These are the times that try men's souls

AssHatZombie said:
A marxist form of government is not defined by an opposition to fiat currency totalitarianism.

threedee can't handly my truth, that's why he's a pussy bitch trashtalker, btw.
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Just the same, He's got some great tits. And that alone makes threedee an icon. How can you live with yourself.
 
Uva said:

Most people mistakenly think that the Federal Reserve is a government bank. If it were, then all the interest it earns would be ploughed back into the American system, hence the national debt would be zero. That is, the Americans would only owe the interest to themselves. However, the interest is collected by individuals and groups. Those who own the Federal Reserve Bank collect the interest for themselves, and make themselves extremely wealthy at the expense of American taxpayers.

The Federal Reserve charges interest on every dollar in existence, whether paper or otherwise. The owners rake off this interest. Many banks have failed, are failing or will soon fail in America. They are failing because the Federal Reserve has become so greedy that banks can barely operate in the environment. The Federal Reserve takes almost all the profits from the banking industry and only provides scraps to its subservient banks.
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WTF, are you talking about?

The interest the Federal Reserve earns IS paid back, except for a small fraction that covers it's operational costs. The bank is not private. It does have autonomy, maybe too much.

Those two I have heard before. But the next two???

It does not charge interest on all dollars in circulation. Where did you get that idea???

And, no the banking industry is not getting ripped off. They are the primary beneficiaries of the Federal Reserve System.

BTW, most of the debt owed is to Americans (ss owns a lot of it).

That all said, fiat money still sucks. The Federal Reserve and the banking industry ARE the source of the business cycle. It is not just some natural thing. The banks and the Federal Reserve together blow the bubbles, primarily through the fractional reserve system.

I am not sure if you are troll (fing with nAHZi) or just another conspiracy nut that does not really understand the dangers of fiat money and the banking system.
 
RStringfield said:
WTF, are you talking about?

The interest the Federal Reserve earns IS paid back, except for a small fraction that covers it's operational costs. The bank is not private. It does have autonomy, maybe too much.

Those two I have heard before. But the next two???

It does not charge interest on all dollars in circulation. Where did you get that idea???

And, no the banking industry is not getting ripped off. They are the primary beneficiaries of the Federal Reserve System.

BTW, most of the debt owed is to Americans (ss owns a lot of it).

That all said, fiat money still sucks. The Federal Reserve and the banking industry ARE the source of the business cycle. It is not just some natural thing. The banks and the Federal Reserve together blow the bubbles, primarily through the fractional reserve system.

I am not sure if you are troll (fing with nAHZi) or just another conspiracy nut that does not really understand the dangers of fiat money and the banking system.
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The fed is controlled by shareholders in the private regional fed banks. Those are fully privately owned banks. It's a fascist entity.

Im glad you do understand the totalitarianism of fiat money though.

The good news is that your monkey ass may be educable.:cool:


"gaggle of dogs" <-- omg. you would say that. you = moron.
 
AssHatZombie said:
The fed is controlled by shareholders in the private regional fed banks. Those are fully privately owned banks. It's a fascist entity.
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They are not shares, not like shares in Microsoft anyway.

AssHatZombie said:
Im glad you do understand the totalitarianism of fiat money though.

The good news is that your monkey ass may be educable.:cool:


"gaggle of dogs" <-- omg. you would say that. you = moron.
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But you do not. All you and idiots like you do is make the criticisms of the banking system seem like one of your "fucked in the head" conspiracy theories. If I were given to conspiracy theories, I would claim that you are part of a false flag operation. Sometimes, I wonder.
 
Threedee said:
Technology cannot proceed without fiat currency soundness and sanity. Take note, the the industrial revolution and high technology only came about in an age of fiat currency.

You understand nothing, period.
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What are you talking about? The industrial revolution started, proceeded and pretty much ran its course without a national bank, the Federal Reserve or fiat money. The computer revolution started before we completely divorced money from gold, in the 70s. Neither of them are the least bit dependent on fiat currency.
 
RStringfield said:
They are not shares, not like shares in Microsoft anyway.



But you do not. All you and idiots like you do is make the criticisms of the banking system seem like one of your "fucked in the head" conspiracy theories. If I were given to conspiracy theories, I would claim that you are part of a false flag operation. Sometimes, I wonder.
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It doesn't matter if it's "shares" its control of governmental monetary policy.

Probably the highest density of last names if you pull a list of all ownwers of the regional federal reserve banks. COMPLETELY PRIVATE BANKS. mind you. they effectively control the decision making fedeal reserve board.
 
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AssHatZombie said:
It doesn't matter if it's "shares" its control of governmental monetary policy.
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It matters to the insane conspiracy horse shit that it's private. It is very independent of congress or the government, without a doubt. Frankly, that's probably better than letting the government and the political process to control it entirely. I do think Congress needs more oversight and there needs to be more transparency in the Feds operations.

But your bat shit crazy black helicopter bs, makes the movement for that look like a bunch of nuts. I have dealt with plenty of crypto-libertarians, who believe in much of the same conspiracy bs but don't support fascism as you do. We did our best to keep them from scaring people away while trying not to offend the nuts, who at least had their hearts in the right place. But we probably should have just told the nuts to get lost, because that was nothing but a losing battle and even made it appear as if we were hiding something from the outreach targets.
 
RStringfield said:
It matters to the insane conspiracy horse shit that it's private. It is very independent of congress or the government, without a doubt. Frankly, that's probably better than letting the government and the political process to control it entirely. I do think Congress needs more oversight and there needs to be more transparency in the Feds operations.

But your bat shit crazy black helicopter bs, makes the movement for that look like a bunch of nuts. I have dealt with plenty of crypto-libertarians, who believe in much of the same conspiracy bs but don't support fascism as you do. We did our best to keep them from scaring people away while trying not to offend the nuts, who at least had their hearts in the right place. But we probably should have just told the nuts to get lost, because that was nothing but a losing battle and even made it appear as if we were hiding something from the outreach targets.
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It does matter that it's private. they will always vote to keep the oppressive fiat currency system in place, doing whatever it takes, even using the us government military industrial complex to keep their currency the controller of all transactions. Where ther e is a will, there isn't a way without the dollars used to finance our very reality. Numbers in a computer dictate reality. Control the flow of resources, who gets them, etc. Controlling elections, media, science, education in the process. this is the matrix.
 
AssHatZombie said:
It does matter that it's private. they will always vote to keep the oppressive fiat currency system in place, doing whatever it takes, even using the us government military industrial complex to keep their currency the controller of all transactions. Where ther e is a will, there isn't a way without the dollars used to finance our very reality. Numbers in a computer dictate reality. Control the flow of resources, who gets them, etc. Controlling elections, media, science, education in the process. this is the matrix.
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IT IS NOT PRIVATE. You don't understand what that means. It is quite independent of the political process, yes. It's still a government entity.

The bankers definitely exert too much control and have far too much power. It's not total control, though, and it's not some fucking sci-fi matrix bs.

Please, stfu. You should not carry the banner against the fed as all you accomplish is making people believe that the rest of the parade is as batshit crazy as you are.
 
RStringfield said:
IT IS NOT PRIVATE. You don't understand what that means. It is quite independent of the political process, yes. It's still a government entity.

The bankers definitely exert too much control and have far too much power. It's not total control, though, and it's not some fucking sci-fi matrix bs.

Please, stfu. You should not carry the banner against the fed as all you accomplish is making people believe that the rest of the parade is as batshit crazy as you are.
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It is CONTROLLED privately. It's a hybrid entity. Fascist actually.
 
RStringfield said:
What are you talking about? The industrial revolution started, proceeded and pretty much ran its course without a national bank, the Federal Reserve or fiat money. The computer revolution started before we completely divorced money from gold, in the 70s. Neither of them are the least bit dependent on fiat currency.
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I should note, for you're benefit, that Asshate considers currency in general to be fiat currency, even if there is a gold/silver standard, and even in absense of a national bank, because currency can always be manipulated by the evil Jewish bankers, and the Illuminati, of course. I understand that a proper definition of fiat currency is money fixed by a government without regard to gold/silver...
 
Threedee said:
I should note, for you're benefit, that Asshate considers currency in general to be fiat currency, even if there is a gold/silver standard, and even in absense of a national bank, because currency can always be manipulated by the evil Jewish bankers, and the Illuminati, of course. I understand that a proper definition of fiat currency is money fixed by a government without regard to gold/silver...
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Oh, I see. He does make communication difficult and does little but create noise.
 
Paper money is not the problem as much as the fractional reserve system, which is a license to create currency out of nothing. It is the cause of the business cycle as it inevitably leads to speculation, boom and busts. Before the Federal Reserve the bankers actually suffered, sometimes with their lives, if a run left them short. That at times made the contractions more severe, to some. The Federal Reserve and the move from gold backed currency insulated the bankers from the risks by making taxpayers responsible for their shortfalls.

There is no conspiracy, but it is one hell of a racket and little more than organized theft. It is also hard to explain to some people as they think it is just some sort of natural function of the market.

Rothbard explained the banking system in terms similar to a storage facility. People put their goods in and lock them away for safekeeping. Everything is fine until the caretaker comes up with a scheme to earn more revenue. Rent out the possessions which are just sitting there idle. For a while it works. Then person A comes to pick up his shoes and they are not there. So the storage facility digs up some equivalents out of person B's locker and gives them to person A. When person B comes for his shoes maybe person A's have been returned by the renter/borrower or they can find some in person C's. If not then person B is pretty much screwed. Once word gets out about the storage facility's inability to safeguard possessions, everybody comes to retrieve their goods and the storage facility is put out of business, along with the structure being burned to the ground and the lynching of the caretaker as those whose goods are still out on loan, demand justice.

Of course, during the caretakers scam there will also other distorting effects. For instance, the supply of shoes was overstated. When person B's shoes were on loan the borrower had shoes and person B, thought he had shoes. Maybe person B even took out a loan with his shoes as collateral.

Once you start doing all the possible transactions involved it quickly becomes distorting of wealth and creates a boom. Once it is realized that there was no real increase in shoes, then comes the bust.

A Jew, Rothbard, provides the most sound argument against the system, building on the economic theories of other Jews.
 
RStringfield said:
Paper money is not the problem as much as the fractional reserve system, which is a license to create currency out of nothing. It is the cause of the business cycle as it inevitably leads to speculation, boom and busts. Before the Federal Reserve the bankers actually suffered, sometimes with their lives, if a run left them short. That at times made the contractions more severe, to some. The Federal Reserve and the move from gold backed currency insulated the bankers from the risks by making taxpayers responsible for their shortfalls.

There is no conspiracy, but it is one hell of a racket and little more than organized theft. It is also hard to explain to some people as they think it is just some sort of natural function of the market.

Rothbard explained the banking system in terms similar to a storage facility. People put their goods in and lock them away for safekeeping. Everything is fine until the caretaker comes up with a scheme to earn more revenue. Rent out the possessions which are just sitting there idle. For a while it works. Then person A comes to pick up his shoes and they are not there. So the storage facility digs up some equivalents out of person B's locker and gives them to person A. When person B comes for his shoes maybe person A's have been returned by the renter/borrower or they can find some in person C's. If not then person B is pretty much screwed. Once word gets out about the storage facility's inability to safeguard possessions, everybody comes to retrieve their goods and the storage facility is put out of business, along with the structure being burned to the ground and the lynching of the caretaker as those whose goods are still out on loan, demand justice.

Of course, during the caretakers scam there will also other distorting effects. For instance, the supply of shoes was overstated. When person B's shoes were on loan the borrower had shoes and person B, thought he had shoes. Maybe person B even took out a loan with his shoes as collateral.

Once you start doing all the possible transactions involved it quickly becomes distorting of wealth and creates a boom. Once it is realized that there was no real increase in shoes, then comes the bust.

A Jew, Rothbard, provides the most sound argument against the system, building on the economic theories of other Jews.
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It appears that the problem is with people not having enough shoes!! :palm:
 
RStringfield said:
Paper money is not the problem as much as the fractional reserve system, which is a license to create currency out of nothing. It is the cause of the business cycle as it inevitably leads to speculation, boom and busts. Before the Federal Reserve the bankers actually suffered, sometimes with their lives, if a run left them short. That at times made the contractions more severe, to some. The Federal Reserve and the move from gold backed currency insulated the bankers from the risks by making taxpayers responsible for their shortfalls.

There is no conspiracy, but it is one hell of a racket and little more than organized theft. It is also hard to explain to some people as they think it is just some sort of natural function of the market.

Rothbard explained the banking system in terms similar to a storage facility. People put their goods in and lock them away for safekeeping. Everything is fine until the caretaker comes up with a scheme to earn more revenue. Rent out the possessions which are just sitting there idle. For a while it works. Then person A comes to pick up his shoes and they are not there. So the storage facility digs up some equivalents out of person B's locker and gives them to person A. When person B comes for his shoes maybe person A's have been returned by the renter/borrower or they can find some in person C's. If not then person B is pretty much screwed. Once word gets out about the storage facility's inability to safeguard possessions, everybody comes to retrieve their goods and the storage facility is put out of business, along with the structure being burned to the ground and the lynching of the caretaker as those whose goods are still out on loan, demand justice.

Of course, during the caretakers scam there will also other distorting effects. For instance, the supply of shoes was overstated. When person B's shoes were on loan the borrower had shoes and person B, thought he had shoes. Maybe person B even took out a loan with his shoes as collateral.

Once you start doing all the possible transactions involved it quickly becomes distorting of wealth and creates a boom. Once it is realized that there was no real increase in shoes, then comes the bust.

A Jew, Rothbard, provides the most sound argument against the system, building on the economic theories of other Jews.
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Didn't we experience the business cycle during the 19th Century, though, after the destruction of the SBUS, from the Panic of 1837 to the Panic of 1907?
 
The answer is: There can be heat ups and slow downs in business, based on booms, innovations etc. But the fact is that even these must be capitalized, or they just won't happen. But more and more, as more and more of our economy is chimeric digitized phantomery inside the matrix, created by banks for bank speculation on questionably conceived products, they can create the bubbles and time the pops, and they do.
 
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