User Tag List
Thanks: 0
Results 1 to 6 of 6
-
11-12-2022, 04:19 PM #1
-
11-12-2022, 10:30 PM #28000 RPM
- Join Date
- Oct 2011
- Location
- Southern California
- Posts
- 3,555
- Thanks (Given)
- 177
- Thanks (Received)
- 470
- Likes (Given)
- 3399
- Likes (Received)
- 2318
- Mentioned
- 29 Post(s)
- Tagged
- 0 Thread(s)
Lake Fever this video is informing.
Here is my summary of the first 25 minutes of the video.
~~~~~
Central Bank of England’s money supply:
In 1948 the physical cash was 17% in circulation.
In 2022 the coins & paper currency is less than 3%.
(97% of credit/loans as non-physical electronic-money — are similar to today’s crypto currency).
Prior to 1844 private banks (liken to Crypto Currency companies in the 21st century) created their own bank notes/money.
However, inflation caused politicians to establish the Central Bank of England — as the sole generator of bank notes & coins.
Banks generate loans/credits which is debt. And unregulated excess supplied debt-loans creates’ inflation and/or unpaid defaults as loses on the debt-loans.
-
CDave liked this post
-
11-13-2022, 02:11 PM #38000 RPM
- Join Date
- Oct 2011
- Location
- Southern California
- Posts
- 3,555
- Thanks (Given)
- 177
- Thanks (Received)
- 470
- Likes (Given)
- 3399
- Likes (Received)
- 2318
- Mentioned
- 29 Post(s)
- Tagged
- 0 Thread(s)
Mark Moss says the Federal Reserve will lose 300 Billion dollars in 2022.
Which means No Fed profits will be given to the government --- US Treasury to spend.
-
11-13-2022, 05:14 PM #48000 RPM
- Join Date
- Oct 2011
- Location
- Southern California
- Posts
- 3,555
- Thanks (Given)
- 177
- Thanks (Received)
- 470
- Likes (Given)
- 3399
- Likes (Received)
- 2318
- Mentioned
- 29 Post(s)
- Tagged
- 0 Thread(s)
-
powerabout liked this post
-
11-13-2022, 07:00 PM #5Scream And Fly VIP
- Join Date
- Jul 2007
- Location
- NY
- Posts
- 861
- Thanks (Given)
- 27
- Thanks (Received)
- 213
- Likes (Given)
- 208
- Likes (Received)
- 792
- Mentioned
- 0 Post(s)
- Tagged
- 0 Thread(s)
The federal reserve had a 100 yr plan devised at Jekyll Island, it's just a little late
-
powerabout liked this post
-
11-14-2022, 08:53 AM #6Screaming And Flying!
- Join Date
- Jun 2007
- Location
- Singapore/Melbourne/Italy
- Posts
- 9,109
- Thanks (Given)
- 1010
- Thanks (Received)
- 356
- Likes (Given)
- 4327
- Likes (Received)
- 1976
- Mentioned
- 8 Post(s)
- Tagged
- 0 Thread(s)
Pretty good, was long winded but did stich together most things.
Josh Ryan Collin did explain that the bailouts dumped the money in housing and not industry, which is why most western countries are in the bin now as incrased property markets dont make you wealthy, only those that can speculate.
it certainly makes your kids poorer.
Didnt explain the basics of fractional reserver lending and why its needed in an economy.
Skipped internal versus external debt.
Skipped the overnight interbank loaning of paper gold and hence why gold price is 100% manipulated to keep it down
Nixon caused all this....
Yanis Varoufakis explain lots of this in his many youtubes as he was there as Greek finance minister while the EU trashed Greece showing the perfect example of how banks crush the small man.Last edited by powerabout; 11-19-2022 at 04:27 AM.
-
CDave liked this post
Similar Threads
-
The other Memphis studio (not Sun for Elvis, Cash & Jerry) that generated good music
By Lake X Kid in forum The Scream And Fly LoungeReplies: 0Last Post: 03-12-2021, 04:23 PM -
Computer generated skit
By Scott Tharpe in forum General Boating DiscussionReplies: 7Last Post: 04-21-2011, 06:08 AM -
Got Gas Money????
By SnakeBit in forum General Boating DiscussionReplies: 11Last Post: 12-15-2008, 06:54 AM -
Too much money!
By Boz in forum The Scream And Fly LoungeReplies: 25Last Post: 11-19-2003, 01:15 PM