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Bank of England

· 1 week ago · 4 replies · 75

Bank of England

The Bank of England was born in 1694 to fund a war. William III needed £1.2 million to fight Louis XIV, Parliament wouldn't raise the taxes, and a group of London merchants solved the problem by creating money from nothing. That arrangement has never really ended.The mechanics were straightforward....

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4 replies

· 1 week ago

One of the most evil institutions ever created.

· 1 week ago

Oh so it was just a way for the government to fund a war when they had none and now we're stuck with war after war due to this framework… 😑

· 1 week ago

On Sep 14, 2026, DavidB said:
Oh so it was just a way for the government to fund a war when they had none and now we're stuck with war after war due to this framework… 😑

We need to dismantle it so wars will be less viable.

· 1 day ago

On Sep 14, 2026, Prospector49 said:
We need to dismantle it so wars will be less viable.

Yes I see now. Without a money printer, less wars could be funded. I’m getting so sick of the wars!

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