20 Nov 2017 9:36 am
I have seen many items of conspiracy theories on the internet over the years. This is just another one that you fell for hook, line, and sinker.. Swallowed it whole. Did you bother looking for competing views. Obviously not.peepee » 19 Nov 2017 11:03 am » wrote:ingo » 17 Nov 2017 2:15 am » wrote:I have included a link to THE MONEY MASTERS by Bill Still. When I found this I thought it was the clearest way yet that anyone can watch and learn about the Biggest Crime of the last Millennium.... We are "Their" Debt Slaves. Find out who our real Masters are... https://www.youtube.com/watch?v=HBk5XV1ExoQ
...gotta give you a hand...that's the best post yet...little does the republican-radio-idiot, 'private dildo,' under$tand but bill still is heads and tails above his **** fool radio head!...but the dildo is faaaaaaaaar from the only goddamned fool around here!...wait until you 'meet' a goddamned fool named 'termin8tor'! [known as the 'squirmin8or'] ...this **** idiot's gaping hole
is constantly working as to some 'illion dollar economy' even after i clearly exposed the **** idiot as someone who doesn't even understand the HIDEOUS origin and nature of even one 'dollar'..WORD!..[the **** republican-radio-level-idiot stays away from me, mostly just calling names like a spoiled 3rd grader!...'roadkill' ['toadstool'] has a similar republican-radio-level approach...big mouths with jack-$hit to back it up!..
...barry goldwater was referring to this republican-radio-level class of monetary ignoramuses and others with this quote found on your excellent bill still you-tube piece: "Most Americans have no real understanding of the operation of the international moneylenders ... The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and ... manipulates the credit of the United States"
Try this link.
http://positivemoney.org/2015/07/money- ... ate-banks/
How is money created?
Most people, including many economists, think that central banks and thus government creates our money. The central bank then lends the money to ordinary banks, which bring it into the economy by lending to consumers, businesses and governments. People also believe that, apart from central bank money, the deposits in the (savings) accounts held by bank customers are an important source of the money lent by banks.
The idea that banks work only with money created by central banks and with the money depositors put in their care is wrong. In reality only about three percent of the total money supply, the part consisting of coins and banknotes, is created by the central bank. The remaining 97 percent of money is produced by private banks when they give loans. This is done through a simple accounting practice which results in the amount of the loan – and the money thus created – being added to both sides of the bank’s balance sheet (for accountants among us: to the assets as a loan; to the liabilities as a deposit in the account of the borrower). As the British Central Bank, the Bank of England, put it in 2014:
“Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.”
In theory the money created by lending is destroyed when the loan is repaid. In practice that does happen, but at the same time the amount of newly given credit is almost always much higher than the amount of credit repaid. Thus the money supply continues to increase.