8 Nov 2017 10:21 pm
Cannon, you just proved my point. A PRIVATE bank does not create money out of thin air - it creates money based on THEFT (or what I referred to as "future liabilities" of wage earners and business profits in my earlier post) of resources from the existing pool.Cannonpointer » 08 Nov 2017 10:17 pm » wrote:If a nation, exercising the authority of its citizens, issues currency, that currency represents the value of that nation's resources and production.
If a PRIVATE bank prints those same dollars, that represents the theft of that nation's resources and productivity.
See that?
One represents the VALUE and the other represents the THEFT.
That's a big old honking **** difference.
Y'see, a PRIVATE bank having the franchise to print money OUT OF THIN AIR (as opposed to it being an expression of value), then that private bank can PURCHASE, with "money" printed out of thin air, the goods and services and resources of the host nation upon which it is a parasite.
Equating what a PRIVATE bank does with what a government, on the authority of its people, does, is acting as an agent of the Big Lie that fed notes and such are.
A parasite does not obtain value from nothing ("thin air"), it obtains value from ITS HOST. This has been my stance all along.
Nothing in life comes "from nothing." Everything comes from something.