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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 13 Dec 2014, 2:40 am
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Replies: 27
Views: 2,846
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| The organisation behind the production of the video are advocating that all commercial banks only lend out money that has previously been deposited in their savings accounts . They want to prevent commercial banks from borrowing money. Which is another way of saying they intend to crash British eco... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 11 Dec 2014, 9:48 am
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Replies: 27
Views: 2,846
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| The organisation behind the production of the video are advocating that all commercial banks only lend out money that has previously been deposited in their savings accounts . They want to prevent commercial banks from borrowing money. Which is another way of saying they intend to crash British econ... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 09 Dec 2014, 1:25 am
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Replies: 27
Views: 2,846
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| No. I repeat: when banks loan money to private businesses and individuals, they create the money that they loan. The Federal Reserve affects the money supply by changing the discount rate, but it is still private banks that create about 97% of the money in circulation (the rest being notes and coin... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 05 Dec 2014, 2:45 am
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Replies: 27
Views: 2,846
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| There is a difference between the currency issued by a federal reserve and the value of that currency. In common parlance, money and currency mean the same thing, but in economics they are not. But there is no sense in talking economics to someone who clearly knows nothing about it. If you knew wha... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 05 Dec 2014, 1:37 am
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Replies: 27
Views: 2,846
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| I get a loan for a house. The house is worth the money I borrow. The bank borrows the loan money from the money market and lends it to me. Over the life of the loan, the loan is paid back, plus interest. At what point did the bank "create" money? The FED has an unlimited amount of money, ... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 04 Dec 2014, 11:59 pm
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Replies: 27
Views: 2,846
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| I get a loan for a house. The house is worth the money I borrow. The bank borrows the loan money from the money market and lends it to me. Over the life of the loan, the loan is paid back, plus interest. At what point did the bank "create" money? The bank does not borrow money from the mo... |
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Forum: Politics, Philosophy, and Religion Topic: Cat-calling is harmless flattery... |
| ripped |
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Posted: 26 Nov 2014, 11:21 pm
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Replies: 170
Views: 7,525
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Do you not see the contradiction in the message that women are empowered, independent and liberated, and yet terrified to walk down the street?  |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 26 Nov 2014, 10:25 am
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Replies: 27
Views: 2,846
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| I get a loan for a house. The house is worth the money I borrow. The bank borrows the loan money from the money market and lends it to me. Over the life of the loan, the loan is paid back, plus interest. At what point did the bank "create" money? When the worth of the house increased beca... |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 26 Nov 2014, 7:59 am
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Replies: 27
Views: 2,846
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I get a loan for a house. The house is worth the money I borrow.
The bank borrows the loan money from the money market and lends it to me.
Over the life of the loan, the loan is paid back, plus interest.
At what point did the bank "create" money? |
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Forum: Politics, Philosophy, and Religion Topic: Cat-calling is harmless flattery... |
| ripped |
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Posted: 25 Nov 2014, 11:18 pm
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Replies: 170
Views: 7,525
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| Back up your claims with evidence or admit you are talking BS. |
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Forum: Politics, Philosophy, and Religion Topic: Cat-calling is harmless flattery... |
| ripped |
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Posted: 25 Nov 2014, 10:42 pm
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Replies: 170
Views: 7,525
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| What blessed and charming lives you lead, when the worst thing you can complain about is positive attention from the members of the opposite sex. |
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Forum: Politics, Philosophy, and Religion Topic: Positive Money. A proposition for money reform |
| ripped |
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Posted: 25 Nov 2014, 10:35 pm
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Replies: 27
Views: 2,846
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| Any alternative system to capital financed markets that does not have as its foundation the laws of economics, is just another lesson for the gullible to learn from at their own expense. |
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Forum: Politics, Philosophy, and Religion Topic: Brainstorming session needed. Posatives to Putin's arrogance |
| ripped |
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Posted: 08 Nov 2014, 11:43 pm
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Replies: 9
Views: 1,076
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| Not bad, not bad. And how about some positives? Anyone? |
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Forum: Politics, Philosophy, and Religion Topic: Brainstorming session needed. Posatives to Putin's arrogance |
| ripped |
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Posted: 08 Nov 2014, 3:24 am
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Replies: 9
Views: 1,076
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Mmm, that's pretty good.
How about an impetus to fast track the Ukraine into the EU? |
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Forum: Politics, Philosophy, and Religion Topic: Brainstorming session needed. Posatives to Putin's arrogance |
| ripped |
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Posted: 08 Nov 2014, 1:02 am
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Replies: 9
Views: 1,076
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Hey guys. Putting the theory to the test that every negative has a corresponding positive, I was wondering about the maximum good and advantage ( for the West ) that can come out of Russia's aggressive foreign policy?
BTW all ideas are equally worthy.
All comments and suggestions requested. |
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Forum: Politics, Philosophy, and Religion Topic: Why does God allow pain and suffering? |
| ripped |
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Posted: 08 Nov 2014, 12:53 am
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Replies: 32
Views: 2,108
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| Because there is nothing to prove that God is any more perfect than you are. |
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