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The City of London is a unique financial district with its own government, police force, and courts. It has special privileges and exemptions from British laws. The City of London Corporation, a private company, runs the city and its lord mayor is separate from the mayor of the rest of London. The city's power and influence have been a subject of speculation, with some believing it can shape British policy. The City of London also plays a role in offshore banking and secrecy. Trusts are a key part of the secrecy structures used to hide the identity of offshore assets and allow offshore wealth to flow back into global markets.

"The Bank of International Settlements" is the central bank of central banks, located in Basel, Switzerland. It has "63 of the most powerful central banks as its members, and the New York Fed and the Fed are both shareholders." They "became shareholders in 1994." "There are two things you need to know about the Bank of International Settlements." "It has sovereign immunity." "What does that mean? It's above the law." "It's its own country." "It has its own police force." "And, essentially, other than one of its staff being in a car accident or, you know, minor things, No one has the legal authority to move against it." "Number two, it can move money and hold it on its bank, on its balance sheet and manage money secretly." "If I wanna steal 21,000,000,000,000 from The US Government and park it on the balance sheet of the BIS, it can move it anywhere in the world, and it can keep it on its balance sheet secretly." "It was created after World War one, and it was created in theory to manage the reparations of the German government." "But if you read the real history, it was because the Bank of England and the central bankers wanted an entity that had sovereign immunity."

Because if we know everything, it opens up everything. It's Pandora's box. Well, it is a Pandora's box in a way. It basically shows that, yeah, the world is basically run by a meta cartel. It operates with impunity, and they have no accountability for all of their crimes even when they're exposed here and there. Some people just are protected and above the law almost inexplicably. As I point out in my book, it's a lot of the same actors over and over again, the same institutions, and when one crumbles, another pops up. For example, the Bank of Credit and Commerce International, BCCI, implodes. In 1991, it's covered up by William Barr when he was attorney general who covered up Iran Contra, the Promise Software scandal, and BCCI.

The video discusses how Britain transformed from a colonial power to a modern financial power and how this transformation has shaped the world. It highlights the role of the City of London as the world's biggest global financial center during the British Empire. As the empire declined, the city also declined, leading to the creation of offshore financial centers in British overseas territories. These secrecy jurisdictions attracted money from around the world, leading to the financialization of the UK and the growth of the offshore system. The video also exposes the corruption and lack of transparency in the offshore world, with politicians and elites benefiting from tax evasion and financial secrecy. The offshore system has had a negative impact on developing countries, depriving them of tax revenues and perpetuating inequality. The video calls for greater transparency and regulation of the offshore system. (150 words)

The speakers describe the City of London as not part of England, a square mile with its own state-like structure, a private police force (the Metropolitan Police), and a status as a tax haven, with MI5 and MI6 allegedly running out of the City of London. They assert that London’s financial district operates as a “city within a city” and a “state within a state,” governed by the City of London Corporation—described as a private company that performs all the functions of a local council, has a private police force and private courts, and is distinct from the wider city. Every November, the city stages the Lord Mayor’s Show, the world's oldest civic procession. The City’s legal status is described as ancient: after William the Conqueror came, he did not conquer the City in October and instead allowed it to continue functioning. To this day, the City of London is exempt from numerous laws that govern the rest of Britain. Its political system reportedly derives from the Middle Ages, and its electorate is dominated by private businesses operating within the city. The Lord Mayor is selected by the heads of medieval guilds. The city has a representative in the House of Commons, the Remembrancer, who is the only unelected person there besides the clerks of the House; all other lobbyists must stay in the lobby. A permanent representative in the House of Commons reports back to the City of London Corporation and lobbies Parliament on behalf of the city. The Corporation of London is described as a uniquely interesting phenomenon that should have attracted political scientists and economists. It is suggested that the cooperation of London is powerful and capable of shaping British policy, particularly in financial matters, sometimes contrary to the will of the people. At the heart of the City of London stands the Bank of England, described as not just a central bank but also a financial regulator. The Bank supposedly used its regulatory authority after the Empire’s demise to attract the world’s banks to London. It is mentioned that Clement Attlee nationalized the Bank of England after World War II in 1946, yet the debt of the British people persisted, remaining especially high after the war when England was virtually bankrupt. The narrative then shifts to private ownership of the Bank of England, citing a plaque outside the Bank that states: “Bank of England founded in 1694 as a private company. It’s now exercising the functions of a state bank.” The panel is claimed to say that the Bank of England is a private company that issues notes backed by nothing. It is stated that nationalization was the government stepping in and beginning to run the Bank of England, describing that as the only nationalization that took place, while debts allegedly remain the property of “the Jewish bankers.”

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This allows banks to lend money they don't actually possess. The problem is worsened by moral hazard from the political sphere, including central banks. Quantitative easing is essentially counterfeiting, but governments and central banks get away with it. Central banks manipulate interest rates, not retail banks. When banks fail, taxpayers bear the cost through deposit guarantees, which is essentially theft. Unless bankers, including central bankers and politicians, are held accountable and sent to prison, this unjust system will persist.

The City of London, separate from the UK, has its own finance sector. It is not part of the EU due to the absence of democratic elections. The banks hold the power there. Additionally, the Queen cannot enter without permission, indicating that it is not under UK sovereignty since the foreign invasion in 1688.

The transcript presents a series of conspiracy claims about the Rothschild family, the Federal Reserve, and Jewish influence over global finance. - The Rothschild family is described as extraordinarily wealthy, with wealth estimates claiming “close to $500,000,000,000,000,” and as having hidden underground vaults, secret financial records never audited, and a public image that disguises a fortune that supposedly rivals a large share of global wealth. It is claimed they bought Reuters in the 1800s, which then bought the Associated Press, and that they “own controlling interest” in three major television networks, allowing them to avoid media attention. They allegedly owned and operated England’s Royal Mint and act as the gold agent for the Bank of England, directing it, with control over the London Bullion Market Association (LBMA) where 30 to 42,000,000 ounces of gold are traded daily, generating millions weekly from transaction fees. They are said to fix the world price of gold daily, hoard trillions of dollars worth of gold bullion, and corner the world’s gold supply. They allegedly own controlling interest in Royal Dutch Shell and run phony charities and offshore banking services to hide wealth in Vatican-linked accounts at Rothschild Swiss banks, trusts, and holding companies. A figure named Elbelein Rothschild is described as not harmless, with ancestors alleged to have handpicked presidents, crashed stock markets, bankrupted nations, orchestrated wars, and sponsored mass murder and impoverishment. The wealth is claimed to be sufficient to feed, clothe, and shelter every person on earth. - The Rothschilds are described as the head of a “snake,” with a one-mile square area in London referred to as the city, cited as the headquarters of their banking dynasty, controlling money supplied through central banks of almost every nation. - A Jekyll Island meeting in November 1910 is claimed to involved seven of the world’s richest Jewish men establishing a central bank called the Federal Reserve Bank. Named participants include Nelson Aldrich, Frank Vanderlip, Henry Davison, Charles Norton, Benjamin Strong, Paul Warburg, and representatives of the Rothschild banking dynasty, with others like Benjamin Guggenheim, Isidore Strauss, and Jacob Astor purportedly opposing it. It is claimed these opposers died on the Titanic, and that opposition dissolved by April 1912. On December 23, 1913, the Federal Reserve Act was signed, creating a privately owned Federal Reserve System. A quoted remark attributed to Woodrow Wilson alleges, “I’m a most unhappy man. I’ve unwittingly ruined my country,” and a stereotype about government by a small number of dominant men rather than free opinion. - It is claimed the Federal Reserve System is private, not federal, has no reserves, is not decentralized, and that the adoption of a debt-based monetary system was accomplished. It is asserted that the current banking system (fractional reserve banking) allows privately owned banks to create money “out of thin air,” with money existing as numbers in a computer system, only about 3% in physical currency, and that control of the Fed enables domination over banks, corporations, money, and politicians. It is claimed the Fed system enslaves humanity to perpetual debt and that the elite who own the Fed seek to maintain a monopoly over credit. - A speaker questions the proper relationship between the Fed chairman and the U.S. president, noting the Federal Reserve’s independence. - A quotation attributed to a figure named Harold Grales Rosenthal claims that Jewish power has been created through manipulating the national monetary system, that the Fed is owned by Jews while appearing as a government institution, and asserts antisemitic stereotypes about Jews as parasites and producers being exploited by Jews.

Kamal Adham, founder of Saudi intelligence services, was involved in criminal networks linked to the BCCI. Adham, with close ties to the CIA, facilitated BCCI's secret acquisition of an American bank and was a major shareholder in a London company laundering money for Colombian cartels. Despite his connections, Adham was never prosecuted in the BCCI investigation, as touching his impunity would challenge state interests. The CIA protects him for his influence in the Middle East, aligning with American interests. Translation: Kamal Adham, founder of Saudi intelligence services, was involved in criminal networks linked to the BCCI. Despite his connections, Adham was never prosecuted in the BCCI investigation, as touching his impunity would challenge state interests. The CIA protects him for his influence in the Middle East, aligning with American interests.

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This system allows banks to lend money they don't actually have, which is a criminal scandal. The political sphere and central banks contribute to the problem with moral hazard and counterfeiting, also known as quantitative easing. Central banks manipulate interest rates, not retail banks. Additionally, deposit guarantees are discussed casually, but they ultimately result in taxpayers bearing the burden when banks fail. To put an end to this injustice, bankers, including central bankers and politicians, should be held accountable and sent to prison.

The Bank of England, the world's first privately owned central bank, was deceptively named to appear government-affiliated. It sold shares to undisclosed investors who contributed 1.25 million British pounds in gold coin. The bank operated by loaning out more money than it had in reserves, charging interest. In return, it provided unlimited currency loans to British politicians, backed by taxing the people. This legalized counterfeiting of national currency for private gain. Today, many nations have privately controlled central banks following the Bank of England's model. These central banks gain total control over a nation's economy, creating a plutocracy ruled by the wealthy. The central bank system acts as a hidden tax, as governments sell bonds to the central bank, which creates money out of nothing, leading to inflation. In 1790, Alexander Hamilton proposed a bill for a new privately owned central bank in the United States.

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This system allows banks to lend money they don't actually have, which is a criminal scandal. The political sphere and central banks contribute to the problem through moral hazard and counterfeiting, also known as quantitative easing. Central banks manipulate interest rates, not retail banks. Additionally, deposit guarantees are often discussed casually, but they ultimately result in taxpayers bearing the burden when banks fail. To address this issue, bankers, including central bankers and politicians, should be held accountable and face imprisonment.

In the late 1980s, there was a treasury scandal where no one faced punishment. Warren Buffett was brought in to clean up the mess while the culprits escaped. Some of them now hold powerful positions. The current chair of the Federal Reserve, Jerome H. Powell, oversaw the scandal settlement, which is shocking.

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This system allows banks to lend money they don't actually have, which is a criminal scandal. The political sphere and central banks contribute to the problem with moral hazard and counterfeiting, also known as quantitative easing. Central banks manipulate interest rates, not retail banks. Additionally, deposit guarantees are often discussed casually, but they ultimately result in taxpayers bearing the burden when banks fail. To put an end to this injustice, bankers, including central bankers and politicians, should be held accountable and sent to prison.

La BCCI a été un acteur clé dans les opérations des services secrets pendant la guerre froide. Manuel Noriega est devenu gênant pour les États-Unis après la chute du mur de Berlin. La banque était liée à la CIA, au Mossad et aux Iraniens. Malgré les enquêtes, les principaux acteurs ont échappé aux poursuites, laissant d'autres responsables impunis. Translation: The BCCI played a major role in the secret service operations during the Cold War. Manuel Noriega became a nuisance for the US after the fall of the Berlin Wall. The bank had ties to the CIA, Mossad, and Iranians. Despite investigations, key players escaped prosecution, leaving other culprits unpunished.

The Bank of England, a central bank and financial regulator, attracted global banks to London but failed to properly supervise the Bank of Credit and Commerce International (BCCI), which engaged in financial fraud, money laundering, and terrorist financing. Whistleblowers alerted the Bank of England, but no action was taken. The governor of the Bank of England defended the lack of intervention, stating that closing banks for fraud would leave few remaining. London's light-touch regulation and secrecy laws also attracted banks, with offshore branches and trusts allowing for tax evasion and hiding assets worth trillions of dollars. The UK's protected species of bankers rarely face jail time, making it an attractive destination for illicit financial activities.

The Bank for International Settlements (BIS) is a crucial but relatively unknown institution in the global financial system. Established over 80 years ago to handle German reparations after World War I, it serves as the central bank for central banks. The BIS operates under an international treaty, making it legally inviolable and similar to the IMF or World Bank. It made a profit of over $1 billion in 2012 and played a significant role in post-war financial planning for Europe. However, the BIS's lack of transparency and its collaboration with German industrialists during World War II raise concerns about its accountability and past actions.

Banks, including the ones we use today, were built on the back of slavery. The forced labor of 11 million enslaved people helped Britain become a global superpower. Even after slavery was abolished, the British government compensated slave owners with £20 million, which was not given to the slaves themselves. The debt was only paid off in 2015, meaning taxpayers' money went towards compensating slave owners. The UK's largest banks, including Barclays, HSBC, Lloyds, and the Bank of England, have all been linked to the slave trade through these compensation payments. British banks also profited indirectly from slavery by providing finance to slave traders and offering plantation mortgages secured against the value of slaves. The city of London, a global financial hub, was built with the labor of enslaved people.

The video discusses how Britain transformed from a colonial power to a modern financial power and how this transformation has shaped the world we live in. It highlights the role of the City of London as the world's biggest global financial center during the days of the British Empire. As the empire declined, the city declined as well. However, British elites found a new role in finance and established offshore havens in British overseas territories. These secrecy jurisdictions allowed for the growth of the offshore system, attracting international banks and facilitating tax evasion and financial fraud. The video also exposes the close ties between the British establishment, politicians, and the financial industry, which has led to a lack of regulation and accountability. The offshore system has contributed to global inequality and hindered development in many countries. The video calls for transparency and the end of offshore secrecy. (150 words)

The Bank of England, the world's first privately owned central bank, was deceptively named to appear government-affiliated. It sold shares to undisclosed investors who contributed 1.25 million British pounds in gold coin. The bank then loaned out more money than it had in reserves, charging interest. In return, it provided British politicians with unlimited currency, as long as they imposed direct taxes on the people. This legalized counterfeiting of national currency for private gain became the model for privately controlled central banks worldwide. These banks eventually gained total control over a nation's economy, creating a plutocracy ruled by the wealthy. The central bank scam acts as a hidden tax, as governments sell bonds to the bank, which creates money out of nothing, leading to inflation. In 1790, Alexander Hamilton proposed a bill for a new privately owned central bank in the United States.

Banks like Santander, Deutsche Bank, and Royal Bank of Scotland are broke due to fractional reserve banking, allowing them to lend money they don't possess. This practice is a criminal scandal that has been ongoing for too long.

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This allows banks to lend money they don't actually have, which is a criminal scandal. The problem is worsened by moral hazard from the political sphere, including central banks. Quantitative easing, or artificial printing of money, is essentially counterfeiting. Central banks manipulate interest rates, not retail banks. When banks fail, taxpayers bear the cost through deposit guarantees, which is essentially theft. Until bankers, including central bankers and politicians, are held accountable and sent to prison, this outrage will persist.

Le trafic de drogue est lié au blanchiment d'argent. Les gains illégaux sont transférés par des experts financiers vers des paradis fiscaux. La BCCI, une banque internationale, a été créée sans apport de capitaux. Elle avait des sièges au Luxembourg et aux îles Caïmans, connus pour le trafic de cocaïne. Les autorités locales ne contrôlaient pas les échanges d'argent. La BCCI a été financée de manière complexe entre ses entités au Luxembourg et aux îles Caïmans, permettant ainsi son lancement. Translation: Drug trafficking is linked to money laundering. Illegal gains are transferred to tax havens by financial experts. The BCCI, an international bank, was created without capital contribution. It had offices in Luxembourg and the Cayman Islands, known for cocaine trafficking. Local authorities did not control money exchanges. The BCCI was funded in a complex way between its entities in Luxembourg and the Cayman Islands, enabling its launch.

Central banks caused wealth inequality and economic instability. The Federal Reserve Act was deceptively passed in 1913 by wealthy bankers who disguised their intentions. They used misinformation to deceive the public and Congress, ultimately gaining a monopoly over American money issuance.

All banks, including Bank Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the system of fractional reserve banking. This allows banks to lend money they don't actually have, which is a criminal scandal. The political sphere and central banks contribute to the problem with moral hazard and counterfeiting, also known as quantitative easing. Governments and central banks artificially print money, while ordinary people would go to prison for the same act. Central banks manipulate interest rates, not retail banks. Additionally, deposit guarantees are discussed casually, but they ultimately result in taxpayers bearing the burden when banks fail. To stop this ongoing outrage, bankers, including central bankers and politicians, should be sent to prison.