In my case, I believed the old paradigm so long that I found it hard to believe the scale and complexity of the Central Banking mechanism behind mortgages and currency creation. Without the Internet, I don't think I would have found much info at all.

I visited the Bank of England museum and was surprised (not) to find hardly anything to support anything other than the traditional model of currency, apart from admitting the currency was no longer backed by gold.

The museum also claimed that the bank was nationalised in 1946 and claims it is Government owned. That appears to be true on paper but what is not disclosed are the secret list of Bank of England shareholders.

it is argued that the Bank of England is there to better control monetary policy and inflation. Well, the same could be achieved via a regulatory body over the Treasury, which still has legal power to create its own money. So why not do that have the Treasury issue currency interest free rather than have the government exchange interest bearing Bonds for the Bank of England's Currency ? Interest that is paid out of the income tax of the people of the land.

This structure is highly suspicious and appears to be shrouded by secrecy and a misleading story. i think we have to go over the Atlantic to take a look at the Federal Reserve Bank of the USA to see how this really works as it appears to operate in the same way as the Bank of England, which it was probably based on.

The difference with the Federal Reserve {Private, not Federal; and has no reserves.) is that the Federal Reserve is run by a board of directors that represent the biggest private banks in the US. what's more, the Federal Reserve is exempt from auditing

The Bank of England is overseen by a board of directors, known as the Court of Directors, who are appointed by the Queen on the recommendation of the Prime Minister and the Chancellor. The bank has a wholly owned subsidiary called BANK OF ENGLAND NOMINEES LIMITED, a private limited company with 2 of its 100 £1 shares issued. This company is special as its protected by the official secrets act, its Royal Charter status and is exempt from the normal disclosure requirements that other companies have to comply with to meet section 27 of the Companies Act 1976.

The reason being is that the major players in the world of finance including the Queen of England and other Royal families use this company to purchase shares and remain anonymous.

However the Bank of England Nominees company accounts are not exempt from any laws regarding companies and they must file their accounts as every company must do which can then be accessed through the Company House website. It is interesting to note however that the latest Bank of England Nominees LTD accounts say that:

"There has been no income or expenditure on the part of the Company since its incorporation and accordingly no profit and loss account is submitted.”

It seems to me that the Bank of England have their secrets well covered and that the Federal Reserve has a more conventional structure, less hidden from the light. Other than that, they operate in similar ways, creating money out of nothing and taking the people on the interest created upon it. Along with mortgage creation, this has to be the worlds biggest scam.

The Blockchains like Bitcoin are a huge deal. Much more than most of us know since it bypasses the parasitic banking cartel.