There's been a lot of information out there on this subject for some time. This vid by Paul Grignon is one of the best i've seen IMO. It's comprehensive enough yet concise enough not to alienate low-attention spanners. Imagine....a group of powerful elite secretly getting together and making plans... ha ha ha...what a loony idea.
I dunno, maybe the incredulous deserve what they get.:sheep:
that movie is the biggest load of bs
Anytime you want to actually mount a coherent argument would be fine. Until then, feel free to continue derping and herping.
While scm sits at home with his few bars of gold that are currently in the red dreaming of the financial systems demise and a return to the gold standard "the one true currency" the rest of us are bussy expanding our worth. hang in there buddy youll show them.....worked out why the grapes are sour yet???
default theres another key word for you
A word which has nothing to do with our discussion.
fact: you cant lend money you dont have.
Cold hard cash represents less than 10% of the total money supply.
Care to explain where the other 90% came from if it was not created out of thin air???
Try not to confuse circulation with creation for what its worth cash is not the only base currency but this is not my answer to your question. its all there run the numbers creating money out of thin air wont add up. for every credit there must be a debt net result 0. My apologies to the thread starter for the thread drift seems everyone these days learned about money from that video the dr google phenomenom i guess.
. In January 2007, the amount of central bank money was $750.5 billion while the amount of commercial bank money (in the M2 supply) was $6.33 trillion. M1 is currency plus demand deposits; M2 is M1 plus time deposits, savings deposits, and some money-market funds; and M3 is M2 plus large time deposits and other forms of money. The M3 data ends in 2006 because the federal reserve ceased reporting it.
True and the banksters hope ever customers doesn't want their money back like Italy, Spain, Greece and France do now at the same time.
Like driving to Perth from Sydney with 1 tank of fuel and watching the fuel gauge.
No with frb the bank can only loan 90c in the dollar with 10c going in reserve if that 90c gets redeposited the bank can lend 81c and so on if no more deposits are made or funds raised the bank is done lending big difference. you cant lend money you dont have
If you keep adding that up you'll end up with $10.
Hence $1 just produced $10 in circulation.
If you keep adding that up you'll end up with $10.
Hence $1 just produced $10 in circulation.
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