HOW BANKERS AVOID TAXATION ON MONEY CREATION

An interesting banking 'secret' was recently revealed by the Bank of England Bulletin #1 of 2014:

"Most money in the modern economy is in the form of bank deposits, which are created by commercial banks themselves.
Money creation in practice differs from some popular misconceptions — banks do not act simply as intermediaries, lending out deposits that savers place with them, and nor do they ‘multiply up’ central bank money to create new loans and deposits. The amount of money created in the economy ultimately depends on the monetary policy of the central bank. In normal times, this is carried out by setting interest rates. The central bank can also affect the amount of money directly through purchasing assets or ‘quantitative easing’. "
http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2014/qb14q1.aspx

BUT WHAT THE BANK OF ENGLAND DON'T TELL IS THAT BANKS FIRST MUST WRITE THE AMOUNT OF NEW MONEY CREATED IN THE ASSET SIDE OF THE BALANCE, BECAUSE IT IS A RESOURCE. ONLY LATER BANKS CAN WRITE THE NEW MONEY IN THE LIABILITY SIDE AS THEY SPEND OR LOAN THAT MONEY. THEY ACTUALLY DON'T DO LIKE THIS, THEY REFRAIN FROM INCREASING THE ASSET SIDE OF THE BALANCE AT THE TIME OF CREDIT CREATION, SO MODERN BANKING BALANCES ARE EXPOSING FAKE LOSSES AS A RESULT. HERE IS THE CRISIS BECAUSE BY HIDING PROFITS YOU DON'T PAY ANY TAX ! BUT THE CITIZEN INSTEAD SHALL DO.