So on top of the hundreds of billions of dollars we gave that the public was aware of we printed up $16 trillion more that we were not aware of? Nice. Where do I apply?
The new Federal reserve audit shows they (borrowed/bailed out/invested) $16 Trillion all to banks and bid corporation,foreign and domestic. So unless we got robbed, america has $16 trillion in investments. We are not broke. Politicians are using the scare tactic to steal from us. Biggest scam in history.
@paulksycki We are broke, dude. It's all printed funds with no assets to back them. Also, most were end-of-day loans which were meant to cover deposits. The issue here was that even though it provided liquidity in the markets, it still shows there are lapses in the system where many banks are overdrawn in terms of reserve ratios. These weren't matters of bank runs, but matters of banks mismanaging their assets to the peril of their customers.
@ladyattis Yea these people can say we're not broke because we've printed so much money and 'have $16 trillion in investments', total BS....our only 'wealth' is what we can produce, and thats about zero today.
Actually Congress can print money, and then there will be NO debt - if they like - but they don't because they are all on the take from banksters. Inflation is a scam - not real. Inflation occurs when the landholders and monopoly holders don't go directly to jail without passing go. If you pray to Jesus all your bills will go away, because love cures everything, -- except aids. Jesus contracted aids because he had too many sheep, and then he spread it around to his disciples and other sheep.
@ladyattis Um no. The things the schools teach (that are subsidized by the banksters) are not true, and only wish to make everyone dependent on them (banksters.) Inflation only happens when prices go up, and that only happens when there is monopoly on necessity and land collecting for profit. Housing prices in Florida are still dropping, because, even though falling, it's way to high for the average person to afford. If housing prices go higher, they afford it less! It won't. It's all a scam.
@geehuckwow Um no. Inflation is due to the increase in money supply. Prices going up is a symptom of inflation, but not the cause. You really need to read theory of money and credit by Ludwig von Mises on the matter. Or even Economics in One Lesson by Henry Hazlitt.
@ladyattis Wrong again.The inflation word comes from the idea of prices being inflated, not the money supply being inflated. The current dollar is not related to a constant amount of gold, so it only relates to purchasing power. If the money supply is increased by 100 trillion dollars, held by one person that doesn't spend it, we will have deflation, as in the housing market. If every one was given 100 trillion, then yes, there would be inflation, but that will only happen when Jesus returns.
@geehuckwow Um no, you really really need to get educated on inflation is. Lets start with Economics in One Lesson by Henry Hazlitt. Then come back here and we'll talk. Until then, there's no way we can even be discussing the matter as we don't have the same definitions (here's a hint: money is not gold, gold can be money, though).
@ladyattis Wrong again. In your book, inflation is not inflation, and money is not money and gold is not gold. You want to be smart, but refuse to learn. It just doesn't work that way. So you are hopeless. Try to impress other people if you need their support for your DEFLATED ego, (as in deflation), but I don't need your support for mine, thank you very much. Bye....
Jesus will fix everything, so don't worry. When we all die we'll all go to heaven and sing happy songs with God, so what's the concern here. Jesus said, when persecuted, rejoice and be glad for your reward will be great in heaven." OK. No prob.
You still have the ONLY video on youtube about this. That is truly sad. I will be showing the link to RT I know they would at least do a small report on it.
Of course the MSM won't cover this. This is horrible, and I am Really pissed off about this, The entire country should know about this, 80% of the US are mad at the Govt, the Govt lends $16 TRILLION to foreign companies, this is bullshit. We all need to come together and change this, in ANY other country people would be rioting in the streets right now, but not in America. You CAN make a difference, you CAN do something, if we will all wake up, unite, and fight the good fight.
So on top of the hundreds of billions of dollars we gave that the public was aware of we printed up $16 trillion more that we were not aware of? Nice. Where do I apply?
DiwataMan 6 months ago
countercurrents * org/bailout240711 *htm
heres a better linkk...tht other one was broken for me..
rickyx1 7 months ago
odious debt
zodok9 7 months ago
Thank so much for posting this.
fal2grace 7 months ago
The new Federal reserve audit shows they (borrowed/bailed out/invested) $16 Trillion all to banks and bid corporation,foreign and domestic. So unless we got robbed, america has $16 trillion in investments. We are not broke. Politicians are using the scare tactic to steal from us. Biggest scam in history.
paulksycki 7 months ago
@paulksycki We are broke, dude. It's all printed funds with no assets to back them. Also, most were end-of-day loans which were meant to cover deposits. The issue here was that even though it provided liquidity in the markets, it still shows there are lapses in the system where many banks are overdrawn in terms of reserve ratios. These weren't matters of bank runs, but matters of banks mismanaging their assets to the peril of their customers.
ladyattis 7 months ago
@ladyattis Yea these people can say we're not broke because we've printed so much money and 'have $16 trillion in investments', total BS....our only 'wealth' is what we can produce, and thats about zero today.
davids11131113 7 months ago
Actually Congress can print money, and then there will be NO debt - if they like - but they don't because they are all on the take from banksters. Inflation is a scam - not real. Inflation occurs when the landholders and monopoly holders don't go directly to jail without passing go. If you pray to Jesus all your bills will go away, because love cures everything, -- except aids. Jesus contracted aids because he had too many sheep, and then he spread it around to his disciples and other sheep.
geehuckwow 7 months ago
@geehuckwow Um... no, you need to read theory of money and credit to understand what money and credit is. o.o
ladyattis 7 months ago
@ladyattis Um no. The things the schools teach (that are subsidized by the banksters) are not true, and only wish to make everyone dependent on them (banksters.) Inflation only happens when prices go up, and that only happens when there is monopoly on necessity and land collecting for profit. Housing prices in Florida are still dropping, because, even though falling, it's way to high for the average person to afford. If housing prices go higher, they afford it less! It won't. It's all a scam.
geehuckwow 7 months ago
@geehuckwow Um no. Inflation is due to the increase in money supply. Prices going up is a symptom of inflation, but not the cause. You really need to read theory of money and credit by Ludwig von Mises on the matter. Or even Economics in One Lesson by Henry Hazlitt.
ladyattis 7 months ago
@ladyattis Wrong again.The inflation word comes from the idea of prices being inflated, not the money supply being inflated. The current dollar is not related to a constant amount of gold, so it only relates to purchasing power. If the money supply is increased by 100 trillion dollars, held by one person that doesn't spend it, we will have deflation, as in the housing market. If every one was given 100 trillion, then yes, there would be inflation, but that will only happen when Jesus returns.
geehuckwow 7 months ago
@geehuckwow Um no, you really really need to get educated on inflation is. Lets start with Economics in One Lesson by Henry Hazlitt. Then come back here and we'll talk. Until then, there's no way we can even be discussing the matter as we don't have the same definitions (here's a hint: money is not gold, gold can be money, though).
ladyattis 7 months ago
@ladyattis wow, you're really patient with freaks like that guy, holy shit. LOL
ExquisiteDoom 7 months ago
@ladyattis Wrong again. In your book, inflation is not inflation, and money is not money and gold is not gold. You want to be smart, but refuse to learn. It just doesn't work that way. So you are hopeless. Try to impress other people if you need their support for your DEFLATED ego, (as in deflation), but I don't need your support for mine, thank you very much. Bye....
geehuckwow 7 months ago
Jesus will fix everything, so don't worry. When we all die we'll all go to heaven and sing happy songs with God, so what's the concern here. Jesus said, when persecuted, rejoice and be glad for your reward will be great in heaven." OK. No prob.
geehuckwow 7 months ago
This kind of thing is only funny anymore.
MaxStirner4Lyfe 7 months ago
You still have the ONLY video on youtube about this. That is truly sad. I will be showing the link to RT I know they would at least do a small report on it.
7evenslinger 7 months ago
Thanks for the info!
darrenritt27 7 months ago
@darrenritt27 Ditto!
geehuckwow 7 months ago
Sooo, if we lent out 16T, and we're 14.3T in debt... does that mean we're actually in a surplus in assets overall? *silly face*
eagleeye1975 7 months ago
@eagleeye1975 *trollface* If you want any assets from Citigroup.
ladyattis 7 months ago
@ladyattis *gullibleface* YOU MEAN I CAN OWN A BANK!!??
eagleeye1975 7 months ago
@eagleeye1975 More like a failbank. :D
ladyattis 7 months ago
Of course the MSM won't cover this. This is horrible, and I am Really pissed off about this, The entire country should know about this, 80% of the US are mad at the Govt, the Govt lends $16 TRILLION to foreign companies, this is bullshit. We all need to come together and change this, in ANY other country people would be rioting in the streets right now, but not in America. You CAN make a difference, you CAN do something, if we will all wake up, unite, and fight the good fight.
7evenslinger 7 months ago