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Topic: Central Banking 101 - page 2. (Read 1437 times)

member
Activity: 83
Merit: 10
July 22, 2014, 12:18:41 PM
#5
This is not exactly what happens. Everything that a central bank does is done in the name of the stability of the economy it is supporting.
legendary
Activity: 1764
Merit: 1007
July 22, 2014, 10:02:20 AM
#4
Step 2:

Loan more "money" than what could ever be payed back.


+ with interest!
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
July 22, 2014, 06:13:33 AM
#3
agreed, good post
legendary
Activity: 854
Merit: 1000
July 22, 2014, 06:06:38 AM
#2
Step 1:

Create money with no backing out of thin air.

Step 2:

Loan more "money" than what could ever be payed back.

Step 3:

Use "money" to influence government to write laws in your favor.

Step 4:

When money can't possibly be paid back use said laws to confiscate and "repossess" popery and other real tangible assets.

Step 5:

Real profit.




Agree 100% except for one thing. Loan money can never be paid back!!!  Grin
sr. member
Activity: 469
Merit: 250
J
July 20, 2014, 10:46:29 PM
#1
Step 1:

Create money with no backing out of thin air.

Step 2:

Loan more "money" than what could ever be payed back.

Step 3:

Use "money" to influence government to write laws in your favor.

Step 4:

When money can't possibly be paid back use said laws to confiscate and "repossess" popery and other real tangible assets.

Step 5:

Real profit.


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