Mods if you want to move this fair enough ?

HOW hard is it to understand ?
Issuing money with debt attached can only lead to misery !
The debt can NEVER be repaid !
PLEASE people of the world WAKE THE FECK UP !
Please think !

If my government (UK) was printing the Pounds (instead of the Bank of England) they would let me borrow at the same rate ! IE. 'can I borrow 10pounds' yes ! How much do I pay back ? '10pounds' ! Thats how it works !
The bank of England and the Federal Reserve works like this ! 'Can I borrow 10pounds ?' Yes, but we want 10 pounds and 10pence in return ! ????? Where the feck do I or anyone get that 10p from when the only ones issuing the money is the Bank of England or the Federal Reserve ????? WAKE UP !

How hard is it ?

Peace

3 stars and no comments wot the frick ?
It is THE route of the EVERY problem in the World !
THINK ?


Peace !

Okay no=one can even join the dots ?
I give up ! ATS is fooked !


My confidence broken ! Night night !

Someone once said 'money is the route of all evil' !

They were right !

Originally posted by ProRipp
Mods if you want to move this fair enough ?

HOW hard is it to understand ?
Issuing money with debt attached can only lead to misery !
The debt can NEVER be repaid !
PLEASE people of the world WAKE THE FECK UP !
Please think !

edit on 083131p://01America/Chicago27 by ProRipp because: (no reason given)

I see what you mean ! Who issues the money and what is it that backs up that money? Not so long ago $1 was backed up by the government having $1 in gold stashed away. Today that gold is nowhere to be seen and doesn't need to be held by the government because $1 in paper currency is not backed up by $1 worth of gold anymore. So when the Federal Reserve issues $1 or $1,000,000 in currency to the US government or the banks, just what is it that allows then to do so? On what strength of what material or liquid or whatever Is that money created. What secures the issuance of that money?

Guess it's secured by the interest (debt) that will be collected from the government or banks. The banks which in turn receive interest from consumers unless the Federal Reserve is charging the government and banks more interest than the banksters can collect from us which I'm guessing is not the case. The banksters are collecting more interest on the money borrowed from the Federal Reserve than the Federal Reserve is collecting from the banks.

But that still doesn't answer the question of what secures the issuance Of the money in the first place.

So the "I see what you mean" now becomes "what do you mean" when you say "Issuing money with debt attached can only lead to misery ! The debt can NEVER be repaid !"?

Originally posted by ProRipp
3 stars and no comments wot the frick ?
It is THE route of the EVERY problem in the World !
THINK ?


Peace !

No! it comes in a close third behind religion and famine

Pro

Good thread .
Unfortunately ;
People on the whole are not that into truth about money creation process and it's implications .

Right it's very very late , gone 4am in UK so I will leave you with this !
Money issued as debt , can NEVER be repaid !
Work it out ?

If I am the bank. The ONLY bank, and I say heres 10 pounds/dollars but I want 10 pounds and 10p back !
Where are you gonna get that 10p from ?

It can NEVER be paid back !

Simples !

Peace and goodnight !

I understand it, its dark side inequality and scarsity. I don't support hellzones and pyramid systems.

NO!
NO, money is not the cause and root of all evil.
That is a flawed and extremely simplistic way of looking at things.
Money is a tool for the facilitation of trade.
It makes things easier.
It is a godsend.
What is wrong, is borrowing money in the names on many, without any supervision, and plans, and being unable to pay it back.
It is irresponsible.
But nothing to do with money.

If you really want to know what is at the root of todays problems, it is intelligence, or rather the relevance of a dualistic way of thinking.
This causes self repetition, and lashing out, such as conspiricies, money, etc.
It also causes bad government, corrupt governments, and the collusion of big companies (and religion) and states, forcing the view and agenda of some onto the many.
But not an issue of money.

Generations of media programming of the masses to believe promissory notes are money because they have fancy government logos on them... Been preaching it for years but few care much less understand.