Only banks can create money. Bank of England official blog: http://bankunderground.co.uk/2015/06/30/banks-are-not-intermediaries-of-loanable-funds-and-why-this

Only banks can create money. Bank of England official blog: http://bankunderground.co.uk/2015/06/30/banks-are-not-intermediaries-of-loanable-funds-and-why-this-matters/ http://bankunderground.co.uk/2015/06/30/banks-are-not-interm... Debt is not a lever it's a stick to beat the landless with in order to extract labour as tribute to the elite.