The Bankers’ India Gold Grab
Posted by freedomforall 8 years, 3 months ago to Economics
a) Indians “deposit” their gold.
b) Indians receive (paper) “interest” on their gold while their deposited gold is sold off.
c) Indians end up with the paper interest – and no gold.
d) India’s jewellers and coin-makers then sell the gold they purchased at these auctions back to the same Chumps who originally deposited that gold.
b) Indians receive (paper) “interest” on their gold while their deposited gold is sold off.
c) Indians end up with the paper interest – and no gold.
d) India’s jewellers and coin-makers then sell the gold they purchased at these auctions back to the same Chumps who originally deposited that gold.