GOOD NEWS: Millions withdrawn from BOA, and Wells fargo
12 posts
• Page 2 of 2 • 1, 2
Please Check Fiat Currency:
http://en.wikipedia.org/wiki/Fiat_money & http://www.investopedia.com/terms/f/fiatmoney.as
Fractional Lending (before and after Glass Steagall Acts, Specifically 1:9 and 1:1000 ratio) : http://en.wikipedia.org/wiki/Fractional_reserve_banking
http://www.investopedia.com/terms/f/fra ... anking.asp
Glass Steagall Act:
http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act
http://www.investopedia.com/terms/g/gla ... ll_act.asp ,
Compound Interest:
http://en.wikipedia.org/wiki/Compound_interest
http://www.investopedia.com/terms/c/com ... terest.asp
Here's my take in simple English! The money you and I are paid isn't worth the paper it's printed on as it's not backed by silver or gold. What gold our countries collectively had has been stolen. When you deposit your check and say for easy math you put $1,000 iyour Savings the bank during Glass Steagall loaned on a 1:9 ratio meaning that for every $1,000 in deposits they can loan nine (9) times that much. So, they create money out of thin air and loan it out at what ever percent. When you miss a payment then the compound interest goes up even more.
However, This interest rates goes up on money that was created out of the deposit you made! Crash What System Otoel?!!!!! A system that has lied to us all of our lives in that the money we carried is worth something? Wait until people pulls their heads out of their asses and figure out that the silver/gold you buy online isn't real. It is digital. Treasury bonds are Paper, When the Dollar tanks your stocks/bonds, 401K, IRA, and retirement plan will all be gone as they are all digital!
Here it is down and dirty! The next time you go to defecate (take a crap) hold the toilet paper in your right hand Imagine or hold real dollars in the other and ask yourself this "What is the Difference?" After much reflection you should come to the conclusion that "The Toilet paper is backed by Shit! While the currency is backed by nothing.
@Otoel Brother pleases watch the following video:
http://www.youtube.com/watch?v=Y1nbZCND ... re=related
http://en.wikipedia.org/wiki/Fiat_money & http://www.investopedia.com/terms/f/fiatmoney.as
Fractional Lending (before and after Glass Steagall Acts, Specifically 1:9 and 1:1000 ratio) : http://en.wikipedia.org/wiki/Fractional_reserve_banking
http://www.investopedia.com/terms/f/fra ... anking.asp
Glass Steagall Act:
http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act
http://www.investopedia.com/terms/g/gla ... ll_act.asp ,
Compound Interest:
http://en.wikipedia.org/wiki/Compound_interest
http://www.investopedia.com/terms/c/com ... terest.asp
Here's my take in simple English! The money you and I are paid isn't worth the paper it's printed on as it's not backed by silver or gold. What gold our countries collectively had has been stolen. When you deposit your check and say for easy math you put $1,000 iyour Savings the bank during Glass Steagall loaned on a 1:9 ratio meaning that for every $1,000 in deposits they can loan nine (9) times that much. So, they create money out of thin air and loan it out at what ever percent. When you miss a payment then the compound interest goes up even more.
However, This interest rates goes up on money that was created out of the deposit you made! Crash What System Otoel?!!!!! A system that has lied to us all of our lives in that the money we carried is worth something? Wait until people pulls their heads out of their asses and figure out that the silver/gold you buy online isn't real. It is digital. Treasury bonds are Paper, When the Dollar tanks your stocks/bonds, 401K, IRA, and retirement plan will all be gone as they are all digital!
Here it is down and dirty! The next time you go to defecate (take a crap) hold the toilet paper in your right hand Imagine or hold real dollars in the other and ask yourself this "What is the Difference?" After much reflection you should come to the conclusion that "The Toilet paper is backed by Shit! While the currency is backed by nothing.
@Otoel Brother pleases watch the following video:
http://www.youtube.com/watch?v=Y1nbZCND ... re=related
silver and gold is only worth what a person is willing to pay for it. Its another commodity to get the people hooked in. Get off the grid and commodities. The Native Indians were right you can't eat money and can't eat silver and gold.
"People are not a commodity without love they become so" from Sacred Words
"People are not a commodity without love they become so" from Sacred Words
12 posts
• Page 2 of 2 • 1, 2
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