8 Nov 2017 7:24 am
I will give this website's populace yet another chance...peepee » 08 Nov 2017 6:49 am » wrote:dantev2 writes: "Money is simply a representation of value in a capitalist system. The value, in the end, must come from somewhere. Value cannot be "created out of thin air." It is mathematically impossible. When the central bank expands its balance sheet by buying securities from the primary banks, the banks are expected to loan out the money at interest. The interest that is to be returned to the bank (based on the principal) represents the increase in money supply."
...please GET REAL!...stuff the stinking 'money is simply a representation of value in a capitalist system' subjective blather...OBJECTIVELY, 'money' IN YOUR LIFE, is, LARGELY, merely a number 'on the books' at some private bank...you would do yourself a great big favor by learning how these number$ originate--who, how, why, when---lest you remain ignorant of our hideou$ predicament and therefore part of the problem...
...btw, 'the value' of 'our' money is the result of 'forced-usage'...i.e. you [or someone acting in your behalf] MUST acquire and use [not] federal [no] reserve notes/tokens ['dollars' to republicrat peckerheads] if you wish to remain alive, not sleeping in a refrigerator box, and/or unincarcerated...GET REAL...
...cannonpointer, as usual, gets the gold so far...but i forsee a looming discussion about 'fiat money' where i will be forced to pull out some of my killer hold$ on mr cannon...
I'll get a copy of jerry voorhis' "out of debt, out of danger" and check it out.
I last read "The Wild Asses Skin" because someone here mentioned they were re-reading it.
Apparently they thought that was impressive to mention to the NHB posters.
It was unworthy of my time.
But I don't stop reading a book I've started. (Maybe twice in my lifetime.)
So, Balzac became a wordy bore after a kajillion comparisons, similes, metaphors, analogies.
He's so clever I lost the point half the time.
Anyway, I'll give your actual recommendation a whirl since your aren't trying to impress other posters with a dip into an 18th century philosophical thesaurus.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.