The Bank of England Started as a War Loan (1694 Documents Prove It)

Описание: The Bank of England is 330 years old. It controls interest rates for millions of people. Every major central bank on earth copies its design.

But the Bank of England was never created for economic stability.

It was created because a king needed cash to fight France. Traditional lenders had refused him. So in 1694, a Scottish merchant named William Paterson proposed a deal. Private investors would lend money to the Crown. In exchange, they would receive the right to issue paper currency backed by government promises.

This video traces the original documents. The Royal Charter of 1694. Parliamentary debates where critics warned about perpetual debt and concentrated financial power. The founding proposal where Paterson admitted the Bank would profit from money it creates out of nothing.

Those warnings proved correct. The original £1.2 million loan has never been repaid. It has only been refinanced. The British national debt today exceeds £2.5 trillion. The debt has grown roughly 2,000,000 percent since 1694.

Every central bank today operates on the same template. The Federal Reserve. The European Central Bank. The Bank of Japan. All of them descended from a war financing scheme designed by merchants looking for profit and a king looking for soldiers.

When the Bank of England purchased £450 billion in government bonds during COVID-19, it did exactly what it did in 1694. It created money to finance government spending. The mechanism has not changed. Only the scale.

This video explains how the system works, who designed it, who profits from it, and why it persists.