definition
The Bank of England system privatizes profits, socializes losses, and turns war/activity into the engine of returns for bankers.
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Privatized Profits
The Bank of England system privatizes profits, socializes losses, and turns war/activity into the engine of returns for bankers.
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"England okay so this is a private bank that is not accountable to the public what it does is this it prints money and..."
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"okay the first is the idea of um profits are privatized losses are socialized if you're a rich person in the world you want..."
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