sooted up Cyndi » 13 Jul 2018 2:16 pm » wrote:Hat_Creek » 13 Jul 2018 1:52 pm » wrote:
Why limit the situation we have to the Fed Res?
They are merely an underling of the IMF aka "The Bank". (Not the same definition of "a Bank")
Why don't we take the audience deeper into the rabbit hole?
The question then becomes: How did the IMF aka Fed Res, gain constitutional authority to
create "money", then lend it back to the US with interest applied?
Good point. Scam. Fed is a scam. IMF=a scam too. Sometimes they admit they don't know what they're doing. In the last crisis. They're winging it. Who knows what kind of mess they've created for the future? After all the easy money they created. People are saying. the paradigm(spelling?) is totally shifting. Opposite. I really don't understand it, but perhaps the easy cheap money is gone? Higher rates? Higher inflation? What the heck are they talking about? I would never ask Bv, he's numb.
Someone may say different but inflation is a direct result of interest which must be paid in addition to principal.
The reason is, when the money was created for the loan, the money then did exist, and it is introduced into
the economy. What did not exist as it wasn't created, is the interest money itself. Think of it as a bubble, not
a financial bubble but a bubble as in a closed system. The money borrowed is created and exists within the
bubble. The interest is not created, it is not inside the bubble. So where does the money we will call interest
for now, where does it come from if it doesn't exist within the bubble?
This conundrum creates not inflation, it also must create bankruptcies. Because the bankruptcy is the only
vehicle whereby the non existing money can be destroyed. And, like any other current, (currency), the
money destroyed, we call this a discharge. If our gov created money and spent it, lent it, into the economy
without the burden of interest, we could all become debt free, no income taxes, the list is long of the
positive effects. The three presidents who have tried to do this were all murdered. Going off memory
here so I may be missing one or it may only be two. (Actually, there are other forms, other vehicles
whereby debt is discharged but the process is the same, the result is the same)
I cannot explain the interest phenomenon as well as I comprehend it. But there is ample evidence
and facts to back up what I stated available on the interweb.