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/biz/ - Business & Finance


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10650891 No.10650891 [Reply] [Original]

Anyone who believe money comes from the banks or the government is a FOOL.

Money comes from any individual who signs a promissory note. What we CALL money is the banks publication of our money, the bank simply takes your money and publishes it giving you digits on an account representing the digits on the money they took.

THINK ABOUT IT

How could the banks possibly cater for sooooooooo many loans with money they get from deposits, do you realise how INSANE that is?

Mike Montagne who made Mathematically Perfected Economy was right! The banks give up no lawful consideration when in engaging in a purported loan to the public and never have meaning the banks are tricking you and stealing from you under the pretense that they are loaning money but in reality they are just making further representations of the money WE THE PEOPLE create and the banks charge us interest making the whole system of money be more debt than existing money therefore the banks are asking the people to give something that doesn’t exist or face PENALTY!

>> No.10650910
File: 58 KB, 713x519, milky.jpg [View same] [iqdb] [saucenao] [google]
10650910

MILKY MILKY WARM AND TASTY!

MOMMY! MILKY! PLEASE BE HASTY!

REFRESHING DRINK FROM MOMMY'S UDDERS!

I WANT MOMMY'S AND NO OTHER'S!

GIVE IT! GIVE IT! GIVE IT NOW!

GIVE ME MILKY, LAZY SOW!

UNTIL YOU DO I'LL SCREAM I'LL SHOUT!

I'LL CRY I'LL WHINE AND STOMP ABOUT!

UNTIL MY BELLY IS FULL AND HAPPY!

I REFUSE TO TAKE A NAPPY!

>> No.10650941

>>10650910
Pathetic you probably don’t even understand any of what wrote

>> No.10650957
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10650957

>>10650891

>> No.10650977

>>10650957
WEAK!

>> No.10650996
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10650996

>>10650977

>> No.10651018

>>10650996
Nobody KNOWS what you mean so suck it salami tits

>> No.10651025
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10651025

>>10651018
>salami tits

>> No.10651041

>>10651025
>my own salami tits

>> No.10651042

>>10650891
Most retarded thing I ever read on this board

>> No.10651052

>>10650891
This is so stupid I can’t even appreciate the milky photo

>> No.10651081

>>10651042
>>10651052
Bullshit, you know it’s all true! You won’t be able to give me one evidence to disprove what I wrote. You’re all jealous too because you can’t handle the passion

>> No.10651172

>>10651052
>>10651042
Why?

>> No.10651198

So nobody gives two shits knowing banks are stealing our promissory obligations THE REAL MONEY

>> No.10651796

>>10650891
r/im14andthisisdeep

>> No.10651964

>>10650891
>How could the banks possibly cater for sooooooooo many loans with money they get from deposits, do you realise how INSANE that is?
If you're this naive, high school is going to blow what little brains you have.

Banks haven't funded all of their loans from deposits in decades, stupid. Go read some books about how the banking system works before spewing this childish bullshit.

>> No.10652410

>>10651964
You have no clue what you are talking about, banks don’t fund loans as a matter of fact they don’t loan anything, that’s a fact. How about you do some research

>> No.10652423

>>10651796
No one is asking anything

>> No.10652468
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10652468

>>10650891
Glad to have you back, Gene.

>> No.10652481

>>10652423
That's because you're just spewing common knowledge. What are you new to this board?

>> No.10652567

>>10650891
Faggot name, Adam

>> No.10652635

>>10652567
There is nothing gay about me name cunt, what’s your name?

>> No.10652644

>>10652481
It’s obviously not common knowledge

>> No.10652742

>>10652635
My name is Adam as well, and i eat the poopoo, thats why i know u eat it too

>> No.10652872
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10652872

>>10650891
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf
There you go, OP. You're not totally wrong and the system is fucking bullshit but it's best to have the facts and explain them clearly rather than sperg out.

>> No.10653734

"we" never found the source, right?

>> No.10654038

Ok Dicks, Listen up!

You can buy shares in those banks and reap the harvest. i.e get in on your so called exposed SCAM.

You could also, if you weren't suck a lazy fuck, get backing and get a banking license and actually do this thing you make sound so magical.

You carry on as though you are locked out from the magic.

>> No.10654057

>>10654038

"In some jurisdictions you can get a bank in good standing for as little as 6M USD remember that anything below 6M may not be a real bank so be careful."

welp

>> No.10654066

>>10654038

HOW TO GET BANK LICENSE? I HAVE 2 BTC

>> No.10654072

>>10654066
You may have to go to Afghanistan.

>> No.10654082

>>10654066

It cost a few million in the US apparently. So it looks like 3rd world shithole country is your best bet.

>> No.10654090

>>10654072
OK I LIKE GIRLS WITH NO CLIT THEY DONT COMPLAIN

>> No.10654101

>>10654038
You can't but shares in central banks, faggot.

>> No.10654103

>>10654090
You often get complaints that you can't please a woman eh?

>> No.10654108

>>10654101
He isn't talking about central banks cock sucker.

>> No.10654112

>>10654108
Central banks are the ones at the top that actually benefit from they system you filthy goy.

>> No.10654120

>>10654112
And what benefit is that thot junkie?

>> No.10654135

>>10654120
Earn interest on loans produced out of nothing.

>> No.10654155

>>10654135
Ok you are clearly in possession of greater knowledge. I apologise.

>> No.10654176

>>10654103

YES EXACTLY

>> No.10654187

>>10654155
Please read this >>10652872

It's hard to make sense of it because it's such a bullshit system designed to obfuscate the scam.

>> No.10654220

>>10650891
In a way you're correct curreny in general is a claim on human labor, but you're retarded in the fact that just signing your name at a note labeled "I'm good for it" is fucking retarded cause currency also needs to be trustless at least on the individual level (ideally completely trustless).

>> No.10654264

>>10650891
you gotta go deeper than that, bro. money isnt even real, its just an obfuscation of social relation

>> No.10654308
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10654308

>>10650891
How many youtube conspiracies did you regurgitate before spewing all this nonsense out to /biz/?

Fucking loser

>> No.10654394
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10654394

>>10654308
The YouTubers and conspiracy tards are cringey but the truth is it's a scam. They tell you as much but they say it in a fancy, complicated way instead of the more simple "central banks buy assets by giving 'money' that they create for free" >>10652872

>> No.10654638

Who is that? I've seen this picture floating around here for years.

>> No.10654694

>>10654394
Central banks do not create money, they make a further representations of bonds and bonds are further representations of promissory notes so basically it’s just like a regular bank

Banks don’t create money WE DO, read what I wrote again

>> No.10654711

>>10654694
It's like a regular bank except it doesn't pay interest to the central bank and has no limits.

>> No.10654735

>>10654694
And they literally do create money. They create money by "buying" assets. That's QE. Free assets for central bank. More money in circulation.

>> No.10654776

>>10654711
I don’t know how the central banks compare to smaller banks like the way most people say that banks borrow from the central bank and have to return it with interest, I don’t think that’s true

>> No.10654810

>>10654776
Read the document I posted. Commercial banks pay interest on reserves held at the central bank. They must hold these reserves to cover withdrawals. Loans they can create from nothing but a loan is a deposit in someone's account. Withdrawals of that deposit cannot be payed out of thin air. The central bank, however does make money out of thin air.

>> No.10654821

>>10654394
Government funds all its operations by selling bonds, since the bonds are backed by taxes, the issuing of government bonds is basically a form of indentured servitude being imposed on the population. When a central bank decides to increase money supply (quantitative easing), it will purchase these government bonds with printed money, and also print a proportionate amount of money to distribute among various financial institutions the extra distributed money is supposed to help promote economic growth. Its basically free money for banks and institutions, and slavery for you and me.

>> No.10654839
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10654839

>>10654810
Commercial banks create credit out of nothing. Credit is basically the same as money but its not.

>>10654821
Yes. It's a scam. Proof of Work over Proof of Jew.

>> No.10655306

Bumping for visibility. This is something everybody should know and literally no one does.

>> No.10656125

>>10655306
Holy fuck good info thanks for posting. /biz/ do you even know where money come from? /biz/ of all places should know this.

>> No.10656177

>>10650941
Go back to plebbit fag.

>> No.10656559

>>10651198
I give a shit, but how can you prove this? Im a brainlet sorry.

>> No.10657001

>>10656559
>prove
They tell you themselves. >>10652872

There's two ways money is created under the current system, loans and asset purchases by central banks. Both of these cost nothing for central banks but they collect the interest and own the assets they "buy".

>> No.10657294

>>10653734
Chri5tine2006, found it after 3 mins of reverse search