Thank GATA for pointing to this report, after reading the speech, we can think of it as actually a confession from a former ECB executive (Board member) insider within the ponzi scheme. Another confirmed conspiracy. Have you taken your assets out of the bank? ~Ron
Dear Friend of GATA and Gold:
Former Bundesbank vice president and former European Central Bank board member Jurgen Stark told a conference held by the Ludwig von Mises Institute in Munich this month that the entire world financial system is “pure fiction” and vulnerable to collapse, built on the premise of infinite money created by central banks without regard to the goods and services available.
An account of Start’s remarks is provided by the Spanish financial news Internet site Oro Y Finanzes and it’s easily understood when opened by a Google Chrome browser and run through Google Translator:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.