Remember that Bank of Italy Governor Ignazio Visco has recently stated that the Bank of Italy is a public institution and that it is drawing on its reserves, that amount to 22 billion euro, and those reserves are different from the currency and gold reserves amounting to 105 billion that are the Bank of Italy’s extraordinary reserves, that are the result of seigniorage, that is the issuing of cash. They are dipping into seven and a half billion euro from the reserves of the Bank of Italy, a public body, in order to gift it to the private banks, to Banca Intesa San Paolo, that’s getting more than thirty per cent, Unicredit, Monte dei Paschi di Siena, Assicurazioni Generali, Inps led by Mastrapasqua the one who’s collecting armchairs of power, etc.!

We would like to thank the 5 Star MoVement that has fought a fierce battle in Parliament. It tried to block this destructive measure working against the law and against democracy and we trust that there’ll be a judge in Berlin who can block this measure before the money is handed over to the banks.