Banks don’t loan out depositor’s money

Most people think banks take in deposits from people and then lend that money to those who want to borrow from them. Nothing could be further from the truth. Banks take deposits and make loans, but they don’t lend out depositors’ funds. Nothing could be further from the economic truth. #uk #money #economic #politics #bank The Economic Truths Series: 1. An introduction to the economic truths series    • An introduction to the economic truth...   2. You’ve got no money in the bank    • You’ve got no money in the bank   3. Banks don’t loan out depositor’s money    • Banks don’t loan out depositor’s money   ABOUT RICHARD MURPHY Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog.

His best known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. DONATE TO KEEP THIS CHANNEL ADVERT FREE https://ko-fi.com/taxresearch RICHARD MURPHY ON TWITTER Follow Richard on his Twitter: www.twitter.com/RichardJMurphy or on his blog: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION:    • Welcome to my channel - Richard J Mur...   PLAYLISTS: Accountancy:    • Accounting   Economics:    • Economics   Tax:    • Tax   Taxing Wealth Report:    • Taxing Wealth Report 2024   Green New Deal:    • Green New Deal   Money:    • Money   Questions from subscribers:    • Questions   Miscellaneous:    • Miscellaneous  

Southport rant , The State of England

Just my take on how things are right now.

Southport what are the authorities Hiding

 

FakeNewsTM@Piratenews

3 kids stabbed to death by the invader,  with no name nor photo to protect the guilty, a dozen more stabbed and dying. DOES this SERIAL KILLER REALLY LOOK 17 YEARS OLD? HE IS FUCKING BALD!

The United Kingdom was left shaken after three children were stabbed to death and eight others were injured in a knife attack in Southport, in one of the worst assaults against children in the country in decades.

The attack took place at a Taylor Swift themed event at a dance school in the seaside town in northwest England, sparking disbelief over why would anyone target children having fun during the summer holiday.

Two adults were also critically injured, police said, adding that they suffered their injures because they “were bravely trying to protect the children who were being attacked.”

The police said a 17-year-old minor was arrested at the scene on “suspicion of murder and attempted murder.” He was taken to the police station and was being interviewed on Tuesday morning, the police said.

Merseyside Police’s Chief Constable Serena Kennedy said the suspect was from Banks in Lancashire and was originally from Cardiff in Wales.

She said the suspect was armed with a knife when he walked into the school in Southport, but give no other details on him or his apparent motive, other than saying the attack was not being treated as terror-related.

Worst mass stabbing attack against kids
The incident on Monday is the worst mass stabbing attack targeting children in the UK in decades – and possibly ever. Unless you count Sir Jimmy Saville and PM Edward Heath.

https://www.cnn.com/2024/07/30/uk/southport-stabbing-atta

On the Riots in Southport

Southport has erupted after the brutal murder of three young girls by a young male of supposed Rwandan origin and we now see the formation of two main narratives, that of the mainstream liberal media and political class, and that of the people on the ground. Who do you think is right? Buy Me a Coffee buymeacoffee.com/richardthefourth Rumble rumble.com/user/RichardTheFourth32 Twitter/X x.com/RichardTheIIII

You’ve got no money in the bank

t’s an economic truth that no one has money with their name on it in a bank. All you have when you make that claim is a bank statement with an IOU printed on it. The bank has a debt owed to you. And that’s it. #uk #money #economic #politics #bank The Economic Truths Series: 1. An introduction to the economic truths series    • An introduction to the economic truth...   2. You’ve got no money in the bank    • You’ve got no money in the bank   3. Banks don’t loan out depositor’s money    • Banks don’t loan out depositor’s money   ABOUT RICHARD MURPHY Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is

‘The Joy of Tax’. This video was edited by Thomas Murphy. DONATE TO KEEP THIS CHANNEL ADVERT FREE https://ko-fi.com/taxresearch RICHARD MURPHY ON TWITTER Follow Richard on his Twitter: www.twitter.com/RichardJMurphy or on his blog: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION:    • Welcome to my channel - Richard J Mur...   PLAYLISTS: Accountancy:    • Accounting   Economics:    • Economics   Tax:    • Tax   Taxing Wealth Report:    • Taxing Wealth Report 2024   Green New Deal:    • Green New Deal   Money:    • Money   Questions from subscribers:    • Questions   Miscellaneous:    • Miscellaneous  

BREAKING: Criminalising the 'The Lord's Prayer'?

By Christian Concern 

BREAKING: Criminalising the 'The Lord's Prayer'? This week will see a first of its kind case in Northern Ireland after a Roman Catholic woman was arrested, convicted and told she was ‘ignorant’ for praying inside an abortion clinic ‘censorship zone’.

The officers asked Mrs Claire Brennan to move outside of the buffer zone. In response, she said: “Officer, you have a duty to uphold the law, and I have a duty to uphold God’s law. This is where we pray.” She added that: “We are not committing any offences.” “In the eye of the law you are”, the officer said and accused them of causing ‘harassment, alarm and distress.’ Mrs Brennan responded: “The law of the land stops me from upholding the law of God… We pray for the babies who will be imminently killed in this hospital.” Mrs Brennan was subsequently called 'ignorant' by the police.

@A_Minichiello

chief executive of the Christian Legal Centre which is supporting the case, said: “Buffer zones are an oppressive part of the current culture which force consent and silence dissent. The saddest thing of all is that we are actually talking about human lives. “We stand with Claire as she fights for justice and believe the Abortion Services (Safe Access Zones) Act (Northern Ireland) 2023 must be repealed.” Find out more on this story with the case beginning at Coleraine Magistrates court tomorrow (July 30.) Link to video https://x.com/CConcern/status/1817867006806503690 https://christianconcern.com/ccpressreleases/court-to-rule-on-first-arrest-and-prosecution-for-saying-lords-prayer-in-abortion-clinic-buffer-zone-in-northern-ireland/…