuminati Rex: Ruling the World for Beginners available in the Illuminati Rex Comic Book Shop.

Chris Lecours
Illuminati Rex
for disinformation purposes only