On your personal checks, your name is in all-caps; by signing above the "authorized signature" line, are you declaring yourself the authorized user of that corporate account?
I'm sorry, you have to ask all questions with the full context.
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Sorry, you need to ask them one at a time with full context.
Why are the contract terms "authorized signature" written in "fine print" on all checks? To prevent fraud because it is difficult to emulate. To join a contract in the legal sense. To prevent unauthorized users of corporate accounts.
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Sorry, you need to ask them one at a time with full context.
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I know this is going to blow your minds, and I apologize for interrupting your circle-jerk of pseudo-theory, but what if currency doesn't exist in a vacuum? What if prices fluctuated, meaning purchasing power fluctuated, in a similar manner to currency?
What if, and I know this is really out there because it means the government and fiat money and the world isn't actually going to collapse, but what if the modern currency has enough flexibility to meet purchasing power at a reasonable level, and the only examples of this not happening are anecdotes, exceptions to the norm, and not statistically relevant?
Of course the current system will never collapse, as you said, it is all relative and floating. In a worst case scenario they will issue new money in exchange for old hyper inflated money, and last for another few years, like Zimbabwe government did for many times You keep repeating one event: but what if the modern currency has enough flexibility to meet purchasing power at a reasonable level, and the only examples of this not happening are anecdotes, exceptions to the norm, and not statistically relevant?
If you regard fiat currency the unit of value, then your slavery will never end, you will forever working to earn some paper printed by a few while they take the ownership of your wealth by simply printing or adding zeros to their account
My slavery? Hahahaha my slavery is quite palatable. I have a job I enjoy, a wife I love, a nice home, a dependable vehicle, hobbies I enjoy, and enough of this evil evil money to provide all of these things comfortably. If this is the curse of fiat, I welcome the curse!
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If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you? You ask those questions one at a time with full context if you want answers. I already answered both those questions; what don't you like about my answer? I even gave you an example where a bank would not reveal the full truth behind the stuff that it prints on all its contracts. HONESTY constitutes full disclosure, and you are not able to demand it from a bank. Therefore, it is not possible at all for a bank to be honest; i.e. you cannot enter into such an agreement with a bank.
Normally, you are entitled to full disclosure on a contract, and a check is nothing more than that.
See if a banker will tell you the truth about that!
Yeah, you just keep avoiding giving an actual answer because you don't have an answer. You're just saying words that mean nothing.
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Fund managers need to have control of the funds in order to invest them where they think it's profitable.
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inflation, every fiat has inflation wether you feel it or not
Sure, so what? so you hold fiat, inflation takes away your value then forex manipulation by banks (lot of bank). did you read the news do you realize what happened ? Who holds fiat? No one "invests" by holding fiat. and who is talking about "invest." bahahahahahahaaaaa :/ You are? Holding a currency makes no sense, why would someone hold a currency?
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I know this is going to blow your minds, and I apologize for interrupting your circle-jerk of pseudo-theory, but what if currency doesn't exist in a vacuum? What if prices fluctuated, meaning purchasing power fluctuated, in a similar manner to currency?
What if, and I know this is really out there because it means the government and fiat money and the world isn't actually going to collapse, but what if the modern currency has enough flexibility to meet purchasing power at a reasonable level, and the only examples of this not happening are anecdotes, exceptions to the norm, and not statistically relevant?
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If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?
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In This Thread: People pretending that they understand the banking system.
ITS: This guy refusing to answer simple questions because he's a shill.
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inflation, every fiat has inflation wether you feel it or not
Sure, so what? so you hold fiat, inflation takes away your value then forex manipulation by banks (lot of bank). did you read the news do you realize what happened ? Who holds fiat? No one "invests" by holding fiat.
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No.
They are thieves by definition.
How so?
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inflation, every fiat has inflation wether you feel it or not
Sure, so what?
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If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?
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Ok, what does that literally mean? What information do you want to know? Why are you entitled to that information?
I want to know why it says (in micro-print) "authorized representative" below the signature line on my checks! Normally, you are entitled to full disclosure on a contract, and a check is nothing more than that. Why can't you answer my questions?
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Clickbait, trying to get your attention.
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when money dies we all get back to barter economy or other
Man, it sure would be easier if we could barter using an efficient means of exchange that everyone recognized...
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A theory only "proven" by the systematic perpetration of human rights violations being labeled "civilized society", when those same sociopathic violators without a government to provide official, "legal" cover, would be suicidally risking their lives to do the same were anarchy the dominant system instead.
What are human rights in your view? What entitles humans to "human rights"?
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In a related note, is there any major country that is completely debt-free?
Everyone seems to be owing something to someone else.
On a net basis (meaning that have more cash like assets then they owe other countries) then yes. China is an example of this. You need to remember that even companies like microsoft and apple have some debt on their balance sheet even though they have tens of billions of dollars at their disposal Wait. Wait. Hang on. You think. Wait. You think China has no debt?
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Fiat money works. We all use it regularly. Amazing.
tell that to the zimbabwean As opposed to the rest of the world that functions normally with fiat? Which is the compelling argument?
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