21 Mar 2018 12:03 pm
Sgt Bilko » 04 Mar 2018 1:24 pm » wrote:Every time a business makes a profit the money supply increases as well.
...so 'every time a business makes a loss the money supply decreases as well'?!...does this increase/decrease happen immediately and automatically?....
....i've heard lots crazy, indefensible ideas/theories about money from republicrats...yours is yet another!..
....here's a fellow who gets it, private dildo...:
http://www.monetary.org/speech-at-the-u ... 03/2010/12
"Here is what William Gouge, a banking expert wrote in 1833:
“Without clearly distinguishing the causes, men have come to see clearly the wealth passing continually out of the hands of those whose labor produced it, or whose economy saved it, into the hands of those who neither work nor save. They do not clearly see how the transfer takes place, but they are certain of the fact. In the general scramble they think themselves entitled to some portion of the spoil, and if they cannot obtain it by fair means, they take it by foul.” “The Banking system is the principal cause of social evil in the United States.” (It still is, in 2004!)
To summarize the argument: The nature of the money power is societally derived, not one originating in the activities of private corporations. Because of its great importance to all, control over the process belongs under public authority. Both logic and history show that its not safe to delegate this power, and certainly not acceptable to allow its usurpation."