8 Nov 2017 6:49 am
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...
...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...