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Wed 21 May, 2014 11:05 am
Banks are actually crime syndicates, worse then the mafia!
Banks make money out of thin air!
If banks give out loans , they type in a number on a computerscreen.
No coins are moved, no money is moved, nothing.
If you ask $ 20.000 they will type it in, just like that.
Voila, $ 20.ooo out of thin air.
So, banks lend money that doesn't exist (no, it isn't backed by gold anymore)
and here it comes. The banks create a financial crises, and the one who they have lend the money to can't pay them back. So, the banks will confiscate the house, the car or what have you.
Now, the bank is in possesoon of real wealth!
The bank steals our property this way. No wonder, banks get richer, and richer, and richer. They pulll this magic trick on us day after day after.
It is just a bunch of thiefs!!!! and yes, I know about fractional banking etc.
So..
It is legalised theft.
Not angry yet? you should be!
@Quehoniaomath,
How else would you create money?
@maxdancona,
Quote:How else would you create money
I think you don't get it.
The thing is, banks are loaning money out that THEY DON'T HAVE.
Oh and then there is this, you have to pay interest over the money that was created out of thin air as well.
It is ridiculous.
@maxdancona,
nope
And you really don't get it.
@Quehoniaomath,
Imagine a world with no money (people just trade things of equal value). Of course exchange is difficult. If I have a chicken and need a little butter, it is a pain in the neck because I probably don't want a chicken's worth of butter. So I either have to save the butter (which will probably go bad after a while) or find someone who wants the extra butter for something else I need.
So we decide that although we are living in a world with no money, money would be nice to have because it makes these exchanges so much easier.
So how would we go about creating money (if we didn't make it out of thin air)?
@maxdancona,
You see, in your story there are real values. that is the difference.
to have something to make exchange easier is no problem, I am not talking about that.
anyway, watch this:
Money As Debt - Full Length Documentary
http://www.youtube.com/watch?v=jqvKjsIxT_8
and then there is this
The ONLY reason that there is inflation is debt-based money!
nothing more!
If there was no debt-based money there wouldn''t be any inflation at all!
And at the moment, what IS money? An illluuusioonnnnnnn.
Albeit a persistent one
@Quehoniaomath,
Quote:And at the moment, what IS money? An illluuusioonnnnnnn.
Albeit a persistent one
Of course money is an illusion. And of course it is a persistent one.
But it is also a very useful one, which is why we all make use of it.
When I need a car to get to work to earn money, but I haven't earned the money yet, there is a basic problem. If I can't work, I will never have money for the car I need to start working.
Money as debt allows me to solve this problem. I can get a car right away and I can earn the money I need for the car (and more) as I work. This is a very good thing.
@maxdancona,
you don't understand what I am saying,
But please look at the video, will explain what I mean, I hope.
Stumble It!
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