The production of money... is SCAM! - page 4.

guoyu78

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Quote from: snatoshi on October 18, 2018, 02:44:13 PM

Just after the financial crisis in 2009, the journalist Scott Pelley asked Ben Bernanke on the 60 minutes CBS TV show where did they get the money for the AIG bailout in march 14, 2009? was these money of the taxpayer people?

He just said:"No. It isn't money from the taxpayers. The banks has it's own accounts with the Federal Reserve as well as you can have one with one commercial bank."

He continued: "In such way, to loan to a bank, one just simply uses the computer to mark up the size of the account they had with the Federal Reserve"

So he just literally admits they create the 85,000,000,000 usd out of nowhere to rescue the private company. This isn't the way capitalism should work and it's more like socialism where everybody takes the loses Angry

I don't know where you got that from, but one thing for sure is that no one has the right to print money except the government and the government does not just print money, because printing money will decrease the value of the country's currency.

There are times that the government can print money, they don't just print money for no reason, there is always a reason when they decide to print, unless that government has decided to be useless and destroy the value of the country currency which, doesn't make any sense.

Tylev

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The dollar is generally a very peculiar currency, since it has not been supported by gold reserves of the USA since the seventies. Nevertheless, other national money of the states is supported by them and mainly reflects the state of the country's economy. In general, cash is not a scam, but a science of economics. Another thing is that governments always lack the funds for the implementation of their projects and they often print cash more than is necessary to maintain the balance of the economy and this causes inflation.

andriarto

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Quote from: cahbagus555 on December 08, 2018, 10:47:47 PM

Economic crisis always happen because central banks can not control the money supply. Its begin with interest rate. When economic start growing, central banks raising interest rate and they said to control inflation but in other side, bussiness world will suffering because paying more interest rate on their loan.

for those who pursue the world of entrepreneurship, of course, feeling that this condition is, indeed, with an increase in higher interest rates will certainly reduce income, because we still bear other burdens such as taxes

cahbagus555

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Economic crisis always happen because central banks can not control the money supply. Its begin with interest rate. When economic start growing, central banks raising interest rate and they said to control inflation but in other side, bussiness world will suffering because paying more interest rate on their loan.

greeklogos

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Everyone will understand, if just think a little bit, that all of us in the government's game in the sense of finances. Banking system is totally depends from the government and the only thing they do is tap the number of money on our account. But all those fees, and % are real money from our wallet's. We simply feed them.

Indamuck

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Activity: 1120

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Money is the biggest conspiracy ever created. 99 % of people will do anything to get lots of money. We are all enslaved to the dollar, the bankers are laughing at us like the dump sheep we really are. Maybe one day people will wake up and realize this whole fiat banking system is a complete scam.

jademaxxiss012

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Activity: 308

Merit: 15

Really, but the question is that how they were able to cover this or able to do things in the process of the clients know about this? Anyway all thing that work in a bank institutions are confidentials and that person is right it could jist made up to save the company. This is what happening to ICO project noe and only few made out successfully.

Thanasis

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Quote from: Neilobit on November 18, 2018, 05:16:45 AM

The Government prints money to exit scam Cheesy

No they were making money from nothing,so they are getting benefits from us by paying some paper printed with some leader faces,they made us to believe that this paper has worth but actually not.

junglist.massive

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Activity: 759

Merit: 500

Doing things like this is natural for them, it would seem reasonable to consider the impact will give a strong influence. The disgrace of the government and everything in the country shouldn’t spread widely as much as possible because it will affect the government's agenda, whether its obstruction or break the news chain openly or subtly and therefore there is the term "too big to fail".
Like it or not that's what happened, what can you do?

Neilobit

jr. member

Activity: 50

Merit: 1

The Government prints money to exit scam Cheesy

Indrawan77

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Yeah there is so many flaw in the fiat system and each year the fiat rescue no one because the inflation is keep on rising, the more government act the worse the condition become, that is why some people doesn't want to invest in fiat anymore because the interest is way down than the inflation, crypto is the best solution for this money scam, in bitcoin there are no one could print any bitcoin anymore and inflation doesn't affect on bitcoin

CASTIEL05

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Activity: 560

Merit: 13

Quote from: jrrsparkles on October 18, 2018, 03:18:33 PM

Quote from: bubblebit on October 18, 2018, 03:14:59 PM

The government is the biggest scammer and this is within their control. The financial system that been hit by this massive fraud in wall street. Oh, I forgot that mainstream media and the likes are on the same channel and part of this since they're the main information sources in our society.

Mind conditioning and paid news shelling is one of they're profiting from.

To be honest the governments were not controlling their country's money,it is controlled by their central banks that is why we call it as central banks even the government has no control over it so why we are allowing them? This sytem was found in 18th century and the creators were still following this system ad they are making all our money to decrease its value over time.

Really? I don't know who controls the money in the world and why does it lessen the value when time goes by. But I assure that governments are still in control of money since banks and government are one.
Central Banks controlled the money to circulate in economy because of inflation. They prevent the economy to experience inflation. Banks regulate the money so that the economy become stable in a long run.

okala

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The capitalism system of governments we are running is a scam and bank is the most manipulated sectors we have. That is why bank is against cryptocurrencies and blockchain technology. The blockchain technology bring transparent into the financial system and bank including central one did not like a decentralized system were they did not have control over.

Bitfling

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Activity: 602

Merit: 10

America different with others country in the world. The Fed can always print money or adding more digits on their account because US Dollars used in the world for commodities transaction. Its true that the production of US Dollar is a scam but its happen because the world use Dollars as main currency for transaction

Indamuck

hero member

Activity: 1120

Merit: 554

Money is just an illusion. It's a way to keep us in slavery. The elites can't type any number into a computer screen that they want. They essentially have unlimited money and can do almost anything they wish. The citizens are the ones that give money it's power by supporting it. If we all came together and declared the USD worthless it would collapse. It is just a faith based system.

Yara1

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Activity: 193

Merit: 4

No it does not literary mean that the money is created out of no where what it means is that banks are made to deposits certain amount of money with the federal reserve in case of future emergency so that loans and bail out can be generated from there to eas the situation.

rez303

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Activity: 338

Merit: 10

StartFi

The production of money is not a scam. Money production is allowed only when the country is short of funds or they want to reduce their currency value. The value of a country is always well understood by the organization and any action taken by each country is closely monitored. So I do not think it's a scam.

squog

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ANONYMOUS MOBILE PAYMENTS

I don't think it is actually in thin air. Such an amount is ridiculously huge that it could damage the marekt even more if such an amount was allowed to circulate. But i digress, we should know that the people who made the market collapse in 2009, is still the same ones in the market and even the government.

KingdomHearts

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Quote from: zubrr51 on October 20, 2018, 01:13:18 PM

You can not print money endlessly. This approach is completely contrary to the laws of economics and will inevitably lead to a depreciation of the currency.

Of course the solution is never the printing of money for ultimately it results in the inflation and in many cases the hyper inflation and since every country knows it is not easy to deal with the hyper inflation, they keep a limit to the printing money.

Something that can promote the GDP of your country is the production of goods and services and this helps tackle both inflation as well as unemployment and ultimately enhance exports which further results in a surplus balance of payments.

spongegar

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Come on! Do we need proof that the government is actually screwing us over? Time and time again, these "elite" powers in the financial industry and government ca solve all the problems of the masses with a snap of a finger yet they don't simply because they'll operate on a loss rather than have an income over it.

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