Business IQ Test

[Anonymous No.51080390]

Single Question Business IQ Test:

How is all money created?
a) Government
b) Central Bank
c) Private Banks

[Anonymous No.51080406]

>>51080390
jews, does it matter which jews?

[Anonymous No.51080409]

The US Treasury says all money is created by private, commercial banks.

[Anonymous No.51080413]

>>51080390
money doesn't exist

[Anonymous No.51080421]

The Bank of England says banks create new money when they issue loans.

[Anonymous No.51080423]

>>51080390
c)

[Anonymous No.51080437]

Central Bank doesn't print money, they tell private banks that they can increase their balance sheet by X.

[Anonymous No.51080438]

The NY Fed admitted in 1966 that all money is created by banks.

[Anonymous No.51080441]

also
>central bank
>private bank

both are private

[Anonymous No.51080451]

>>51080390
It's mined (on ASICs)

[Anonymous No.51080475]

In 2014, Professor Richard Werner proved empirically that over 95% of money is created out of thin air by private banks.

He proved that banks created new digital money AFTER the borrower signs the loan contract.

[Anonymous No.51080506]

>>51080441
You're right: In the USA the 12 Federal Reserve banks are privately owned by the banks in their district.

But in most of Europe, the central banks are state-owned.

[Anonymous No.51080542]

The Library of Congress admits that private banks create money by lending. When the loan is repaid, the money is "extinguished", meaning it vanishes from existence. But the money collected as interest continues to exist as bank profit.

[sega No.51080606]

>>51080390
>babys first redpill
everybody here already knew that newfag
you must be 18 to post here btw

[Anonymous No.51080645]

>>51080406
Fpbp

[Anonymous No.51080793]

>>51080390
>>51080406

[Anonymous No.51080878]

>>51080390
b and c

[Anonymous No.51080926]

>>51080390
It's obviously private banks by extending credit. Come on anon, that's something you learn in high school (or learn in any finance intro course).

[Anonymous No.51080988]

>>51080390
this is not common knowledge? did you think the government actually printed real money when we say "money printer goes brrrr"?

[Anonymous No.51081075]

>hurrrrrrrrr durrrrrrrrrrrrrrrr
>LE PRIVATE BANKS CREATE MONEY
>"according to the SLR rule, you need only 10% collat ratio and the only collat without a penalty is US treasury bonds"
>PRIVATE BANKZ CREATE CREDIT GUYS
>"FDIC insurance means the deposits are insured by the federal government"
>HURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR DURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR LE PRIVATE BANNNNKZZZZZZZZZZ DURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

10 IQ:
>>51080390
>>51080409
>>51080421
>>51080438
>>51080475
>>51080506
>>51080542

[Anonymous No.51081110]

guys
guys
did you know
guys did you know
that the fed
guys
guys did you know that the fed
dudes listen
guys
listen
did you know guys
did you guys know that the fed is a private institution and it's TOTALLY not connected and controlled by the government
I swear guys
I swear
seriously
dudes

[Anonymous No.51081475]

>>51081110
KEK printer goes (you)

[Anonymous No.51081530]

>>51080390
But who and how this credit creation is influenced ?
That's right

[Anonymous No.51081548]

>>51081530
*by who

[Anonymous No.51082193]

>>51080988
Less than 1% of people know that private banks create all money, NOT government.

[Anonymous No.51082254]

>>51080606
>everybody here already knew that newfag<

Read the comments, douchebag and you'll see everybody here DOESN'T know that!

Richard Werner polled people in a German College town and NO ONE knew that banks create digital money when they issue loans.

[Anonymous No.51082558]

>>51082193
dumb quantity of money retard, empirical evidence suggests there is much more at play than just quantity.

[Anonymous No.51083485]

>>51082558
Yes, the population size, debt levels, and interest rates are also factors in inflation.

But YOU try squeezing that into a fucking cartoon, you douche-guzzling mama's boy!

[Cryptos No.51084604]

op, ignore the faggots.
Your thread is good.

[Anonymous No.51084639]

>IQ test
>question of knowledge

[Anonymous No.51084723]

fed balance sheet has technically created money until it is repaid. given its unlikely to all be repaid it is effectively new money. the fractional reserve banking system also creates new digital money.

[Anonymous No.51084912]

>>51084723
Fractional Reserve doesn't exist, so you are parroting a fake model. That easily-debunked description of money creation has several flaws. It pretends that banks can't create new money until they acquire "high-power money" created by the central banks. This is not true: banks simply create new money after the borrower signs the loan contract with no need for prior reserve or deposits.

Also, the Fractional Reserve model pretends that the money being loaned must exist in an account somewhere before the borrower arrives. This is completely wrong. As I stated, the bank creates new digital money to lend AFTER the borrower signs the loan contract.

Here's an admission from the NY Fed from 1979. It says the bank takes the promise to pay (aka promissory note, aka loan contract) then creates new checkbook money called "customer deposits" (aka "demand deposits").

[Anonymous No.51084972]

>>51080390
technically c but most importantly >>51080406

[Anonymous No.51084974]

>>51084604
Thanks, bro! I've been at this awhile, and usually over 80% of responses on 4chan are hostile.

Less than 1% of people know that banks create all money. This evil system CAN be abolished, but we need millions of people to learn it exists before we can get rid of it. Then we can zero-out all these illegal loans ($85 trillion worth in the USA alone) and switch to a debt-free, interest-free money system.

[Anonymous No.51085062]

>>51084972
Most Jews are brainwashed victims of this scam just like the rest of us. It only takes an internet search to find many Jewish businessmen who've been wiped-out after being unable to pay their banks loans. And the 1979 financial crisis in Israel (almost a hyperinflation) caused intense agony and financial suffering for Israeli Jews.

If we are going to abolish this debt-enslavement scam, we'll need any help we can get, including help from anti-banking Jews.