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I only skimmed this briefly (no time), but things operating as suggested (eg the banks loaning money they do not have) would fall into the category of fraud IMO
by floating-io 2y ago
I only skimmed this briefly (no time), but things operating as suggested (eg the banks loaning money they do not have) would fall into the category of fraud IMO.
Whether that's currently legal or not is another matter that I cannot comment on.
- hgomersall 2y agoThat document is published by the Bank of England. I'm not sure what higher authority would convince you.
- floating-io 2y agoI never said it was false; only that it suggests fraud.
- HeyLaughingBoy 2y agoI'm going to have a hard time understanding how it's fraud if it's legal.