Bitcoin Forum
June 26, 2024, 04:28:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 98 »
441  Economy / Economics / Re: People who know economy talk about usa dollar on: December 18, 2020, 11:24:32 PM
What’s economy?

Today It’s money! Tomorrow it’s not about money!
Today it’s about inflation! Tomorrow it’s about deflation
Today it’s about employment! Tomorrow it’s about underemployment!
Today it’s about interest rate! Tomorrow it’s not about interest rate!
...

Yes it’s a constant doubt between yes and no, they certainly know economy very well.
442  Other / Politics & Society / Re: Google down and out for 45 minutes on Monday- the perils of centralization on: December 18, 2020, 11:19:55 PM
I’m glad to move out from them as fast and as far I could, this backup isn’t as reliable as my backup hard disk too, when the disk corrupted you know the pain to get them back again, can you risk that again?
You have a chance of losing your data when stored in a hard disk when it faced physical damage or ageing factor but google drive is not an alternative because it's like you may lose your money to scammers when it gets stored into your own bank accounts so you are having so you wanted to put into someone's bank account so you will never lose. Roll Eyes

Storing anything sensitive data into any online drive is highly risky.

Don’t underestimate how reliable you harddisk might be even under extreme catastrophe there is still slim chance of recovering the data inside the harddisk, it might take a lot of effort or money, but you can’t compare that reliability with the online counterpart, the only way you can loss everything data is keep it in custodian online harddisk where the google have all the say on “their data not your data anymore since you agree on the term” bullshit agreement,  your harddisk, given its aged and some hardware broken, it’s still recoverable by fixing it slapping some new chip board and run some expert data mining tool to recover all the binary under the metal.
443  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 18, 2020, 11:09:46 PM
Exactly. The Bank cannot survive with such rates because the Bank's money is divided, in fact, into two parts.
"Credit" - those that the Bank takes for storage from people as a Deposit and charges any % on these deposits so that it is profitable for people to carry money to banks.
"Loan" - those that the Bank just gives out as a loan to people who pay the Bank % for using this money.
The Central Bank can issue loans at 0% because this is in fact a repayable debt, not a loan, and the profit will be as taxes received by the state.
Banks can't afford this luxury - at whose expense do they have to pay salaries, rent, operating expenses, etc., etc.? Just go to the Wikipedia article about banks and understand why this is happening, but of course it is much better to ask on the crypto forum how banks work.

Bank can give thousands of reasons everything is normal, that mean nothing when we can see inflation is going rampant wild, the food price alone shoot through the roof and the person who regulate the money supply?? The person who regulate the interest rate? The bank just want to point finger at everybody else but not themselves for all the money problem in the economic, this disgusting bank don’t collude a single day I don’t feel normal, it has been their profession to collude and steal, they’re no different than robber, and can you trust a robber, a blatant liars who broke the market in 2008, a colluding organisation that promise will keep inflation in check, to make this world better? And you wonder why bitcoin is needed to wake this world of this bank threat?😂

by offering btc as a panacea, you are proposing to go from shaky order to endless chaos. Is that what you want? For any cryptocurrency, there is not even an infrastructure - and there is simply no desire to use it as a means of payment. Look around, what do you see? People are obsessed with cryptocurrencies not because it is some kind of progress and the present future, but because they can become millionaires in one day, or lose everything. For all of them, and most of them, cryptocurrency is just a gray kind of casino, where you can earn good money and come out a winner.
Do you remember that the casino always wins?

Michael Saylor the Microstategy was calling bitcoin a online gambling a.k.a the casino too, but look what his narrative today? Whether bitcoin is a scam or it’s a pin to debunk a greater scams, we shall see the result very soon, I’m not calling bank is the greater scams that required some rude awakening, just a guess work.

And what is the bank's fraud? The fact that he gives you the money you need today and asks you to return a little more for it? Or is it that he offers to take your money today and give you back a little more tomorrow?
What is your complaint against banks as such? Except for the failure in 2008-the fault here, I believe, is not that in the banks as a whole, but rather in the people themselves and in the fact that we all want to somehow earn a comfortable eldery and no more.
you don't go saving every homeless person from a thunderstorm when it starts. You are sitting in your own house/apartment with a cup of tea, do you?

Well that would be very obvious, nobody like getting lock down, nobody like getting pandemics, nobody like getting their food bill skyrocketing through the roof like nothing else (over 1,000,000% inflation rate), nobody like living a life that will constantly need to compete who has faster monetary velocity, nobody like to living on the hood that hey have a heavy loan just after leaving school this monetary system rarely reward the provider aka it punish the person who contribute to the world by being selfless, this system reward the crooked financial people, many university is under funded, many professor who invent great tech are under funded all of them need to living on extreme frugal yet need to make change to this ever rotten corrupted financial system, you can have plenty to hate on this system, how am I doing fare, good but I’m not doing great as before pandemics, because I’m always compete outsmart the system, for many of the people around me they’re not so fortunate, but would you want to help them? Smiley
444  Economy / Economics / Re: So where are all the normie Economists, Bankers, who said it was over in 2018? on: December 18, 2020, 03:19:01 PM
all the normie Economists, Bankers Are the people who are low in self esteem and confident that they don’t even trust themselves, that they’re depending on trusting the other person that, also want you to trust them on their job of trusting the other person. Please you guy need to give them your vote of trust to them to make your life a living heaven that has been proven again and again from 9/11 to 2008 to pandemic. It’s not joking around, we can live a peaceful live of no world wars for over a few decades thank to them in charge of doing a great job. Please trust them when they tell you bitcoin would die in the future because the person they trust also tell the same story. I don’t believe banker would hodl bitcoin, but they might be trading from time to time to make some profit, also they hate bitcoin being too volatile they can’t in total control of the bitcoin trading account book all under their radar to analyse the the result of the data mining, all in all, they hate bitcoin being too transparent to everybody else they need that transparency only for themselves just like how they regulate the entire money supply on the dark with near zero transparency, of course they would still have plenty to hate on bitcoin, but the meteorite rise of bitcoin is something that make them out of their mind and possibly they get wet on their pant and bend over to the bitcoin overlord couldn’t say no to it again, yeah they’re seriously deceiving person that is they even successfully make a living out of being deceiving, how time has changed everything after the bitcoin inception.
445  Other / Politics & Society / Re: Google down and out for 45 minutes on Monday- the perils of centralization on: December 18, 2020, 12:09:12 AM
I had seen that coming, there is no doubt it might be pointless to be number one subscribed user on the video channel, but a matter of time would erase all that achievement, you may have got some golden play button, but all your ten years worth of sweat and blood goes into dust just because a network go down just like any other MMO RPG.
This temporary shut down didn't cause any loss of data, as far as I know, only the services were unavailable for almost one hour on most of the countries and the services back into normal with the same subscribers' amount. Smiley

This temporary shut down cause huge economical loss as well as personal issues which shows how much we relied to services from a single centralized service provider for our daily needs.

Over the years we all should experience minor glitches on google service, it’s too often some video just simply don’t load for no reason, we would blame it on our side or the server side,  but why don’t assume it’s just some part of the server that’s outrage for a while. And this one last for 45 minutes and account for all services, that’s massive one outrage, I’m glad to move out from them as fast and as far I could, this backup isn’t as reliable as my backup hard disk too, when the disk corrupted you know the pain to get them back again, can you risk that again?

Yup you can still redirect all your traffic your subscribers to your own server hosting your own YouTube server in php, before the time run out of course.
446  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 17, 2020, 10:43:34 PM
It is very clear that private banks only want to generate as much profit as possible, so they provide loan interest of 6% -10%.
Even though they actually got a loan from the central bank with 0% interest. Private banks should be able to provide even lower
interest rates. Therefore, many small businesses go bankrupt in a pandemic situation, because they are unable to pay loan to banks
with high interest rates. Knowing this, I tried to run a business that I owned without the help of a loan from a bank.
You are right. Banks will never survive with 0% interest rate. But 6-10% interest rate is so adsurd. In any bank loans, we should always expect an interest in paying back, because its the banks ways of getting more profits. However, upon getting a loan, you should always see if the interest is reasonable enough and your business has the capability of paying loans with the corresponding interests. On the other hand, Central banks offered cheaper loans to assist the small and medium businesses nowadays and it has low interest I guess. Loan interests is totally a burden, and i must suggest that we should not engage with this high interest rates loans if there are still another ways possible.

They’re going around and tell everybody there ain’t free lunch in the world, everything has to pay for it, yet they are having free meal and pay for nothing? I think it’s a completely rip off, they pay for nothing while we all pay for hyperinflation, even hyperinflation isn’t the end of that, they’re gonna kill it post hyperinflation, that might not impact anybody else, they said everything is fine the interest rate for you and business is fine, we are fine too.
447  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 17, 2020, 05:18:46 PM
Exactly. The Bank cannot survive with such rates because the Bank's money is divided, in fact, into two parts.
"Credit" - those that the Bank takes for storage from people as a Deposit and charges any % on these deposits so that it is profitable for people to carry money to banks.
"Loan" - those that the Bank just gives out as a loan to people who pay the Bank % for using this money.
The Central Bank can issue loans at 0% because this is in fact a repayable debt, not a loan, and the profit will be as taxes received by the state.
Banks can't afford this luxury - at whose expense do they have to pay salaries, rent, operating expenses, etc., etc.? Just go to the Wikipedia article about banks and understand why this is happening, but of course it is much better to ask on the crypto forum how banks work.

Bank can give thousands of reasons everything is normal, that mean nothing when we can see inflation is going rampant wild, the food price alone shoot through the roof and the person who regulate the money supply?? The person who regulate the interest rate? The bank just want to point finger at everybody else but not themselves for all the money problem in the economic, this disgusting bank don’t collude a single day I don’t feel normal, it has been their profession to collude and steal, they’re no different than robber, and can you trust a robber, a blatant liars who broke the market in 2008, a colluding organisation that promise will keep inflation in check, to make this world better? And you wonder why bitcoin is needed to wake this world of this bank threat?😂

by offering btc as a panacea, you are proposing to go from shaky order to endless chaos. Is that what you want? For any cryptocurrency, there is not even an infrastructure - and there is simply no desire to use it as a means of payment. Look around, what do you see? People are obsessed with cryptocurrencies not because it is some kind of progress and the present future, but because they can become millionaires in one day, or lose everything. For all of them, and most of them, cryptocurrency is just a gray kind of casino, where you can earn good money and come out a winner.
Do you remember that the casino always wins?

Michael Saylor the Microstategy was calling bitcoin a online gambling a.k.a the casino too, but look what his narrative today? Whether bitcoin is a scam or it’s a pin to debunk a greater scams, we shall see the result very soon, I’m not calling bank is the greater scams that required some rude awakening, just a guess work.
448  Other / Politics & Society / Re: Google down and out for 45 minutes on Monday- the perils of centralization on: December 17, 2020, 04:17:51 PM
I had seen that coming, there is no doubt it might be pointless to be number one subscribed user on the video channel, but a matter of time would erase all that achievement, you may have got some golden play button, but all your ten years worth of sweat and blood goes into dust just because a network go down just like any other MMO RPG.
449  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 17, 2020, 02:58:21 PM
Quote
Honestly your question have raised even more questions than answers, but that's a good thing. Nevertheless, if what you say is true, then this only shows how cruel banks can be. Charging people more when they can actually get a loan themselves scot-free. If ever, your country's central government should be able to intervene regarding this situation and help with these microbusinesses struggling to make ends meet during this pandemic crisis.

===

People often ignore thing that’s much more questionable, because the banker has succeed on brainwashing us to be a Pavlov dog: “everything is fine!” “Zero interest rate is fine!” It’s amazing every human being is just a Pavlov dog in disguise, they would stop questioning when they get enough of that indoctrination. But why I find it fascinating there are so many things we ignore already for too long that even banker don’t want to mentioned anymore, and all these little thing stack up against us and eventually forming a bubble and begin to pop in due time.

===



Quote
This whole interest taking thing is a scam indeed. The central banks along with all banks are a major scam. By taking poor people's money and giving them greed of small interests, these banks give the money collected to big companies placing on them a big interest which automatically rises the price of the products the company produces which the common and poor people don't recognize and they spend their so little interest-profit ok buying things on an expensive rate. A better system should be there!

===

To be fair, bankers are honest people making honest income from pay check to pay check, it’s just the interest rate itself is the culprit, I would emphasise on the interest itself being scams, but not the bank itself, and the person who regulate the interest rate, yup the president of the particular bank is a big criminal but no one can arrest that crooked criminal for the reason they’re two wrong, it become a right. That sound wrong but you know the proverb.

===
450  Economy / Economics / Re: Is Bitcoin for “Fake Rich”? on: December 16, 2020, 12:37:44 AM
If you own bitcoin you don't even own a line of code. You own a number, that's it.

  Grin







Z

Ironic, the fake rich, looking at the number, the number won’t lie, people can write a wall of text of lies, yet they don’t want to trust the number won’t lie, because they’re so biased, they rather believe in story than a globally recognised parameter of rich: the number won’t lies, the current number of bitcoin is standing at 19k it’s not gonna lie the current gold value is standing at 1930, it’s not gonna lie, the current blue chip value is standing at 30,000 it’s not gonna lie, yup be mature and accept the numbers.

Well here we talk about globally accepted and consensus-based reference for intrinsic value of asset - market price. While it surely gives indication of your current net worth, it doesn't mean you are rich though. If today you hold 1,000 of Bitcoin and tomorrow every single country bans it and makes it illegal to hold Bitcoin, then you cannot even use it as collateral for getting loans. With gold (for example) such scenario is unlikely as making it illegal would mean collapse of all central banks (not the case with BTC), would mean end of production of important electronic components (not the case with BTC), collapse of supply chains and monetary systems (if Bitcoin dissapears tomorrow only small % of people will actually care, as most of the population still doesn't even know what that is). That's why doesn't that show you the similarity with Tesla / iPhone - small group of people worked together to hype it to make it as indication of own status and wealth, while in reality the truly wealthy ones stay with traditional side.

===
It has been a blessing to a lot of gold bug didn’t listen to those non sense stock market create real value story, and these gold bugs hodl their gold like a religions through the entire market cycle, and their reward is so sweet, they watch their value goes up which is re best rewards ever it doesn’t need a lot of fancy praising and attention given to them on the social network, they enjoy the reward alone and on he dark so they’re extremely aware of social event which sound very fake to them just some wannabe rich who get a lot of wealth suddenly and making a lot of noise to impress some fast women fast car and fast house. We are the gold bugs, watching all the blue chip mega rich, spending money like a drug addict over the past decade and turn their once very famous very perceived rich to a dumpster red chip that the companies eventually goes burst and get boot off the bourse.

Yeah yeah the perceived “real rich” business owner very famous on the social network very political influential very high smv very successful, just over ten year they turn from having everything to have long nothing but a bloke, such a “real rich” to be ironically.

Too bad, the gold bugs are too very smart they had know ahead of time all this so called perceived “real rich” and their little cat and mouse game, they decide to not play this stupid game of the “real rich”, they do not crave for attention, they do not crave the recognition, they do not need to tell everybody they’re rich all over the place, the only thing they care most about is looking their numbers goes up, it’s very frugal, very real, very inspiring, and very encouraging number to them, their life is totally out of the social norms, they don’t need those noise to tell them they’re really the greatest person on be earth.

===
451  Economy / Economics / Re: Look like the crypto will be today what the stock market was 90s on: December 15, 2020, 04:56:43 AM
Contradict to your belief,
It’s the stock market looking like the crypto in the 2009s, the stock market is a Dead On Arrival attempt trying to fix a fundamental problem the social and economic problem, the end result of this failure is turning many people into political and economical output at the expense of growth from poverty, many taxpayers has nothing to give, they’re all broken because the stock market has failed to generate any true wealth.
452  Economy / Economics / Re: Loans are cheap good time to use loans for Investment in btc on: December 15, 2020, 04:51:44 AM
Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

If a peasant is owning a piece of land, I think s/he can get the best interest at least in my country. The government provides more benefits to farmers than urban residents here.

Its next to impossible to own any piece of land for younger generation, unless they would start a war and land seizure by force, tbh all the land own by the recent inhabitants are either seized by force or they’re the native aborigines the descendants of the land ownership, for us, bitcoin is our “land” that can be truly owned, it’s fascinating to know bank would soon provide loan at bargain in exchcnage for bitcoin custodian as collateral.
453  Economy / Economics / Re: Why everyone only invest in the crypto market? on: December 15, 2020, 12:01:46 AM
Bitcoin is not an investment, it’s a currency just like USD, nobody can invest a currency. And yup they’re not investing any money, they’re all holding currency such as cash for rainy day. It’s prepping day ahead, stock up bomb, bullet, gun, explosive, gold silver and also body armour, you gotta kill or get kill in a war.
454  Economy / Economics / Re: Is Bitcoin for “Fake Rich”? on: December 14, 2020, 11:42:21 PM
Ironic, the fake rich, looking at the number, the number won’t lie, people can write a wall of text of lies, yet they don’t want to trust the number won’t lie, because they’re so biased, they rather believe in story than a globally recognised parameter of rich: the number won’t lies, the current number of bitcoin is standing at 19k it’s not gonna lie the current gold value is standing at 1930, it’s not gonna lie, the current blue chip value is standing at 30,000 it’s not gonna lie, yup be mature and accept the numbers.
455  Economy / Economics / Re: Loans are cheap good time to use loans for Investment in btc on: December 14, 2020, 11:37:05 PM
Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.
456  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 14, 2020, 11:18:48 AM
Please explain in laymen term

Bank hand out the loan at 6-10% interest rate to Small Medium business
Central bank provide low rate (0%) loan to small bank to MAKE profit

The bank can’t survive with 0% interest rate?
How can small business survive with 6-10% interest rate?
How can people survive with 6-10% personal loan interest rate?
Why bank is above small business and human on interested rate privilege?
This is a major scam!

The central bank's benchmark rate movements are independent of private banking institutions unless ofc there is a level of corruption going on. Their mandated targets are generally a) unemployment and b) inflation targeting of 2-3% on avg, over time for most countries. There is nothing that says banks must survive even though implicit guarantees may be made.

To answer your question, there are certainly instances where banks charge high amounts of interest on consumer loans.

But there are two reasons for that, whether or not they justify the banks' actions: a) There is a disconnect between short term benchmark rates (i.e., fed funds, cash rate, whatever you wanna call it) and retail rates and b) There is substantial risk in personal/business loans compared to secured mortgages.

====

The layman term is simple like this

“It’s the business at fault”
The business always goes default, this cluster *uck of business is so full of risks and plaguing the entire bank balance sheet, let make the rate as high so all the business eventually can get wipe out from the balance sheet, this way more money for bank, bank rarely goes broke huh? It’s the rich playground now too big to failed! If the bank failed it just get defaults and the taxpayer will pay for the debt, or the business failed, taxpayer will pay for it too!

“It’s the personal loan at fault!”

Personal loan? Fine they’re too very risky, just keep it as high to the point where all of them get default despite we get the money at nearly zero percent interest rate (teehee!), the people go default? Taxpayer will pay for it, oh the wall? We will make Mexico pay for it too! Central bank debt is the debt owned by the nation, the nation = the taxpayer, yup, central bank debt = taxpayer debt, keep the rate low for the taxpayer, keep the rate high for greedy bastard small bank, central bank goes broke taxpayer gonna pay for it, why small bank even need to pay for that LOL! Time to *uckup taxpayer bad for real!

===
457  Economy / Economics / Re: I discovered something Good best safe heaven assets best performance on: December 13, 2020, 08:06:24 AM
-snip-
And this is even worst
In other words, $1 in 1800 is equivalent in purchasing power to about $20.65 in 2020, a difference of $19.65 over 220 years.
This means USD and fiat money will become worthless in the future because of high inflation, money printer go "brrrrrrr" in this pandemic.

The true safe heaven is to hold your funds in decentralized asset like a  bitcoin Smiley
Even If one ot another currency will go down or inflation or restrictions by holding the bitcoin you have world best liqutity.
Becouse you can move your wealth according the best needs
Even though I trusting Bitcoin, I wouldn't call Bitcoin as a safe heaven now since it's still fairly new and not much adoption yet. We can't be sure what will happen in the future. The market is to volatile IMO.

Gold will be good answer since it has been existed for a long time and valuable until now.


1800, LOL, I’m sure you simply quote a random number and trying to make sense out of nonsense, btw in 1800 none of you could have born in the world, and there is little to no record of what’s life in that period also I wonder if America is even existed during that time, I though America is a very new country on surface earth, that’s talking about less than 200 years of history.😂 prove me wrong then.
458  Economy / Economics / Re: I discovered something Good best safe heaven assets best performance on: December 13, 2020, 12:27:34 AM
Quote
$678 in 1980 held the same buying power as approximately $2,142 in 2020.

Call me a simpleton all you want but number won’t lie, people lie, banker lie, analyst lie.
$678 is absolutely bigger than $2142, and there is people who want to argue to death they’re looking at a smaller number, please I swear to god, the financial market is literally trying to make thing very complex and at the same time telling more story to justify their idiocy. Smiley
459  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 13, 2020, 12:15:57 AM
Exactly. The Bank cannot survive with such rates because the Bank's money is divided, in fact, into two parts.
"Credit" - those that the Bank takes for storage from people as a Deposit and charges any % on these deposits so that it is profitable for people to carry money to banks.
"Loan" - those that the Bank just gives out as a loan to people who pay the Bank % for using this money.
The Central Bank can issue loans at 0% because this is in fact a repayable debt, not a loan, and the profit will be as taxes received by the state.
Banks can't afford this luxury - at whose expense do they have to pay salaries, rent, operating expenses, etc., etc.? Just go to the Wikipedia article about banks and understand why this is happening, but of course it is much better to ask on the crypto forum how banks work.

Bank can give thousands of reasons everything is normal, that mean nothing when we can see inflation is going rampant wild, the food price alone shoot through the roof and the person who regulate the money supply?? The person who regulate the interest rate? The bank just want to point finger at everybody else but not themselves for all the money problem in the economic, this disgusting bank don’t collude a single day I don’t feel normal, it has been their profession to collude and steal, they’re no different than robber, and can you trust a robber, a blatant liars who broke the market in 2008, a colluding organisation that promise will keep inflation in check, to make this world better? And you wonder why bitcoin is needed to wake this world of this bank threat?😂
460  Economy / Economics / Re: Why bank need cheap loan as low as 0% to make profit?? on: December 11, 2020, 03:11:59 AM
Quote
As I understand and if I am not mistaken OP's concern is that the private banks can get a loan from the central bank at a 0% interest rate while these banks would give 6-10% interest rate to their borrowers which refer to the small to medium enterprises, which in a glance could be really considered as a stratagem.

However private banks are business too that aside from the taxes they are paying to the government there are other expenses that they need to compensate for to keep their business running. Though 6-10% is quite high I am pretty sure that they are only meeting the government requirements I guess.

===

Do you wonder why more and more private small shadow banks are thriving like mushrooms around you? I think they must have having a good time on profiting during the pandemic, something is quite wrong here but it’s too very complicate to explain, that might be why they keep lowering the rate to make even more money but not increase the rate.

===

Quote
Banks are set up to make profit. It is even because it of government regulation that the rates of interest of bank loan is within what we are talking about. Banks are owned and operated by individuals especially in commercial banks so expect that profit should be made.

===

Zero percent Interest rate is definitely not something you would consider “normal”, you’re looking at historical moment because interest rate had been keeping above zero percent for over a hundred years, not something you did want to ignore and move on.

===

Quote
Well according to the government, they are doing this to :
" Actually help the people, the people can take loans during this pandemic then help their families and stuff "

Actually, it's the government who is controlling the banks , most of them and most of the other private banks are interrelated with the governmental banks. You should understand that this would make the money flow in the society. People are being given many aids by the government but sometimes it's not just enough. It's like people have this other option.

Now if there is a small business which is looking for a loan and they will be able to get their business started even during the pandemic when the situation is very bad so this way the whole country will be benefited and this would inturn help the GDP to grow and help the government too. The government and the country is nothing without the business and other firms achieving a stable space.

This is really really helpful for the people. This is something they are doing for them.

===

“it's the government who is controlling the banks”, now everything seem clear since every bank are under control by government to rip off everybody else except the government, it’s perfect fine to equal bank = government at this rate, every government will do is collect tax and make your life a living hell, now that’s what bank have been doing for quite sometime, that also make sense why they need to lower the rate for themselves(the government) while maintaining the rest of the people, since it’s quite easy to assume everybody are having debt at some point, it’s easy for them to just collect tax on top of their debt by manipulating the interest rate. That’s right, pay tax on debt which sound very stupid but it’s not something new, people have been paying tax on top of their loss for quite sometime, paying tax on debt just take it to a whole new level of new low.

===
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 98 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!