(There is a similar conspiracy theory about the US Federal Reserve). Rather criticise the monetary CONTROL system, we should praise it for the enormous growth, inventions, innovation and quality of life we currently enjoy. The instution belongs to England but the money in the accounts not. taken from audited a/cs 2008, note 2 (t): “The entire equity capital comprising £14,553,000 of Bank Stock is held by the Treasury Solicitor on behalf of HM Treasury. Started 5 hours ago. 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. Readers Question: Who owns the Bank of England? When I can make sense of the madness, I will post it on my face book. And the whole basis of their power is the debt-based economic system foisted on virtually all governments. Started 19 minutes ago. Those who served as the Governor were required to hold at least £4,000 of stock and those serving as a Director needed to have £2,000. How does the Monetary Policy Committee of Bank of England set interest rates? The Bank’s notes were made legal tender for all sums above £5 in England and Wales so that, in the event of a crisis, the public would still be willing to accept the Bank… We're free from day-to-day political influence. Although we are owned by HM Treasury, we carry out our responsibilities independently. Take away the “living token” monetary system, and very few would work, and daily rampant theft, and maruading pillage would dominate and plunder society back several thousands of years. It was privately owned at its foundation and remained so until the post-war Labour government nationalised it in 1946. On Dec. 23, 1913, President Woodrow Wilson signed the Federal Reserve Act. It’s important not to get confused between the Federal Reserve and the US Treasury (which is part of the US Govt.). UKFI also previously held Northern Rock, until most of the company was bought by Virgin Money in 2012 . From Bank of England website. I have a strongly feeling it has to be the British government. The truth is much worse. England’s imperialism has worked into the economic and banking practices worldwide and the Queen’s Crown Agents and Agencies have controlled global resources for centuries. The British Crown’s offshore banks hold personal wealth estimated at $35 trillion. Who owns the Bank of England? The gold is kept in nine underground vaults and we guard it very carefully. As to the supposed ‘Rothschild’ connection, I don’t know why people should think that the family own us. precious metals hedge your bets against this fiat monopoly. The bank has since had exclusive legal authority to issue bank notes for the entire country. The Bank is a public sector institution, wholly-owned by the government, but … The Bank of England is indeed owned by the Rothschilds, as is the worlds banks. “As a public organisation, wholly-owned by Government, and with a significant public policy role, the Bank is accountable to Parliament”. of half the post-tax profits unless the Bank and HM Treasury agree otherwise. Each year, the Bank is required to submit its Report and Accounts to Parliament, via the Chancellor of the Exchequer. The capital of the Bank is held by the Treasury Solicitor on behalf of HM Treasury. In many ways, we functioned like other private companies. Not that it needs to be proven. The Bank of England was set up by, ironically, a Scotsman – William … – economic land grab, religion, other national objectives. Click the OK button, to accept cookies on this website. We're free from day-to-day political influence. What country would charge itself interest? Most shareholders held relatively small amounts of Bank Stock. The Bank of England is the central bank of the United Kingdom. Since we borrow money by issuing Bonds, which foreign and domestic investors purchase, there has to be an interest rate given as incentive to those lenders to get a return, unless of course it is a charitable donation. The BoE was the first central bank to issue money as unpayable debt, the world’s greatest Ponzi Scheme, and it has been the model of … At one end of the spectrum are central banks, like the Bank of England, that are wholly owned by the public sector. 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 BoE facilitates the transactions, and also sets the interest rate on those bonds sold. For this year’s #ExploreYourArchive campaign, we’re going to be looking at some of the fantastic items in the Bank of England Archive. makes one think -does it not ! require the banks in question to pay a “special tax: exactly equivalent to the bond interest !! The head of the Bank of England since 1973, Sir Gordon Richardson, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of J. Henry Schroder Wagg and Company of London from 1963-72, and director of J. Henry Schroder,New York and Schroder Banking Corporation,New York,as well as Lloyd's Bank … Until it was privately owned corporation serve you relevant adverts and content wholly-owned the. Lot of interest, and if my last statment is true, how much can i borrow and will! ’ t have an endless supply of money as debt is slavery, no matter who the! 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