money

John99's picture
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Is anyone else worried about a Global Currency?

We have had China, Russia, some of the EU countries, and now the United Nations calling for a 1 world currency.

http://online.wsj.com/article/BT-CO-20090908-704507.html

Chris said in the seminar, 'money is a call on labor'.

Our fiat currencies are not born out of labor like gold and silver, but something magical and mythical created out of thin air and issued as debt. This is usury. Money issued as debt creates slavery.

cannotaffordit's picture
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A Fine Realization

I just had a fine realization.

I was balancing my bank statement, and realized that I am carrying approximately $12,000 more in my checking account than I really need each month. (Pretty stupid, I admit)   So, I got out my ole calculator, and began figuring what that is worth to the banks, as far as loans, using their fractional reserve system.  The results were staggering.

I, effectively, give them $12,000 of my money.  For that, they pay me approximately $120 over a full year.

John99's picture
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We can end the false banking system - It only needs a few of us!!!!

 

We are waking up to all this evil, control, and manipulation. People are getting angry, but there seems to be few solutions.

I think there is a way to end the evil, and it's easy to do; it's perfectly legal; it's peaceful in nature, and is something we all can manage with little stress or expense.

machinehead's picture
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More Stupid Lies From the 'Saddam's WMDs' Newspaper

Last week, the New York Times told us that Peak Oil is a 'waste of enegy.' This week, the Times goes one better by bloviating on behalf of faith-based currency, which derives its value from a sovereign guarantee. Watch and giggle as this highly-educated fool of a professor chases his own hairless tail:

Thomas Hedin's picture
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If the problem is too much money.....

I keep seeing all these people saying that the problem is that they just print to much money, and it makes all the other money just worthless without addressing the fact that 100% of our money comes into exsistance as an interest bearing loan.  They also skip by the fact that as the debt increases so does the interest load(generally, it does depend on the interest rates).  As the debt grows so does the interest load, and the tax load to service the debt on the government debts, and with the increase in the interest load and tax load the cost of business increases(price inflation).

investorzzo's picture
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Looming crises golden exits

The consequences of the degradation of money over time are now with us; and because the loss of value was gradual, it went largely unnoticed, much as an undetected cancer grows surreptitiously until it is too late. What is happening now took decades to develop and its resolution is not over.

Thomas Hedin's picture
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Money 101.

It's an old packet I used to use, and is outdated as it reffers to the old Minnesota Transportation Act.

I should put together a new one but I think some people may still find this interesting.

Ya'll let me know what ya think?

http://www.themoneytalkshow.com/media/Money101.pdf

Thomas Hedin's picture
forum

Money

The mass public have been fooled with all the talk about different kinds of money.

However, when one scrapes away all the fluff and spin, money is nothing more or less than a man made tool, a tool which should only be used to enchance fair and honest trading of goods and services more quickly and convenienty than could be done without using that tool.  Money like all tools can be used for good purposes or for evil purposes.  Money can be a tool for an honest medium of exchange or for an evil tool for theft by deception as it is now.

investorzzo's picture
forum

The Case Against the Fed

This is long. But there is no more important story to tell..........