biometric card for every little cowardess sheep all ready set for the mailings. I am literally embarrassed for my socalled fellow citizens as they cawra behind their little pathetic controlled lives in fear of their own shadows cos they have been incrementally brainfucked into immorality self-degredation, and lie after lie all spoonfed by a cabal of evil control freaks that should be in prison and NOT representing what used to be the greatest freest nation the Earth has ever seen. We R in DEEP S
The money system is great WHEN it is well regulated by a uncorruptable agency that would have a shorterm limit for each individual in the set agency. In the early 1900's you seen corruporations, and banks being held responsible for their corrupt acts with many people being imprisoned for years for their unfair and illegal practices. unfortunetly 100 years later we have a society that is virtually inane and brainwashed that a total collapse of the $ is imminent with a cashless imf fuckyou biomtr.
@glassandroid then what is the point of life because there isn't an unlimited amount of resources on this Earth so you have to earn it through working and through working you get money. But if there was unlimited resources I'm all for your idea.
government sells bonds to fed, government gets money, the bonds are sold with interest and government debt gets to be 14 trillion dollars and the debt ceiling is raised.. then the government can create more bonds to sell as debt and the government will have to pay it back with interest.. the government is now paying interest only! They are NOT PAYING THE DEBT DOWN.
This is all very well. BUT the banks use the money to bet on the hedge fund market, loose it and the government loan them money. Government money from my taxes!
If the last greatest thing AMERICAN MADE is systematic Government DEBT sold to the World....then...let why not let that be outsourced, too? We don't necessarily HAVE TO Sell OUR DEBT through OUR BONDS....Couldn't our buyer pool stand to have that debt FOREIGN MADE? China could buy up their LOCAL provinces' debt as long as they purchase it in DOLLARS, and they're helping US in the process of helping them....and they're saving face!
Also on that note...if we send the proceeds back to them in the form of World Bank XDR's then it wouldn't be Dollar version of Credits in their Vault...nor necessarily be XDR credits, but their own credits! As we move through World Bank, our dollar gets destroyed-by-conversion, and when XDR hits their vault, it's getting destroyed by conversion....so the value of the remaining Dollars and XDR's get raised up! Rising tide lifts all boats!!!
Plus...unlike Fed activity here....Fed is not constrained to working with ONLY the FEDERAL GOVERNMENT's DEBT...they can deal with FOREIGN GOVERNMENT's DEBT as well...as long as we can price that debt in FRN dollars. Manuver...whenever unsold Debt issuances occur, FED BORROWS @0% that portion at the half-face selling price, taps the Treasury to tap mint to "create" X amount dollars, then makes whatever government BORROW that amount at the 0% as well, so the two borrows CANCEL EACH OTHER OUT.
(continued) and that manuver is the same as before...just as it was with OUR GOV, then the proceeds get funneled through XDR's and that money gets into THEIR VAULTS, so that the "destroyed by conversion" process can happen for the Dollar and the XDR... We have all the tools, to get rid of the national debt, folks, why can't we use them right?! But what I outlined is just part one and part two of my little "nutty idea" look around for PART III, and you might find it.....
All we have to do, since Fed is basically GOV (in private form) is to take off almost all the taxes off of the people and businesses operating under American flag or nationality, multiply the amount 250 times, and impose it on the Federal Reserve itself. FedRsv *Could* ask for a loan from US....and we start turning the tables.
Here's what would happen...We impose the tax (250 times country's taxbite),
Federal Reserve comes back with a promissory note saying "Payback in 1000 years, at "variable interest", with collateral being the entire circulation of Dollar currency, and all bonds (held or borrowed, at their maturity face) as downpayment. Yearly Principal Payment consists of the TOXIC ASSETS, or OLDER DEFAULTED LOANS that develop in economy on periodic basis"
Next, Treasury accepts Promissory note, and sends back a physical token representing the entire amount loaned...doesn't have to be fancy, just has to represent LAW: A ordinary lowly penny with a pie wedge cut out of it, perhaps so it could not be spent anywhere else (PAC MAN?) hands it back to FEDRSV. once FEDRSV has token, it transforms the TAX DUE into a LOAN with GOV as Creditor to the Fed once again. Fed still operates on International level as before, but...
Penny in the FEDRSV Vault represents backing of all the dollars, electronic or physical, as long as Penny is in FED Vault and Promissory note in Treasury's File...money is backed, and NOW GOV has ample funds to operate, without really needing to TAX the people or businesses. Debt servicing costs outlayed to handle FED's holding of paid-for bonds, can now be directed to entitilements, or elsewhere.
However, since "Domestic" Dollar pigeonholed as a Gold or Silver Instrument, FED NOTE dollar STILL is considered a "Foreign" instrument....therefore, Income tax is still legal as a "Foreign excise tax" So, lower all taxes on income down to a penny per year per individual, and one dollar per business entity per quarter. Prices drop. and our products now might have better chances to compete in foreign markets.
This video is good in simply explaining the system of fractional reserve banking. The problem is that the conspiracy theorist and this video make it seem like Fractional Reserve Banking is some sort of secret that "they" don't want you to know. This material is taught in undergrad econ programs
My point..... there are pros and cons to a fractional reserve banking system. If you take the time to understand the whole concept you will see that.
@maa48 Its no secret just 99% of the planet are unaware of this.Also I believe that fractional reserve banking is wrong but the point is that these banks are all PRIVATELY owned.Who gave them authority to loan money that they have created out of thin air?Stop trying to play this down mate,it aint gonna work.In fact I would call anybody who supports this system a bottom feeder.
@maa48 Have you considered the idea that taxes really are VOLUNTARY if you take into account BOND-BUYING? I have to laugh now when I talk to some in the Patriot community, that swears that taxation (through the 1040 and other) is UNCONSTITUTIONAL....but ask if they want to TEAR UP THEIR TREASURY BONDS, and they'll say "But junior's got to have his college education / Grandma's got to have her retirement / I'm investing for the future etc., etc.," So...your thoughts?
"Loan Demand" is a sugar-coated term for = lazy people who dont want to save money and would rather belive in a fantasy of instant gratification. Lazy people are just as bad as the banks. In fact all the power banks have come from lazy people.
If you want to change the world for the better then CHANGE YOURSELF.
is this too radical to understand? Am I the only one who sees this?
The reason this is hard to understand is because every tutorial runs into the easy part (loans, fractional reserves, debt) and doesn't explain thoroughly the first few stages. What does the Fed do with the notes? How does the govt. pay the interest on the notes? What interest rate does the govt pay? What are the factors in determining the interest rate? You guys must be amusing yourselves because you're not teaching anyone anything.
@EasyEbookMan - No, I will not. First of all you're link is no good, which means you're careless. Second, I asked specific questions - don't throw a movie at me.
The money creation lies in the fact that the government borrows money from the Central Bank that does not exist yet. There is no deposit money to balance borrowing-lending
The government spends the money in the system (market place). Then in the future the government claims a part of the energy its citizens put into the systems in exchange for money.
When the government gives the borrowed money back to the Central Bank, the money disappears again. The Central Bank keeps the interest.
biometric card for every little cowardess sheep all ready set for the mailings. I am literally embarrassed for my socalled fellow citizens as they cawra behind their little pathetic controlled lives in fear of their own shadows cos they have been incrementally brainfucked into immorality self-degredation, and lie after lie all spoonfed by a cabal of evil control freaks that should be in prison and NOT representing what used to be the greatest freest nation the Earth has ever seen. We R in DEEP S
unoitaliano 6 days ago
The money system is great WHEN it is well regulated by a uncorruptable agency that would have a shorterm limit for each individual in the set agency. In the early 1900's you seen corruporations, and banks being held responsible for their corrupt acts with many people being imprisoned for years for their unfair and illegal practices. unfortunetly 100 years later we have a society that is virtually inane and brainwashed that a total collapse of the $ is imminent with a cashless imf fuckyou biomtr.
unoitaliano 6 days ago
@jacoby515 but why would you want to work so hard for virtually useless money?
H0wie99 1 week ago
@Jacoby515 Resource based economy.
FuglFoeniks 2 months ago
abolish money
it's unneccesary
glassandroid 4 months ago
@glassandroid then what is the point of life because there isn't an unlimited amount of resources on this Earth so you have to earn it through working and through working you get money. But if there was unlimited resources I'm all for your idea.
Jacoby515 4 months ago
government sells bonds to fed, government gets money, the bonds are sold with interest and government debt gets to be 14 trillion dollars and the debt ceiling is raised.. then the government can create more bonds to sell as debt and the government will have to pay it back with interest.. the government is now paying interest only! They are NOT PAYING THE DEBT DOWN.
taratova 7 months ago
This is all very well. BUT the banks use the money to bet on the hedge fund market, loose it and the government loan them money. Government money from my taxes!
iansummerell 8 months ago
This has been flagged as spam show
A biggest public campaign has started to abolish fractional reserve system. Visit POSITIVE MONEY website and support the campaign.
PositiveMoneyUK 8 months ago
The Treasury does not borrow from the Federal Reserve.
The Treasury does not get FRNs when they sell bonds.
The Treasury does not deposit money in a commercial bank.
Yes, the Treasury pays interest when they borrow money.
The banks do actually pay out loans out of money they receive as deposits.
When you take the $9000 check for your loan to make your purchase, the seller deposits it and his bank gets the $9000 from the lending bank.
Try to make a loan without a deposit if you disagree. LOL!
patbarkley 9 months ago
but when people pay off the loans that must mean that the money dissapears.
infectedsubincision 9 months ago
In soviet russia you rob bank, in capitalist america bank robs you!
NewWorldOrderElite 9 months ago 2
@NewWorldOrderElite In communist russia. The communist rob you of your money and your personal freedoms.
RichGonzalezVerona 7 months ago
If the last greatest thing AMERICAN MADE is systematic Government DEBT sold to the World....then...let why not let that be outsourced, too? We don't necessarily HAVE TO Sell OUR DEBT through OUR BONDS....Couldn't our buyer pool stand to have that debt FOREIGN MADE? China could buy up their LOCAL provinces' debt as long as they purchase it in DOLLARS, and they're helping US in the process of helping them....and they're saving face!
KaptBlasto 9 months ago
Also on that note...if we send the proceeds back to them in the form of World Bank XDR's then it wouldn't be Dollar version of Credits in their Vault...nor necessarily be XDR credits, but their own credits! As we move through World Bank, our dollar gets destroyed-by-conversion, and when XDR hits their vault, it's getting destroyed by conversion....so the value of the remaining Dollars and XDR's get raised up! Rising tide lifts all boats!!!
KaptBlasto 9 months ago
Plus...unlike Fed activity here....Fed is not constrained to working with ONLY the FEDERAL GOVERNMENT's DEBT...they can deal with FOREIGN GOVERNMENT's DEBT as well...as long as we can price that debt in FRN dollars. Manuver...whenever unsold Debt issuances occur, FED BORROWS @0% that portion at the half-face selling price, taps the Treasury to tap mint to "create" X amount dollars, then makes whatever government BORROW that amount at the 0% as well, so the two borrows CANCEL EACH OTHER OUT.
KaptBlasto 9 months ago
(continued) and that manuver is the same as before...just as it was with OUR GOV, then the proceeds get funneled through XDR's and that money gets into THEIR VAULTS, so that the "destroyed by conversion" process can happen for the Dollar and the XDR... We have all the tools, to get rid of the national debt, folks, why can't we use them right?! But what I outlined is just part one and part two of my little "nutty idea" look around for PART III, and you might find it.....
KaptBlasto 9 months ago
All we have to do, since Fed is basically GOV (in private form) is to take off almost all the taxes off of the people and businesses operating under American flag or nationality, multiply the amount 250 times, and impose it on the Federal Reserve itself. FedRsv *Could* ask for a loan from US....and we start turning the tables.
(Continued)
KaptBlasto 9 months ago
Here's what would happen...We impose the tax (250 times country's taxbite),
Federal Reserve comes back with a promissory note saying "Payback in 1000 years, at "variable interest", with collateral being the entire circulation of Dollar currency, and all bonds (held or borrowed, at their maturity face) as downpayment. Yearly Principal Payment consists of the TOXIC ASSETS, or OLDER DEFAULTED LOANS that develop in economy on periodic basis"
KaptBlasto 9 months ago
Next, Treasury accepts Promissory note, and sends back a physical token representing the entire amount loaned...doesn't have to be fancy, just has to represent LAW: A ordinary lowly penny with a pie wedge cut out of it, perhaps so it could not be spent anywhere else (PAC MAN?) hands it back to FEDRSV. once FEDRSV has token, it transforms the TAX DUE into a LOAN with GOV as Creditor to the Fed once again. Fed still operates on International level as before, but...
(continued...)
KaptBlasto 9 months ago
Penny in the FEDRSV Vault represents backing of all the dollars, electronic or physical, as long as Penny is in FED Vault and Promissory note in Treasury's File...money is backed, and NOW GOV has ample funds to operate, without really needing to TAX the people or businesses. Debt servicing costs outlayed to handle FED's holding of paid-for bonds, can now be directed to entitilements, or elsewhere.
KaptBlasto 9 months ago
However, since "Domestic" Dollar pigeonholed as a Gold or Silver Instrument, FED NOTE dollar STILL is considered a "Foreign" instrument....therefore, Income tax is still legal as a "Foreign excise tax" So, lower all taxes on income down to a penny per year per individual, and one dollar per business entity per quarter. Prices drop. and our products now might have better chances to compete in foreign markets.
KaptBlasto 9 months ago
This video is good in simply explaining the system of fractional reserve banking. The problem is that the conspiracy theorist and this video make it seem like Fractional Reserve Banking is some sort of secret that "they" don't want you to know. This material is taught in undergrad econ programs
My point..... there are pros and cons to a fractional reserve banking system. If you take the time to understand the whole concept you will see that.
maa48 1 year ago
@maa48 Its no secret just 99% of the planet are unaware of this.Also I believe that fractional reserve banking is wrong but the point is that these banks are all PRIVATELY owned.Who gave them authority to loan money that they have created out of thin air?Stop trying to play this down mate,it aint gonna work.In fact I would call anybody who supports this system a bottom feeder.
NoMoreWarNoMore 11 months ago
This has been flagged as spam show
@NoMoreWarNoMore "Also I believe that fractional reserve banking is wrong"
Banks should hold all deposits in reserve?
"but the point is that these banks are all PRIVATELY owned"
Yes, private banks are privately owned. Central banks are owned by the government. So what?
"Who gave them authority to loan money that they have created out of thin air?"
They don't, they make loans from deposits.
patbarkley 9 months ago
@maa48 Have you considered the idea that taxes really are VOLUNTARY if you take into account BOND-BUYING? I have to laugh now when I talk to some in the Patriot community, that swears that taxation (through the 1040 and other) is UNCONSTITUTIONAL....but ask if they want to TEAR UP THEIR TREASURY BONDS, and they'll say "But junior's got to have his college education / Grandma's got to have her retirement / I'm investing for the future etc., etc.," So...your thoughts?
KaptBlasto 9 months ago
Whatever. I am unemployed, so if I dont have any money, this doesnt matter to me. All we need to do is trust in President Obama to take care of us!!
groundhog2008 1 year ago
@groundhog2008 your birth certificate is a bond, worth billions mate. your very rich if you want to be : )
FREEGARYMCKINNON 1 year ago
@groundhog2008 Yeah cos I cant think for myself,so my elected baby sitter can do that for me.Dumbass
NoMoreWarNoMore 11 months ago
"Loan Demand" is a sugar-coated term for = lazy people who dont want to save money and would rather belive in a fantasy of instant gratification. Lazy people are just as bad as the banks. In fact all the power banks have come from lazy people.
If you want to change the world for the better then CHANGE YOURSELF.
is this too radical to understand? Am I the only one who sees this?
Quiksilver209 1 year ago 2
The reason this is hard to understand is because every tutorial runs into the easy part (loans, fractional reserves, debt) and doesn't explain thoroughly the first few stages. What does the Fed do with the notes? How does the govt. pay the interest on the notes? What interest rate does the govt pay? What are the factors in determining the interest rate? You guys must be amusing yourselves because you're not teaching anyone anything.
bammbamm12 1 year ago
@bammbamm12 watch?v=PdLWA5zlD5Q
EasyEbookMan 1 year ago
@EasyEbookMan - No, I will not. First of all you're link is no good, which means you're careless. Second, I asked specific questions - don't throw a movie at me.
bammbamm12 1 year ago
@bammbamm12 "How does the govt. pay the interest on the notes?"
The Fed only creates the loan so paying back interest is hard when it hasn't been created...
"you're link is no good" - I just tried it - copy & paste - I just want to help
EasyEbookMan 1 year ago
@EasyEbookMan - I didn't post a link. What in blazes are you talking about? You need to disappear.
bammbamm12 1 year ago
@bammbamm12 lol... dude I posted a link - Keyword "I"
u said it didn't work
I said it did
Now ur saying "what link am I talking about"
u r a tripper, no wonder u can't figure shit out... mean it in a nice way
EasyEbookMan 1 year ago
@EasyEbookMan - forget it - I had just returned from a poker run.
bammbamm12 1 year ago
what. the. fuck. hahaha yes it's so funny i just can't stop laughing hahaha hohoho
JDurden33 1 year ago
But on all Chats and Diagrams it shows that loads are based on desposits (Excessive Reserves) But this video said new money was created
I need to see where new money is created!
Im a bit lost on this 9-1 some folks even have a 20-1
zellymusic 2 years ago
The money creation lies in the fact that the government borrows money from the Central Bank that does not exist yet. There is no deposit money to balance borrowing-lending
The government spends the money in the system (market place). Then in the future the government claims a part of the energy its citizens put into the systems in exchange for money.
When the government gives the borrowed money back to the Central Bank, the money disappears again. The Central Bank keeps the interest.
unparlor 2 years ago
$10 billion. This is a little outdated. The government is now printing money in the trillions!!!
Other than that, it is right on.
carcabe 2 years ago 2