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  4. Fractional Reserve Banking 101

Fractional Reserve Banking 101

Scheduled Pinned Locked Moved The Back Room
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  • C CaptainSeeSharp

    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[^]

    J Offline
    J Offline
    josda1000
    wrote on last edited by
    #20

    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.

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    • C Christian Graus

      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.

      L Offline
      L Offline
      Lost User
      wrote on last edited by
      #21

      The way feature films are made from short stories because books are too complex?

      Join the cool kids - Come fold with us[^]

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      • C CaptainSeeSharp

        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[^]

        L Offline
        L Offline
        Lost User
        wrote on last edited by
        #22

        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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        • L Lost User

          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.

          C Offline
          C Offline
          CaptainSeeSharp
          wrote on last edited by
          #23

          :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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          • C CaptainSeeSharp

            :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[^]

            L Offline
            L Offline
            Lost User
            wrote on last edited by
            #24

            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.

            C 1 Reply Last reply
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            • C CaptainSeeSharp

              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[^]

              L Offline
              L Offline
              Lost User
              wrote on last edited by
              #25

              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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              • J josda1000

                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.

                L Offline
                L Offline
                Lost User
                wrote on last edited by
                #26

                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.

                J 1 Reply Last reply
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                • C CaptainSeeSharp

                  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[^]

                  C Offline
                  C Offline
                  Christian Graus
                  wrote on last edited by
                  #27

                  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.

                  J 1 Reply Last reply
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                  • C Christian Graus

                    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.

                    J Offline
                    J Offline
                    josda1000
                    wrote on last edited by
                    #28

                    "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.

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                    • L Lost User

                      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.

                      J Offline
                      J Offline
                      josda1000
                      wrote on last edited by
                      #29

                      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.

                      1 Reply Last reply
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                      • L Lost User

                        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.

                        C Offline
                        C Offline
                        CaptainSeeSharp
                        wrote on last edited by
                        #30

                        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[^]

                        L 1 Reply Last reply
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                        • C CaptainSeeSharp

                          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[^]

                          L Offline
                          L Offline
                          Lost User
                          wrote on last edited by
                          #31

                          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.

                          1 Reply Last reply
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                          • C CaptainSeeSharp

                            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[^]

                            D Offline
                            D Offline
                            Distind
                            wrote on last edited by
                            #32

                            "I don't have an answer because I don't understand, here's a youtube video that agrees with me" And I'll note, I'm being nice as I didn't link the song You're Pitiful in there anywhere like I wanted to.

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