Clarke and Dawe - The Global Economy

Let's see if I got this straight: the Fed loans out no money. It takes
nothing from its vaults to loan out, but somehow We the People are on
the hook for paying back every dollar we work to earn because they call
it a loan and the government honors it as a loan.
R U ALL REALLY THIS STUPID? Do you think this has to be this way? Tell
me something. If I had the contract to print those little pieces of
paper that YOU WORK TO EARN, and I took it into my head one day that
because I printed them, these bills, that YOU WORK TO EARN actually
belonged to me and so I could take any amount of these bills that YOU
WORK TO EARN right off the printing press and put it into my pocket, you
would have me murdered in the street for stealing the money that YOU
WORK TO EARN. But the government says we have to do this, and you BOZOS
think then that this is how the economy works?!?
The banks don't generate the currency. They PRINT it! If you printed the
money by making copies of the bills at a Kinko's would Kinko's own the
actual value of the currency being printed? No, you would owe them
whatever it cost for the print job. Well, that's all the Fed does, a
print job. They aren't generating anything! They aren't loaning
anything! Nothing is leaving their vaults. You are following a system
custom made to make you think money can run out in order to make you
think these economic crises are real! You know how a check represents a
monetary value? So does currency! That's what it's for!! It's so you
can take pieces of paper to go get a beer, banana or blow job without
having to carry around a goat and trade its milk for these things! It
doesn't need backing by gold because it is printed specifically so you
can go around and pay for ALL the goods and services available, not just
gold. In other words, it needs no backing because it is a
representation of what YOU WORK TO EARN!!! It is FRONTED BY YOUR WORK
AND ALL THE THINGS YOU PRODUCE!!!! They teach you that markets control
the economy because they (wealthy people) at least somewhat control
markets (remember the Libor scandal)? If someone over-printed any amount
of money, it simply could not be spent, and if they underprinted, then
what, the economy collapses because they ran out of ink? NONE OF THE
THINGS THEY TELL YOU AFFECTS THE ECONOMY AFFECTS THE ECONOMY!! So long
as you produce enough goods for money to be spent on, the economy is
fine. It does not need continuous growth when stability keeps money
flowing. The only thing that gives those pieces of paper value is that
it can purchase things. We produce those things. Not the bank. They only
PRINT the receipts representing the value of what we earn. If you or I
printed them, we would get paid only for printing them! This is all a
SHAM, dammit!!!

"Can someone go down and put a couple a trillion in the parking metre; we could be a minute"

KNAWLEDGE

Absolute genius

I think it is about how the central banks keep adding loans into the currency system (bailouts/QE) and that results in inflation and artificialy raises share values.
Also the banks can exert alot of pressure on sovereign governements and treat them like delinquent debtors and make harsh demands, even though they approved loans to risky borrowers.

So good ...thank you

I wish i understood this better :/

Sometime SOON ?

The monetary economy is just that, A FUCKING JOKE. Printing money out of nothing? Every country is in debt? If all debts are paid money would be worthless? More money in circulation = worst economy? A system that promotes infinite economic growth on a planet with finite human and natural resources? What kind of retarded monkeys do this? Oh, humans, the only species that had to pay to live on earth.

You just reinforced my point. "Without government" they wouldn't be getting bailouts. Again, I wouldnt blame anyone for taking millions of dollars free of charge if someone offered it to me I would do the same. Stop government from giving out money, don't blame people / corporations for taking the free money.

EDUCATE??? WithOUT that "money" from govt they would NOT be able to TIMES it by TEN and CONTINUE the CON. Watch the vid "Why Do Banks Make So Much Money?" (plus others) by PositiveMoney and "George Carlin - it's a big club and you ain't in it." PEACE

Yes, Paulson called upon the heads of the banks to the White House where they were forced to sign the agreement between banks and white house for the disbursement of money. Not all wanted it, but government always gets the last word. Please educate yourself.

FORCED? Forced to TAKE the "computer DIGIT money!?" "Please...FUCK us JONES's up the creek! Coz we're happy to Slave+Spend...Curse we are...Half NAKED millionaire MEN kicking ball around ON yet?" Dribble-Peace(of ass)-Dribble PEACE

CHECKOUT the vids "Why Do Banks Make So Much Money?" by PositiveMoney and "George Carlin It's a big club and you ain't in it." PEACE + Happy Father ExMASS day

Well said, now if only you could get those OWS folks directed at the real problem, which is the government (who I might add, FORCED the banks to take the money) .. then we might be onto something.

A "parody" on the CREATION of "money" by issuing loans.The repayments+interest cause prices to inflate-wages to be frozen-workforce reduced/destroyed-Cheaper suppliers/sweatshops-More tax/less services(National Debt)...War? The list goes on. And when loans are repaid that money is destroyed! (ie.No permanent money supply) More loans needed today (in this s**t SYSTEM) to have enuf money to pay JUST yesterday's interest!! Hey ho - When's the match on?

Hmm, yes Australian humor, or a parody on something no doubt.

So... they're having a... Tea Party?

WE are so dumb I swear. Why can't normal people do things right now once.

@spconway11 Hard working people have no place paying for free loaders either!

Clarke and Dawe - The Global Economy

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