4 Dec 2017 2:52 am
peepee » 03 Dec 2017 8:22 pm » wrote:...thank you for bumping this thread to the top, private dildo, but for your own sake, you really should stfu...you're embarrassing yourself here...
peepee » 30 Jun 2017 7:26 am wrote:“Commercial [i.e. high-street] banks create money, in the form of bank deposits, by making new loans. When a bank makes a loan, for example to someone taking out a mortgage to buy a house, it does not typically do so by giving them thousands of pounds worth of banknotes. Instead, it credits their bank account with a bank deposit of the size of the mortgage. At that moment, new money is created."
...to which the loud goddamned fool republican-radio-level monetary ignoramus, termin8tor responded: "No, Dim, they simply lend the money from existing deposits. No money is created, Dim. Only the Fed can create money. You're too freaking stupid to understand your own sources." viewtopic.php?f=3&t=29862&u=0&start=220
[and this **** idiot termin8tor brags loudlyabout its understanding of economics!...as any monetary realist understands, termin8tor doesn't even understand the origin and nature of virtually one half of every [u.s.] economic transaction, ['dollars'] yet its foaming pork-chop
hole is frequently open as to some illion-dollar economy...
...wouldn't i love!! to debate this goddamned fool radio republican or any of the rest of you republican/crat monetary ignoramuses face to face..live on the teevee!...
The only one emberassing themselves is you!!! Your fallacious ad hominem attacks prove only that you have no real evidence to put forth. You obviously are a waste of skin!!!
PS: British banks are not running under the same laws US banks are Dippidy Doo!!!