Liberal Forum

peepee » 12 Mar 2019 6:38 am » wrote:

indago » 10 Mar 2019 11:48 pm » wrote:
OPEN WIDE, PEEPEE

myth ...that our money is 'printed'...

https://www.youtube.com/watch?v=JKYHeXxsg6g


Looks real to me...

....hillbilly boy/girl, i have asked YOU repeatedly, 'Who creates our money and how do they do it?' ....you reveal your monetary ignorance by pasting a 'printing press meme'...don't feel bad, every one of your fellow republicrat fools are burdened by the same ignorance you display...

...hint for republicrat hillbillies: ...only a small portion of US money is the little green rectangles and the process of money creation is DOMINATED by PRIVATE ?foreign banksters merely entering digits into electronic accounts/ledgers, not 'the government' 'printing money' like you republicrat-level hillbillies imagine...]

https://money.howstuffworks.com/currency6.htm

"People are earning and spending money without ever touching it. In fact, economists estimate that only 8 percent of the world's currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world."

peepee » 13 Mar 2019 8:03 am » wrote:

....hillbilly boy/girl, i have asked YOU repeatedly, 'Who creates our money and how do they do it?' ....you reveal your monetary ignorance by pasting a 'printing press meme'...don't feel bad, every one of your fellow republicrat fools are burdened by the same ignorance you display...

...hint for republicrat hillbillies: ...only a small portion of US money is the little green rectangles and the process of money creation is DOMINATED by private banksters creating electronic digits, not 'the government' 'printing money' like you hillbillies imagine...]

https://money.howstuffworks.com/currency6.htm

"People are earning and spending money without ever touching it. In fact, economists estimate that only 8 percent of the world's currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world."

You wrote that it is a myth that our money is printed, and yet, there it is: the machinery printing our money. How do you explain that?

peepee » 13 Mar 2019 8:03 am » wrote:"People are earning and spending money without ever touching it. In fact, economists estimate that only 8 percent of the world's currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world."

There you're quoting a notation about "money", when, in actuality, what is being considered is CREDIT.

indago » 13 Mar 2019 8:06 am » wrote:You wrote that it is a myth that our money is printed, and yet, there it is: the machinery printing our money. How do you explain that?

...please use MY words, not your republicrat-level interpretations...this is what i wrote, hillbilly boy/girl:

"...this is an excellent example of maybe the most important and destructive myth held by you hillbilly republicrats: ...that our money is 'printed' and that 'the government' ('public') does the printing/creating...

...in reality [a place not known to the hillbilly boy republicrats] most of 'our' money 'exists' as mere digits created by PRIVATE ?foreign banksters...

...and if/when you gd republicrat fools ever figure this out, then, and only then, can we move towards a decent, intelligent, egalitarian society"...

indago » 13 Mar 2019 8:12 am » wrote:
There you're quoting a notation about "money", when, in actuality, what is being considered is CREDIT.

...please explain the important difference(s) between 'money' and 'credit', republicrat....

peepee » 13 Mar 2019 8:14 am » wrote:

indago » 13 Mar 2019 8:06 am » wrote:You wrote that it is a myth that our money is printed, and yet, there it is: the machinery printing our money. How do you explain that?

...please use MY words, not your republicrat-level interpretations...this is what i wrote, hillbilly boy/girl:

"...this is an excellent example of maybe the most important and destructive myth held by you hillbilly republicrats: ...that our money is 'printed' and that 'the government' ('public') does the printing/creating...

...in reality [a place not known to the hillbilly boy republicrats] most of 'our' money 'exists' as mere digits created by PRIVATE ?foreign banksters...

...and if/when you gd republicrat fools ever figure this out, then, and only then, can we move towards a decent, intelligent, egalitarian society"...

Then, you are denying that what you were presenting was that money printing is a myth?

peepee » 13 Mar 2019 8:21 am » wrote:

indago » 13 Mar 2019 8:12 am » wrote:
There you're quoting a notation about "money", when, in actuality, what is being considered is CREDIT.

...please explain the important difference(s) between 'money' and 'credit', republicrat....

You KNOW what the difference is: In the United States, actual Constitutional "money" is gold and silver coin. The printed paper is a representation used to facilitate trade. Credits are tendered by a business to other businesses or individuals as entries on a ledger, or digits in cyberspace on a computer.

indago » 13 Mar 2019 8:22 am » wrote:Then, you are denying that what you were presenting was that money printing is a myth?

...i am stating that your 'understandings' are LARGELY incomplete and worthless myths, hillbilly boy/girl!..

....and stfu about the constitution [dead letter]...learn the difference between 'de jure' [opinion] and 'de facto' [reality], you quibbling fool...

peepee » 13 Mar 2019 8:37 am » wrote:

indago » 13 Mar 2019 8:22 am » wrote:Then, you are denying that what you were presenting was that money printing is a myth?

...i am stating that your 'understandings' are LARGELY incomplete and worthless myths, hillbilly boy/girl!..

Was that a YES or a NO to the query?

indago » 13 Mar 2019 8:30 am » wrote:In the United States, actual Constitutional "money" is gold and silver coin.

....then how come when i asked YOU how our money was created YOU didn't show a meme of gold/silver coins being created...instead YOU presented the little green rectangle meme, you phony hypocrite!...

peepee » 13 Mar 2019 8:52 am » wrote:

indago » 13 Mar 2019 8:30 am » wrote:In the United States, actual Constitutional "money" is gold and silver coin.

....then how come when i asked YOU how our money was created YOU didn't show a meme of gold/silver coins being created...instead YOU presented the little green rectangle meme, you phony hypocrite!...

You didn't ask me HERE "how our money was created"!

....dantev2 recently started a remarkable thread on 'money' titled, 'classical economics': https://liberalforum.net/viewtopic.php?f=3&t=41156&u=0&start=40...

....there is some comic relief here too as squirmy quadruples down on stooooooopid claiming banks don't create the money they lend, 'they simply lend the money from existing deposits'...

...hillbilly indago, who stoooooooopidly believes 'the government prints the money' also provides some knee-slappin' hillbilly humor...the carrot-top of hillbilly humor!...

peepee » 26 Mar 2019 10:28 pm » wrote:....dantev2 recently started a remarkable thread on 'money' titled, 'classical economics': https://liberalforum.net/viewtopic.php?f=3&t=41156&u=0&start=40...

....there is some comic relief here too as squirmy quadruples down on stooooooopid claiming banks don't create the money they lend, 'they simply lend the money from existing deposits'...

...hillbilly indago, who stoooooooopidly believes 'the government prints the money' also provides some knee-slappin' hillbilly humor...the carrot-top of hillbilly humor!...

"The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank ..."

...no matter how much you squirm, hillbilly, your foolish republicrat-level notion that 'the government prints the money' displays a horrible ignorance as to 'who creates our money and how do they do it?' ...read some steve zarlenga, bill still, ellen brown, merrill jenkins, jerry voorhis, etc. so that you won't always promulgate your hillbilly fanta$ie$!...

...even wikipedia gets it...and so can you if shut your hole long enough to do some reading, thinking...

https://en.wikipedia.org/wiki/Money_creation


The central bank, or other competent, state authorities (such as the Treasury), are typically empowered to create new, physical currency, i.e. paper notes and coins, in order to meet the needs of commercial banks for cash withdrawals, and to replace worn and/or destroyed currency.[28] The process does not increase the money supply, as such; the term "printing [new] money" is considered a misnomer.[1]
In modern economies, relatively little of the supply of broad money is in physical currency. [note 16]

peepee » 27 Mar 2019 6:43 am » wrote:...no matter how much you squirm, hillbilly, your foolish republicrat-level notion that 'the government prints the money' displays a horrible ignorance as to 'who creates our money and how do they do it?' ...read some steve zarlenga, bill still, ellen brown, merrill jenkins, jerry voorhis, etc. so that you won't always promulgate your hillbilly fanta$ie$!...

...even wikipedia gets it...and so can you if shut your hole long enough to do some reading, thinking...

https://en.wikipedia.org/wiki/Money_creation

The central bank, or other competent, state authorities (such as the Treasury), are typically empowered to create new, physical currency, i.e. paper notes and coins, in order to meet the needs of commercial banks for cash withdrawals, and to replace worn and/or destroyed currency.[28] The process does not increase the money supply, as such; the term "printing [new] money" is considered a misnomer.[1]
In modern economies, relatively little of the supply of broad money is in physical currency. [note 16]

"relatively little of the supply of broad money is in physical currency"

POSTED

peepee » 05 Nov 2017 11:57 pm » wrote:...btw, as private dildo has reminded us, there will be a whole lot of stoooooooooooopid **** monetary ignoramus radio republicans with NOTHING of value to add to thi$ $ubject who will try to derail this thread...monetary realists will know these stooooooooooooooopid ****---like private dildo, et al--- by their vapid, know-nothing posts like post #2!...

"peepee on other people's money"

roadkill » 27 Mar 2019 7:31 am » wrote:"peepee on other people's money"

...yes, most money is not mine or yours, you republican fool...

...again, when you can answer, 'who creates our money and how do they do it?' you won't always come across as a republicrat dullard..a stoopid ****...you offer nothing of value in a discussion about 'the money' except the example of the republicrat monetary ignoramus...thanks for the readership!...

...here's someone who, unlike toadstool and hillbilly, et al, under$tand$:

http://www.webofdebt.com/


EXPLODING THE MYTHS ABOUT MONEY
Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by private money lenders. Thomas Jefferson called them �bold and bankrupt adventurers just pretending to have money.� Except for coins, all of our money is now created as loans advanced by private banking institutions � including the privately-ownedFederal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices � and robbing you of the value of your money.
Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today.
Web of Debt unravels the deceptions in our money scheme and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book.

....i sense a lot of goddamned fool republican monetary ignoramuses are applauding trump's choice for the [not] federal [no] reserve... ...squirmy, p. dildy, dweebzer, scary larry, vague-***, ceduh, neo-corn, snarky mark, **** creek, goofboy, jism gulp, independspants, hillbilly boy, roadrash, the ****, etc. republican-radio-level numbskulls galore, are all happy with trump's latest bankster-puppet hopeful...KASAAA: keep america $tooooooooooopid again and again...

https://www.youtube.com/watch?v=hGeC44jjOgs

peepee » 10 Apr 2019 9:32 am » wrote:....i sense a lot of goddamned fool republican monetary ignoramuses are applauding trump's choice for the [not] federal [no] reserve... ...squirmy, p. dildy, dweebzer, scary larry, vague-***, ceduh, neo-corn, snarky mark, **** creek, goofboy, jism gulp, independspants, hillbilly boy, roadrash, the ****, etc. republican-radio-level numbskulls galore, are all happy with trump's latest bankster-puppet hopeful...KASAAA: keep america $tooooooooooopid again and again...

https://www.youtube.com/watch?v=hGeC44jjOgs

Sup, peepee. We've missed you. I just thought I'd say hello and... uh... see if you would be a pal and throw one of those most excellent insults my way. I mean... if you're not to busy and all. : )