Peepee on Money
By peepee
5 Nov 2017 11:34 pm in No Holds Barred Political Forum
11 Nov 2017 1:03 pm
indago » 11 Nov 2017 9:03 am » wrote:
I didn't ask what a monetary realist was, I asked: "what is "monetary realism"?"
...'realism' can be defined as 'the quality or fact of representing a person, thing, or situation accurately or in a way that is true to life.'...so monetary realism could be defined as 'the quality or fact of representing/explaining [money] accurately or in a way that is true to life.'
...in my experience, there are very very few people here or anywhere who are 'monetary realists' i.e. people capable of monetary realism... for one of many many examples, monetary realists understand most of 'our money' is created in private commercial banks through a legalized counterfeiting fraud i call 'fractional reserve deposit creation' while most of the goddamned republicrat fools here and everywhere have some vague and incorrect notion that 'government prints the money'...these stinky squirmy dildoes are more accurately described as 'monetary ignoramuses,' 'monetary hallucinators,' just plain old idiots, etc..dig yet?..
12 Nov 2017 9:39 am
...'out of thin air' is probably not be the best way to explain the hideou$ reality: ...here's a better way to paint the picture: 'private banksters profiting wildly from legalized counterfeiting $chemes, etc. riskless profit $chemes galore', [at the DIRECT expen$e to us slaves who aren't allowed, for only one example, to acquire interest-bearing bond$ through/with 'legalized counterfeit'] ...Dantev2 » 08 Nov 2017 10:21 pm » wrote:
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.
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.
...btw, DANTE, you seem to [somewhat] understand that 'our' 'money' is created/controlled by PRIVATE banksters...but i've never seen you express any disgust about this mon$ter privilege/injustice..[please post your best writing/thinking about thi$ abomination if i'm wrong]...
...also, if you do find private control over the issuance of 'money' tolerable, would you also favor private legislatures and courts?..[hint for radio/teevee republicrats: your stinking legislatures and courts are already 'private', DEFACTO]
...i know, i know...you goddamned fools have more important things about which to work your holes...after all, there's a very important new sex scandal and a new poll which need your undivided attention...
We say in our platform that we believe that the right to coin money and issue money is a function of government. We believe it. We believe it is a part of sovereignty and can no more with safety be delegated to private individuals than can the power to make penal statutes or levy laws for taxation.
13 Nov 2017 11:32 am
To quote a female country western comedian, "My goodness gracious land sakes alive!" I can't remember her name but she wore a wide brimmed hat with the price tag hanging from it.
I find myself in agreement with you!!!
13 Nov 2017 12:34 pm
That was Minnie Pearl!Sgt Bilko » 13 Nov 2017 11:32 am » wrote: To quote a female country western comedian, "My goodness gracious land sakes alive!" I can't remember her name but she wore a wide brimmed hat with the price tag hanging from it.
I find myself in agreement with you!!!
13 Nov 2017 1:12 pm
Thank you!! I have a bad memory for names. When I was in Field Service I kept a book with the names, addresses, and phone numbers for all of my customers. When I went to a site I refreshed my memory with that book. I kept it updated all the time. Had to copy it over a couple of times to get it in order correctly. Now days my smart phone would do that. At the time cell phones were a 3X5X10 inch box. To use them you had to be in a big city. They were useless on the road.indago » 13 Nov 2017 12:34 pm » wrote: That was Minnie Pearl!
14 Nov 2017 11:23 am
...indago, this info you put up is sh!t...not once does this babbler clearly say that most money is created by PRIVATE COMMERCIAL BANKS/BANKSTERS...not 'the central bank' per se...[there are thousands of private commercial banks where money is created 'out of thin air']:...
"Money Emission out of the Void
This again is a very simplified scheme for the issuing of money by conventional central banks. The central or issuing banks are the only ones which are licensed to print money bills and put it in circulation. They create money out of the void and lend it out as credit in exchange for bonds or other valuables which can be redeemed with the respective amount of money. In former times the issued money was backed by gold ingots which the central bank bought and deposited in its safe. These gold ingots could be redeemed on demand by returning the issued paper notes. Since gold has a rather low utility value and the storing in private safes is not very attractive either - it doesn't earn interest there -, the demand for gold ingots was next to nul." [end bad info from indago link]
...here's some better info for republicrat monetary newbies: https://agoodhuman.wordpress.com/2009/0 ... s-created/
"Economy #1: How Money is Created
This is the first post in my World-Changing Wednesday series. Tune is each Wednesday to read my thoughts on an issue which I think will have a huge impact on how we live our lives in the years to come.
This week, I’m going to talk about how money is created. If you are anything like me, you’ve probably never even given this topic a second thought. In hindsight, this attitude might have been a little crazy given that most of us live our lives in pursuit of money. In our culture we’ve been taught that money buys us happiness. Without consciously choosing to do so, we’ll seek riches as a means of fulfillment and in the process we’ll put the earning of money above all other pursuits. However once you understand the nature of money, you may think twice about its relative value.
Where does money come from?
Most people imagine that the government makes money. Indeed the coins and paper we usually consider to be money are produced by a government agency known as the mint, but the vast majority is created by private corporations known as banks.
Most of us probably think that banks lend out money that they have on deposit from peoples’ savings, but this is not the case. The banks simply create money out of thin air, based on the borrower’s promise to pay. The borrower agrees to pay back the money loaned to them, plus interest and if they don’t they will forfeit their collateral (i.e. car or home).
So, for that big commitment made by the borrower, you’d think there would have to be some sort of large commitment on the banks behalf, wouldn’t you? In fact, all the bank needs to do in this exchange is to conjure out of thin air, the amount of the loan and write it into the borrowers account. So you’re now thinking, ‘Surely this can’t be true?’ But it is.
Money is loaned into existence.
Let me try to explain. If it takes you a couple of reads to get this, don’t worry. I’ve been there. It’s actually a pretty simple process, but it is difficult to accept. The following explanation applies to the process in the USA, but the system is similar in all industrialised nations..."
...[LOOOOOOOOOOONG PAST TIME TO WAKE UP, REPUBLICRATS!]
15 Nov 2017 2:59 am
Your post is living up to your name. Just a bunch of piss.peepee » 14 Nov 2017 11:23 am » wrote: ...indago, this info you put up is sh!t...not once does this babbler clearly say that most money is created by PRIVATE COMMERCIAL BANKS/BANKSTERS...not 'the central bank' per se...[there are thousands of private commercial banks where money is created 'out of thin air']:...
"Money Emission out of the Void
This again is a very simplified scheme for the issuing of money by conventional central banks. The central or issuing banks are the only ones which are licensed to print money bills and put it in circulation. They create money out of the void and lend it out as credit in exchange for bonds or other valuables which can be redeemed with the respective amount of money. In former times the issued money was backed by gold ingots which the central bank bought and deposited in its safe. These gold ingots could be redeemed on demand by returning the issued paper notes. Since gold has a rather low utility value and the storing in private safes is not very attractive either - it doesn't earn interest there -, the demand for gold ingots was next to nul." [end bad info from indago link]
...here's some better info for republicrat monetary newbies: https://agoodhuman.wordpress.com/2009/0 ... s-created/
"Economy #1: How Money is Created
This is the first post in my World-Changing Wednesday series. Tune is each Wednesday to read my thoughts on an issue which I think will have a huge impact on how we live our lives in the years to come.
This week, I’m going to talk about how money is created. If you are anything like me, you’ve probably never even given this topic a second thought. In hindsight, this attitude might have been a little crazy given that most of us live our lives in pursuit of money. In our culture we’ve been taught that money buys us happiness. Without consciously choosing to do so, we’ll seek riches as a means of fulfillment and in the process we’ll put the earning of money above all other pursuits. However once you understand the nature of money, you may think twice about its relative value.
Where does money come from?
Most people imagine that the government makes money. Indeed the coins and paper we usually consider to be money are produced by a government agency known as the mint, but the vast majority is created by private corporations known as banks.
Most of us probably think that banks lend out money that they have on deposit from peoples’ savings, but this is not the case. The banks simply create money out of thin air, based on the borrower’s promise to pay. The borrower agrees to pay back the money loaned to them, plus interest and if they don’t they will forfeit their collateral (i.e. car or home).
So, for that big commitment made by the borrower, you’d think there would have to be some sort of large commitment on the banks behalf, wouldn’t you? In fact, all the bank needs to do in this exchange is to conjure out of thin air, the amount of the loan and write it into the borrowers account. So you’re now thinking, ‘Surely this can’t be true?’ But it is.
Money is loaned into existence.
Let me try to explain. If it takes you a couple of reads to get this, don’t worry. I’ve been there. It’s actually a pretty simple process, but it is difficult to accept. The following explanation applies to the process in the USA, but the system is similar in all industrialised nations..."
...[LOOOOOOOOOOONG PAST TIME TO WAKE UP, REPUBLICRATS!]
15 Nov 2017 3:30 am
It wasn't meant to. It was meant to show the basis of transaction, and a transactional medium...peepee » 14 Nov 2017 11:23 am » wrote: ...indago, this info you put up is sh!t...not once does this babbler clearly say that most money is created by PRIVATE COMMERCIAL BANKS/BANKSTERS...
15 Nov 2017 6:12 am
Why did the Terrorists in Bengazi, after killing Ghadaffi, have as their #1 Priority, the setting up of a new PRIVATE Central Bank. Yes that's right. These Murdering Tribesmen from the desert where calling for a new, PRIVATE Central Bank... unbelievably transparent. - “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.” - http://www.globalresearch.ca/libya-all- ... 06?print=1
15 Nov 2017 6:28 am
***The Libyan PRIVATE Central Bank of Terrorist Banksters*** - "A provocative bit of data circulating on the Net is a 2007 “Democracy Now” interview of U.S. General Wesley Clark (Ret.). In it he says that about 10 days after September 11, 2001, he was told by a general that the decision had been made to go to war with Iraq. Clark was surprised and asked why. “I don’t know!” was the response. “I guess they don’t know what else to do!” Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran.
What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.
The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgen Jr., writing on Examiner.com, noted that “ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept Euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.”
According to a Russian article titled “Bombing of Lybia – Punishment for Ghaddafi for His Attempt to Refuse US Dollar,” Gadaffi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gadaffi suggested establishing a united African continent, with its 200 million people using this single currency. During the past year, the idea was approved by many Arab countries and most African countries. The only opponents were the Republic of South Africa and the head of the League of Arab States. The initiative was viewed negatively by the USA and the European Union, with French president Nicolas Sarkozy calling Libya a threat to the financial security of mankind; but Gaddafi was not swayed and continued his push for the creation of a united Africa.
And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:
One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned. . . . Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
Libya not only has oil. According to the IMF, its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS, the IMF and their rules?" Great Article by Ellen Brown around the time this was going on - https://www.globalresearch.ca/libya-all ... king/24306
What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.
The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgen Jr., writing on Examiner.com, noted that “ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept Euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.”
According to a Russian article titled “Bombing of Lybia – Punishment for Ghaddafi for His Attempt to Refuse US Dollar,” Gadaffi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gadaffi suggested establishing a united African continent, with its 200 million people using this single currency. During the past year, the idea was approved by many Arab countries and most African countries. The only opponents were the Republic of South Africa and the head of the League of Arab States. The initiative was viewed negatively by the USA and the European Union, with French president Nicolas Sarkozy calling Libya a threat to the financial security of mankind; but Gaddafi was not swayed and continued his push for the creation of a united Africa.
And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:
One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned. . . . Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
Libya not only has oil. According to the IMF, its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS, the IMF and their rules?" Great Article by Ellen Brown around the time this was going on - https://www.globalresearch.ca/libya-all ... king/24306
15 Nov 2017 11:45 pm
Here is a WAG. It's about money.ingo » 15 Nov 2017 6:12 am » wrote:Why did the Terrorists in Bengazi, after killing Ghadaffi, have as their #1 Priority, the setting up of a new PRIVATE Central Bank. Yes that's right. These Murdering Tribesmen from the desert where calling for a new, PRIVATE Central Bank... unbelievably transparent. - “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.” - http://www.globalresearch.ca/libya-all- ... 06?print=1
15 Nov 2017 11:56 pm
I commiserate with you! I know what its like to be a useless, old man!Sgt Bilko » 13 Nov 2017 1:12 pm » wrote: Thank you!! I have a bad memory for names. When I was in Field Service I kept a book with the names, addresses, and phone numbers for all of my customers. When I went to a site I refreshed my memory with that book. I kept it updated all the time. Had to copy it over a couple of times to get it in order correctly. Now days my smart phone would do that. At the time cell phones were a 3X5X10 inch box. To use them you had to be in a big city. They were useless on the road.
Tossed by a heartless, cruel society upon the trashheap!
We should do society a favor, and just pull the plug! You go first, I want to watch you go! heheh
16 Nov 2017 12:08 am
Every time I put my 44 magnum to my head I think about the mess and can't pull the trigger!!!nuckin futz » 15 Nov 2017 11:56 pm » wrote: I commiserate with you! I know what its like to be a useless, old man!
Tossed by a heartless, cruel society upon the trashheap!
We should do society a favor, and just pull the plug! You go first, I want to watch you go! heheh
16 Nov 2017 12:21 am
I know what you mean! That's why I sold my .38 Geezer Snuffer!Sgt Bilko » 16 Nov 2017 12:08 am » wrote: Every time I put my 44 magnum to my head I think about the mess and can't pull the trigger!!!
There is no mess if you just tie a plastic bag over your head! Its neat, clean. Carbon dioxide will kill you!
Its also a cure for ugliness!
16 Nov 2017 8:29 am
Pissing up a rope again are you.peepee » 14 Nov 2017 11:23 am » wrote: ...indago, this info you put up is sh!t...not once does this babbler clearly say that most money is created by PRIVATE COMMERCIAL BANKS/BANKSTERS...not 'the central bank' per se...[there are thousands of private commercial banks where money is created 'out of thin air']:...
"Money Emission out of the Void
This again is a very simplified scheme for the issuing of money by conventional central banks. The central or issuing banks are the only ones which are licensed to print money bills and put it in circulation. They create money out of the void and lend it out as credit in exchange for bonds or other valuables which can be redeemed with the respective amount of money. In former times the issued money was backed by gold ingots which the central bank bought and deposited in its safe. These gold ingots could be redeemed on demand by returning the issued paper notes. Since gold has a rather low utility value and the storing in private safes is not very attractive either - it doesn't earn interest there -, the demand for gold ingots was next to nul." [end bad info from indago link]
...here's some better info for republicrat monetary newbies: https://agoodhuman.wordpress.com/2009/0 ... s-created/
"Economy #1: How Money is Created
This is the first post in my World-Changing Wednesday series. Tune is each Wednesday to read my thoughts on an issue which I think will have a huge impact on how we live our lives in the years to come.
This week, I’m going to talk about how money is created. If you are anything like me, you’ve probably never even given this topic a second thought. In hindsight, this attitude might have been a little crazy given that most of us live our lives in pursuit of money. In our culture we’ve been taught that money buys us happiness. Without consciously choosing to do so, we’ll seek riches as a means of fulfillment and in the process we’ll put the earning of money above all other pursuits. However once you understand the nature of money, you may think twice about its relative value.
Where does money come from?
Most people imagine that the government makes money. Indeed the coins and paper we usually consider to be money are produced by a government agency known as the mint, but the vast majority is created by private corporations known as banks.
Most of us probably think that banks lend out money that they have on deposit from peoples’ savings, but this is not the case. The banks simply create money out of thin air, based on the borrower’s promise to pay. The borrower agrees to pay back the money loaned to them, plus interest and if they don’t they will forfeit their collateral (i.e. car or home).
So, for that big commitment made by the borrower, you’d think there would have to be some sort of large commitment on the banks behalf, wouldn’t you? In fact, all the bank needs to do in this exchange is to conjure out of thin air, the amount of the loan and write it into the borrowers account. So you’re now thinking, ‘Surely this can’t be true?’ But it is.
Money is loaned into existence.
Let me try to explain. If it takes you a couple of reads to get this, don’t worry. I’ve been there. It’s actually a pretty simple process, but it is difficult to accept. The following explanation applies to the process in the USA, but the system is similar in all industrialised nations..."
...[LOOOOOOOOOOONG PAST TIME TO WAKE UP, REPUBLICRATS!]
17 Nov 2017 2:15 am
I have included a link to THE MONEY MASTERS by Bill Still. When I found this I thought it was the clearest way yet that anyone can watch and learn about the Biggest Crime of the last Millennium.... We are "Their" Debt Slaves. Find out who our real Masters are... https://www.youtube.com/watch?v=HBk5XV1ExoQ 
can
can
17 Nov 2017 5:05 am
Wow. John Wilkes Booth assassinated Lincoln over money shouting "sic semper tyrannis".ingo » 17 Nov 2017 2:15 am » wrote:I have included a link to THE MONEY MASTERS by Bill Still. When I found this I thought it was the clearest way yet that anyone can watch and learn about the Biggest Crime of the last Millennium.... We are "Their" Debt Slaves. Find out who our real Masters are... https://www.youtube.com/watch?v=HBk5XV1ExoQ
can
You are Looney Tunes. You need to get a reality check.
17 Nov 2017 5:18 am
There are all kinds of conspiracy theories about everything out there and you fell for one of them. The internet is filled with garbage like this. You need to learn how to seperate the wheat from the chaff. This was pure bunkum.
17 Nov 2017 7:32 am
Don't tell me you're one of the Money Surrealists here with their Ludwigisms & Luddite "Steadfastness"...Sgt Bilko » 17 Nov 2017 5:18 am » wrote:There are all kinds of conspiracy theories about everything out there and you fell for one of them. The internet is filled with garbage like this. You need to learn how to seperate the wheat from the chaff. This was pure bunkum.
17 Nov 2017 8:09 am
Barrel tip at midriff, point up into chest cavity toward heart.Sgt Bilko » 16 Nov 2017 12:08 am » wrote: Every time I put my 44 magnum to my head I think about the mess and can't pull the trigger!!!
result:
Blown up heart instantly stops pumping, less mess, open casket funeral.
hope this helps.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.
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