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Author Topic: I get the feeling everyone on here hates the banks?  (Read 1335 times)
(oYo)
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October 27, 2014, 12:21:09 AM
#21

not to mention they also like printing their own money out of thin air.

Umm... the government does quantitative easing, not the banks...

I'm not going to go into quantitative easing right now, except to clarify that governments do quantitative easing through loans from their central banks. All governments have the power to print their own money, interest free I might add, but instead they borrow it from their central banks at interest. On a more personal level, the banks loan you money (at great risk to yourself, if you can't pay it back on time) which they bring into existence through your loan with no risk to themselves. If you want to learn more about how the banks operate fraudulently in full support of governments to enslave the masses, watch the videos in the link I posted earlier.


Watch this short series of videos on Money, debt and the banking system

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October 27, 2014, 04:16:31 AM
#22

I'm not going to go into quantitative easing right now, except to clarify that governments do quantitative easing through loans from their central banks.

The government issue bonds, which investment banks buy and pay interest to the government. How else are they going to get the money they print into the economy? Leave it on the street corner and let people come past and collect what they like? Give all citizens $900 cash (sorry, this isn't Australia where that happened in 2008).


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(oYo)
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October 27, 2014, 04:40:12 AM
#23

I'm not going to go into quantitative easing right now, except to clarify that governments do quantitative easing through loans from their central banks.

The government issue bonds, which investment banks buy and pay interest to the government. How else are they going to get the money they print into the economy? Leave it on the street corner and let people come past and collect what they like? Give all citizens $900 cash (sorry, this isn't Australia where that happened in 2008).

You have that backwards, it's the banks that earn interest on the bond issued. This equates to a loan the government takes out from the banks, which the people end up paying back. Here's another video that (in the first few minutes) explains this better than I can.
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4 | Mike Maloney


fabiola!
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October 27, 2014, 05:11:46 PM
#24

Thanks for so many links guysss, I'll take a look! Smiley

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October 27, 2014, 05:46:44 PM
#25

Hate is the wrong word, but they do make a comfortable living from exploding you and the more you give them the more the f**k you

Infinite ice plan with thermal holes (Earth is one of them)   
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October 27, 2014, 07:36:46 PM
#26

everyone hates bank. They chanrge high fees and more than often are troublematic.
People tolerate them because they have no other choice and don't know good alternatives like btc

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