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BbdHome (September 3, 2008 at 10:06 pm)
7:12"Everyone sub-consciously knows banks do not lend money. When you draw on your savings account, the banl doesn't tell you you can't do this because it has lent the money to somebody else."Mark Mansfield, economist and authorI don't think I get this, it probably means exactly what it says, but someone explain please...
BbdHome (September 3, 2008 at 9:59 pm)
=( ..........
pidos847 (September 1, 2008 at 7:20 am)
STOP THE NEW WORLD ORDER!!!!!!!!!If anything happens in 2012, it will be because of the H.A.A.R.P. This device can cause earthquakes, hurricanes, tornadoes, cyclones and many other disasters. Katrina was man made, the cyclone in burma was man made, the tsunami was man made and even the earthquake in china (may 2008). The government is trying to kill us off as part of their NEW WORLD ORDER! We must all unite against the zionists and kill them first! Fight the power and keep democracy alive
lifersfc (August 23, 2008 at 10:58 pm)
I don't see how there is anything wrong with this...Money is not backed by gold, therefore it must be created out of thin error. Who creates the money, banks or government, is a moot point.
CosmicFork (August 19, 2008 at 12:52 am)
People believe usually that money is created when it rolls off the printing presses at the U.S. Dept of The Treasury. IT'S NOT. The Real Origin of Money in our system, is in a Bank Loan. Every Dollar that you've ever seen, Whether it is in Physical Bills, or on a Bank Account, had its' origin somewhere, as a loan through The Banking System to someone, you, or someone else. "Fiat" Money is created (ex nihilo) i.e. out of NOTHING, by the power of the word, and a few key strokes on a keyboard.
themadtapper (August 13, 2008 at 6:45 pm)
i think it is time for project mayhem. we need some major hackers working together to demolish our credit systems, throwing us into chaos, then we disassemble our gov b/c it started good, but has gotten bad, we need a better system, and with the internet and all of us being connected, a new look at how to run ourselves is imperative
thaansa3 (August 6, 2008 at 5:04 am)
Truthfully dude, you know nothing about me, so how are you freely throwing insults around. You have the nerve to talk about education? Give me a break. I'm not even going to engage in some internet beef with you. Thanks for you comments. Have a good one.
N172ER (August 2, 2008 at 8:52 pm)
You are owned by the currency system and made into debtors by it. Ask yourself why today you need 2 incomes in a household to get a decent living. 50 years ago it wasn't so and Americans actually had savings. Go look at a chart of the USD$ index and see where its been since the FRB and IRS came into existence.
mkabbz (August 2, 2008 at 2:55 am)
But then... the fact that this bank credit is lent out on interest basically mean that we owe quite a bit of what we, the common citizen, consider to be ours back to the banks, ultimately. Am i on the right track here?
mkabbz (August 2, 2008 at 2:53 am)
The information provided in this video all seems very accurate and eye-opening. However, from my perspective things don't seem quite as grim as the general opinions ive discovered on these boards make them out to be. We have to remember that the money made from nothing is used by farmers, tradesmen of all sorts, and other producers to transform this imaginary wealth into tangible assets. Basically, bank credit is transformed into real wealth. |