Readers Question: Who Owns the Bank of England?
The Bank of England is owned by Her Majesty’s Government.
From Bank of England website
“As a public organisation, wholly-owned by Government, and with a significant public policy role, the Bank is accountable to Parliament”
The Bank of England was set up by, ironically, a Scotsman – William Paterson. It was initially a private bank in 1694 acting as lender to the Government.
The Bank was given a Royal Charter, and in 1844, the Bank Charter Act gave the Bank of England sole right to issue notes and coins.
The Bank of England was nationalised in 1946. (Nationalisation means government takes ownership)
In 1997, the Bank of England was given independence over Monetary Policy.
Amusing Yahoo Answers – Who Own Bank of England?
- The Queen (source: history class), The Saudis, The public – so go help yourself …..
Update: For some reason, many people think the Bank of England is privately owned by the Rothschilds. (There is a similar conspiracy theory about the US Federal Reserve). I wrote to the Bank of England and asked for clarification. This was there reply.
The Bank of England is the central bank of the United Kingdom and was established as a corporate body by Royal Charter under the Bank of England Act 1694. The Bank was nationalised on 1 March 1946, and gained operational independence to set interest rates in 1997 (the Bank of England Act 1998 Part II sets out the responsibilities and objectives of the Bank in relation to monetary policy).
The Bank is a public sector institution, wholly-owned by the government, but accountable to Parliament. The entire capital of the Bank is, in fact, held by the Treasury solicitor on behalf of HM Treasury. Each year, the Bank is required to submit its Report and Accounts to Parliament, via the Chancellor of the Exchequer. For more information you may be interested to see the Bank’s latest Report and Accounts, which can be found on our website at:
www.bankofengland.co.uk/publications/annualreport/index.htm
As to the supposed ‘Rothschild’ connection, I don’t know why people should think that the family own us. But a number of the Rothschilds have served on the Bank’s Court of Directors over the years.
Robert, that’s when they’ll manufacture a reason to invade your country and kill hundreds of thousands of innocent men, women and children so that they can enforce ‘regime change’ and bring ‘democracy’ to your country and bring you under their New World Order where so that you don’t have any more silly thoughts of freedom, peace, justice and independent prosperity.
Who do you think loans all those billions to 3rd world countries in South America and Africa who do they pay it back to! Start your own debt free country have your own laws polietly tell them to #*^!) After all you do have the right to self determination under artical 2 of the United Nations Decleration of Human Rights.
Thanks to everyone who has posted. When I can make sense of the madness, I will post it on my face book. I feel all those little bits of information that are left out there, People can get informed. It may be slow but if I have woken up, we can all wake up.
You might like to download or look at this free booklet:
http://freedom-school.com/money/how-an-economy-grows.pdf
In my view, what we’re now seeing is a significant expansion of men and women’s consciousness … through the medium of the internet.
The BoE lend money to the British goverment at intrest essentially creating a paradox of never being able to pay the original loan back.
In fractional banking the BoE lend £1 with intrest and
essentially other private banks then, are allowed to create another £9 with that original £1 (as I understand).
Please correct me if I’m not understanding this properly. But surely that then has created 10x the amount of the original loan, hense creating enough to pay the original loan.
Believe me when I say I’m not supporting the banking system, just tring to understand it. Can anyone clarify this.
It matters little if the Bank of England is private or not…. the fact is that the government persists with the lie that it needs to borrow from the BOE at interest, which then becomes the national debt that you and I must pay back via our labour and via other ‘legalised’ forms of theft. We need to wake up to who we are and share this information widely.
if the bank is not private, why did it lend money to Hitler and pass on intellegence to the third reich during WWII – even when Hitler was bombing London ?
I agree, the whole system is corrupt to its very core.
I first heard about the banking scam when reading David Ickes books back in 2002. I took it all with a pinch of salt to begin with, but ideas that were considered ‘wacky conspiracy theories’ back then, are now proven to be fact.
In the case of the US and the Federal Reserve the manipulation is both apparent and obvious – films like Zeitgeist have shown that. The Bank of England has been far more insidious, because it claims to be owned by the government – though as many posters have pointed out, if this was the case then we would not be paying interest on the money issued.
Like the movie Zeitgeist points out: ‘money is created out of debt, therefore the richer the economy, the greater the debt’.
Even if the British Government does own the BOE, the zeitgeist movie suggests:
‘Rather government as we know it is actually parent corporation to all the other corporations working within a countries economy’.
If the strength of your nation depends on your economic might, then naturally governments have a vested interest in the private corporations within their remit. The problem is that we have reached the point where political policy and decision making are dictated to government by the business and the banking cartel.
If you read Johnathan Blacks book ‘The Secret History Of The World’ the ruling elite are no longer trying to hide the fact that they have withheld esoteric knowledge from the masses; however, he does try to paint them in a more sympathetic light, by suggesting that they have been a necessary evil.
Even if that is the case it is time for us to move on and evolve as a species. The days of: slaughtering people by the millions, poisoning and polluting our food, water supplies, contaminating our natural environment with industrial toxins and depleted uranium from the weapons of mass destruction created by OUR OWN governments; the mindless selfishness of only looking out for ‘number one’ and lining our pockets with worthless sheets of paper; the hording of giant properties, TV’s, cars etc whilst others starve on the streets or in baron waist-lands created by our ignorance and reluctance to pull our heads out of the sand are over and we must say “NO MORE!”
Men like Jacque Fresco and the Venus project are showing us possible avenues of advancement once we relinquish the control from this abhorrent form of consciousness, that is trying vehemently and with impunity to out stay its welcome.
It is not just those in charge who have to change, but the system itself – the monetary system has outstayed its welcome and is now the perpetrator of the behavior that we wish to change.
A resource based society as recommended by the Venus project looks like the logical progression for the future; the problem is going to be removing the current prison warders of human consciousness as they are power hungry, intoxicated and blood lust-full.
The first thing we must do is change ourselves, we must become more caring, loving and compassionate. Once we realise that the physical world is only the material manifestation of our inner selves, then really, when you think about it – there’s no better place to start.
It’s good to see that most posters on here know what is going on.
Can I recommend Ron Pauls youtube channel campaign for liberty, so far he has got 110 Congressmen to back his calls for an Audit of the Federal Reserve.
Bernanke is asking instead if ron Paul alone will review the accounts, Ron Paul is pushing them into a corner, I hope they do not do to him what they did to JFK when he signed executive order 11110 which ordered the US treasury to begin issuing silver backed dollars.
Maybe we should petition General Dannat over this.
http://www.youtube.com/user/campaignforliberty
G is speaking sense here.
If we all work not for ourselves but for our children and thier children (just like the Rothschilds of this world have done for many centuries) then, and only then, we can overcome this tyranny.
Nobody has to borrow to survive. We choose to borrow. OK, we are nudged, shoved, coerced into borrowing by every conceivable technique of manipulation, but we do make the end choice. For many of us its too late. We have woken up after becomming indebted, but that doesn’t matter. What matters is that we help our children avoid this fate.
Wise up guys to the tricks of the salesman. Don’t let your children spend time watching TV (throw it out if you have to), dont buy newspapers, don’t think that taking your kids to McDonalds is a treat, don’t get them high on sugar all the time. Love is the answer.
Spend time just talking with your kids. And don’t assume that you know any more than they do. THEY understand that Love is the only think to aspire to. THEY can teach you that love is worth more than all the shiny gold in this world. But you have to listen. You can teach them how to avoid debt interest and who controls the worlds finances later. First you have to listen. Learn for yourself the only bond that will liberate your soul. Love.
Once you understand this you can show them the way of the warrior.
Paul Morris
Rise up? What for? One tyrrany will be replaced by another one. Look at French Revolution, Russian and Chinesse comunistic revolutions, etc.
Educate, educate, educate so our children are aware of danger and know how to avoid it! Educate, so they cannot be fooled by others and know how to survive & trive.
It takes time and more important it takes a strong will and sacrifice on our sides – STOP getting into debts, stop living easy life (get now, pay later), be resposible!
no please lets have more of the same……..
Banks full of thief’s, government full of cheats, police force full of bigots and thugs.
And the few at the top pulling the strings laughing as they downpress the world causing hatred and division amongst its population.
I say….
Poor people & indebted people make up the majority of the planet- we all need to rise up and fight this tyranny!
Listen to Robert, what he says is correct.
‘We need a revolution to make a solution’
For Now awareness is the only we can do. People need to stop living in little bubbles and realize that the bank Central federal or otherwise are only there to serve the elite.
Until the day of reckoning comes we can just keep trying to make people aware and when that day arrives everyone who knows and cares and wants to be free from this Economic Slavery then I say we need to Rebel!!!
People are becoming more discerning about what is presented as anti-globalist/elite sources of information – zeitgeist 1 is actually globalist disinformation, zeitgeist 2 is globalist propaganda. V for Vendetta is an allegory for the globalist religion of gnosticism and ultimately luciferianism. People would do better to look to prisonplanet.com or infowars.com for news and films produced by that team than the above globalist sources.
its a mega pyramid, and like all of them , it will collapse!! people in the uk are too soft, the rich get richer and the poor get poorer , a time for revolution is at hand , watch a movie called ZEITGEIST this will explain 2 u what is going on in the world !!! also watch V FOR VENDETTA .