Fractional Reserve Banking 101
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Yes I think I misunderstood originally, my bad. But that actually futhers my point even more than I thought, in the end. If I had it wrong and it's worse than I thought... ouch. lol
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two.josda1000 wrote:
Yes I think I misunderstood originally, my bad.
No worries. That's why I posted this thread... To make sure everyone knows the facts behind these debates :)
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
Right, precisely.
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two.You forgot to tell him that the Fed gave the banks tons of cheap credit to play with, and how the main credit rating agency rated trash as a good investment, and how Goldman knew about the trash they were selling and insured it through AIG.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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You forgot to tell him that the Fed gave the banks tons of cheap credit to play with, and how the main credit rating agency rated trash as a good investment, and how Goldman knew about the trash they were selling and insured it through AIG.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Oh we've been over the corruption aspect yesterday (talked about fascism, and they're denying it). I didn't talk about that specificially, but that's a really good point, and just chalk it up to one more reason why we are living in a fascist state. But nobody wants to listen to you, because you're crazy. Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect. But I have Ian almost totally agreeing with the points here, so that's a great start.
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two. -
Oh we've been over the corruption aspect yesterday (talked about fascism, and they're denying it). I didn't talk about that specificially, but that's a really good point, and just chalk it up to one more reason why we are living in a fascist state. But nobody wants to listen to you, because you're crazy. Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect. But I have Ian almost totally agreeing with the points here, so that's a great start.
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two.Well keep up the good work. Personally I think these people are lost causes, especially Graus. Graus knows that he is wrong, but he enjoys being manipulative in a sick way.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Here is a better lesson from people who have way more experience and education than the above crapper. Millennium Money[^]
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Firstly, CSS, Blink text? lol Terrible. Secondly, I just watched it. It's pretty much the case in point of the whole thing we've been talking about. A) Crash is inevitable. B) Our governement (nevermind EVERY government EVER to exist) is corrupt. C) We're the largest debtor nation in the world. D) We got off the gold standard. We will have hyperinflation, because of the crash, and countries will dump the dollar. But let everyone continue to sleep, it feels good to be in a delta wave state. (pretty much a pun... the state has us in a delta wave state... lol I crack me up.)
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two. -
It's a video, so it must be good, right ? Did you know that studies of brain activity have proven you learn far more from reading than from watching video ? Well, people capable of learning do, YMMV.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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Here is a better lesson from people who have way more experience and education than the above crapper. Millennium Money[^]
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Déjà vu[^]. It's déjà vu[^], all over again. Reprise: It is a video made by a bullion company[^] extolling a currency backed by gold, i.e., propaganda. It is better produced than the other bullion propaganda video you posted (something about inflation), the script is well written, and the main narrator is John Stanton, an experienced Ozzie actor, whose voice lends conviction and authority. However, no analysis is made of the problems that would be encountered with a gold backed currency, together with a proposed solution for each. That is what makes it propaganda. How can I put this kindly? Your intellectual development appears to have stalled around 6th grade. Consequently, any video that you can understand is likely to be too simplistic to be of interest to the rest of us.
CaptainSeeSharp wrote:
Here is a better lesson from people who have way more experience and education
The guy who heads up Anglo Far-East is a High School dropout. His experience appears to be in attracting investors into various ventures, i.e., selling.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
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Déjà vu[^]. It's déjà vu[^], all over again. Reprise: It is a video made by a bullion company[^] extolling a currency backed by gold, i.e., propaganda. It is better produced than the other bullion propaganda video you posted (something about inflation), the script is well written, and the main narrator is John Stanton, an experienced Ozzie actor, whose voice lends conviction and authority. However, no analysis is made of the problems that would be encountered with a gold backed currency, together with a proposed solution for each. That is what makes it propaganda. How can I put this kindly? Your intellectual development appears to have stalled around 6th grade. Consequently, any video that you can understand is likely to be too simplistic to be of interest to the rest of us.
CaptainSeeSharp wrote:
Here is a better lesson from people who have way more experience and education
The guy who heads up Anglo Far-East is a High School dropout. His experience appears to be in attracting investors into various ventures, i.e., selling.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
:laugh: You stick with your precious Euro then.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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:laugh: You stick with your precious Euro then.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
You stick with your precious Euro then.
Every time you post, you reveal your ignorance. Can you spot your mistake? There is nothing wrong in holding gold as a crisis hedge; and in uncertain times like these, it is a good idea to hold some (in its physical form and readily accessible). But first, you should stock up on supplies, water, etc. You would be surprised at how much gold you would be prepared to part with just to stay alive.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
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You forgot to tell him that the Fed gave the banks tons of cheap credit to play with, and how the main credit rating agency rated trash as a good investment, and how Goldman knew about the trash they were selling and insured it through AIG.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
You forgot to tell him that the Fed gave the banks tons of cheap credit to play with, and how the main credit rating agency rated trash as a good investment, and how Goldman knew about the trash they were selling and insured it through AIG.
Outside of your cultural milieu, these things are common knowledge.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
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Oh we've been over the corruption aspect yesterday (talked about fascism, and they're denying it). I didn't talk about that specificially, but that's a really good point, and just chalk it up to one more reason why we are living in a fascist state. But nobody wants to listen to you, because you're crazy. Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect. But I have Ian almost totally agreeing with the points here, so that's a great start.
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two.Fascism is a potential outcome of this crisis and the way it is being managed. But fascism is not what you have (yet?).
josda1000 wrote:
Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect.
But you, too, appear 'religious' in your beliefs. I am an economic atheist. Keynesians are like Christians. They work their 'wonders' and 'prophesy' in Keynes name, but he would never know them.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
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Well keep up the good work. Personally I think these people are lost causes, especially Graus. Graus knows that he is wrong, but he enjoys being manipulative in a sick way.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Did you notice that he called you crazy ? I bet he wishes you would disappear, so his views were not tainted by your retardedness. I love how youtell me what I know. I know you are an ignorant moron.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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Did you notice that he called you crazy ? I bet he wishes you would disappear, so his views were not tainted by your retardedness. I love how youtell me what I know. I know you are an ignorant moron.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
"But nobody wants to listen to you, because you're crazy. Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect." It's called sarcasm. Maybe I should have stated it like this: But nobody wants to listen to you, "because you're crazy". Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect. Does that get the point across better? I've held our position all day for two days straight in three threads. I'm not backing down, I feel I've studied this stuff enough to know what I'm talking about.
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two. -
Fascism is a potential outcome of this crisis and the way it is being managed. But fascism is not what you have (yet?).
josda1000 wrote:
Honestly, they're the ones living with a belief system, just as if they really were religious about "keynesianism" or something to that effect.
But you, too, appear 'religious' in your beliefs. I am an economic atheist. Keynesians are like Christians. They work their 'wonders' and 'prophesy' in Keynes name, but he would never know them.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
Bob Emmett wrote:
Fascism is a potential outcome of this crisis and the way it is being managed.
Fair enough.
Bob Emmett wrote:
But fascism is not what you have
I disagree. I think I've backed up the reasons as to why pretty well at this point.
Bob Emmett wrote:
But you, too, appear 'religious' in your beliefs.
Fair enough.
Bob Emmett wrote:
Keynesians are like Christians. They work their 'wonders' and 'prophesy' in Keynes name, but he would never know them.
lol true
Josh Davis
Always looking for blackjack. Or maybe White Frank. One of the two. -
CaptainSeeSharp wrote:
You stick with your precious Euro then.
Every time you post, you reveal your ignorance. Can you spot your mistake? There is nothing wrong in holding gold as a crisis hedge; and in uncertain times like these, it is a good idea to hold some (in its physical form and readily accessible). But first, you should stock up on supplies, water, etc. You would be surprised at how much gold you would be prepared to part with just to stay alive.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
Bob Emmett wrote:
But first, you should stock up on supplies, water, etc. You would be surprised at how much gold you would be prepared to part with just to stay alive.
No shit, that's what I've been saying.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Bob Emmett wrote:
But first, you should stock up on supplies, water, etc. You would be surprised at how much gold you would be prepared to part with just to stay alive.
No shit, that's what I've been saying.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
So you did not spot your mistake.
CaptainSeeSharp wrote:
No sh*t, that's what I've been saying.
But of course; it is the mantra of the advertisements on Uncle Alex's web sites. However, stocking up with supplies and water in the face of a potential societal breakdown is nothing new.
Bob Emmett New Eugenicist - The weekly magazine for intelligent parenting. Published by the New World Order Press.
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Here is a better lesson from people who have way more experience and education than the above crapper. Millennium Money[^]
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]