Stupid World

[Brian d marge]

Wastage is a different topic, usage is something an R.B.E is unlikely to lower; wasteage perhaps, but the number of people sacrificing their resources they have worked for for an iphone 6 suggests the wastage is in the mindset, not the financial cost.

Yet it is also a tool doing good, and increasing human potential. It is how you choose to see it Me, I'm a positive bloke, making the best of the situation, no sense dragging myself down by a negative view of the world.

A bank is a bank, they cannot print money at all, and they cannot create money from nothing; stop being willfully ignorant mashy.

the banks do indeed print money , AND destroy money all at a stroke of a key

Banke moon has gone on record and I have posted it here

Sorry but they do ,,,,,,,,

The physical money , less than 3 percent , is printed at the by the government , at the place where they print money

the rest is all make believe ...........

Stephen

[Akzle]

And if you have a problem with that then I suggest you go find some actual numbers rather than fall in for the local "revolutionist" circle jerk.

'Cause you're wrong.

((wall-o-text removed, can i has lolipop, gremlord?))

that is horseshit. aside from many factual inaccuracies, that's as "rose-tinted" and biased as much of the shit on the other side of the argument.

[Akzle]

A bank is a bank, they cannot print money at all, and they cannot create money from nothing; stop being willfully ignorant mashy.

sorry. run that one past me again:
if you get one dollar, and then you jew-gold it, and you come out with five, how is that not making money up??

b) money doesn't exist and has no value beyond what people are willing to do for it, in many cases, horrendous shit. in "civilised" whitey land, that involves giving over your carcass to a corporation for ~60% of your waking* useful adult life.

*if, in fact the mind-numb zombie like state that corporate types exist in can be considered "awake", that is...

[yokel]

sorry. run that one past me again:
if you get one dollar, and then you jew-gold it, and you come out with five, how is that not making money up??

b) money doesn't exist and has no value beyond what people are willing to do for it, in many cases, horrendous shit. in "civilised" whitey land, that involves giving over your carcass to a corporation for ~60% of your waking* useful adult life.

*if, in fact the mind-numb zombie like state that corporate types exist in can be considered "awake", that is...

thats right, money is just a IOU from some other sucker.
right now they are printing more and have too many "IOU's" in circulation than the suckers can repay

[bogan]

the banks do indeed print money , AND destroy money all at a stroke of a key

Banke moon has gone on record and I have posted it here

Sorry but they do ,,,,,,,,

The physical money , less than 3 percent , is printed at the by the government , at the place where they print money

the rest is all make believe ...........

Stephen

Exactly, the rest is all based on FRB or otherwise has wealth behind it and requisite to its 'creation'.

sorry. run that one past me again:
if you get one dollar, and then you jew-gold it, and you come out with five, how is that not making money up??

Because it has to be backed by that original $1. Were it coming out of thin air, that $1 would not be needed and the banks could just get their $5 from absolutely nothing at all.

[mashman]

Wastage is a different topic, usage is something an R.B.E is unlikely to lower; wasteage perhaps, but the number of people sacrificing their resources they have worked for for an iphone 6 suggests the wastage is in the mindset, not the financial cost.

Yet it is also a tool doing good, and increasing human potential. It is how you choose to see it Me, I'm a positive bloke, making the best of the situation, no sense dragging myself down by a negative view of the world.

A bank is a bank, they cannot print money at all, and they cannot create money from nothing; stop being willfully ignorant mashy.

An R.B.E. also may not lower usage, but it may redirect that usage towards something useful. I agree that there is a problem with the mindset, but the money is driving that mindset coz if the money weren't there, neither would that mindset be.

Nope, people are the ones doing good, the money does fuck all but limit that which people can accomplish. Me, I'm a positive bloke, making the best of the situation, no sense dragging myself down by a negative view of the world... however I won't shove my head up my arse and pretend that just because I'm ok that no one outside of my monkey sphere exists or indeed suffers because of the financial system. As I said earlier, resources are abundant and only money is stopping resources getting to people who need them.

bwaaaaaaa ha ha ha ha ha ha ha ha haaaaaaa. According to one of the chief economists in NZ, that's exactly what banks do. I believe his words were, "It's economics 101". Looks like you've built your knowledge base upon lies, deceit and propaganda... worse yet you regurgitate it verbatim and call anyone who disagrees with you ignorant. Turns out you're a fuckin muppet.

[mashman]

That'll be a relative measure though, those in poverty today have it better than the ruling class of 100 years ago.

Is that seasonally adjusted?

[bogan]

An R.B.E. also may not lower usage, but it may redirect that usage towards something useful. I agree that there is a problem with the mindset, but the money is driving that mindset coz if the money weren't there, neither would that mindset be.

Nope, people are the ones doing good, the money does fuck all but limit that which people can accomplish. Me, I'm a positive bloke, making the best of the situation, no sense dragging myself down by a negative view of the world... however I won't shove my head up my arse and pretend that just because I'm ok that no one outside of my monkey sphere exists or indeed suffers because of the financial system. As I said earlier, resources are abundant and only money is stopping resources getting to people who need them.

bwaaaaaaa ha ha ha ha ha ha ha ha haaaaaaa. According to one of the chief economists in NZ, that's exactly what banks do. I believe his words were, "It's economics 101". Looks like you've built your knowledge base upon lies, deceit and propaganda... worse yet you regurgitate it verbatim and call anyone who disagrees with you ignorant. Turns out you're a fuckin muppet.

Or is the mindset driving the money? Why are the fractional reserves set so low? because people want to borrow to spend, were the mindset otherwise they would not need to be that low and the economy would be safer. You simply can't see past you blind hatred of money because of how it limits you, to look at in objective terms; money ensures some people do anything at all, that is not a limit. You clearly have a negative view of the world (thread title be the example) and get quite ranty and illogical here, get some objectivity, and get some happiness...

They don't print it, and it has to be backed by the fractional reserve. So they can turn $1 into 5, so can I, it does take me a little longer, but on the other hand there is no reserve for me so I can keep turning that $1 into an extra 5 day in, day out. If you had an education I'd be inclined to look into your claims, but as it is, you're just misinterpreting things to ensure money comes out looking bad in your own mind; pretty negative mindset that. Newsflash though, FRB already looks bad, and if you were smart you could focus on the actual flaws instead of ranting about how banks print money

Is that seasonally adjusted?

Yes.

[mashman]

Or is the mindset driving the money? Why are the fractional reserves set so low? because people want to borrow to spend, were the mindset otherwise they would not need to be that low and the economy would be safer. You simply can't see past you blind hatred of money because of how it limits you, to look at in objective terms; money ensures some people do anything at all, that is not a limit. You clearly have a negative view of the world (thread title be the example) and get quite ranty and illogical here, get some objectivity, and get some happiness...

They don't print it, and it has to be backed by the fractional reserve. So they can turn $1 into 5, so can I, it does take me a little longer, but on the other hand there is no reserve for me so I can keep turning that $1 into an extra 5 day in, day out. If you had an education I'd be inclined to look into your claims, but as it is, you're just misinterpreting things to ensure money comes out looking bad in your own mind; pretty negative mindset that. Newsflash though, FRB already looks bad, and if you were smart you could focus on the actual flaws instead of ranting about how banks print money

Yes.

I'm most definitely going for money driving behaviour, because if that money didn't exist, neither would the behaviour... well certainly not at the levels we currently know. I can't see past what? The only reason I want money is so that I can make an attempt and rendering it obsolete, aha, ironing or what eh. I don't hate money and I'm certainly not blind (coz I know where it comes from and you don't ) and have looked at it as objectively as is possible and see it as damaging the future of mankind. So yet again I say that I'm not looking at things from a negative perspective and so you decide that you know better. , so you're going to persist in telling me how I view things huh? In which case you're fooling yourself, bigtime

, they do print it, or are you calling one of NZ's chief economists and the imf liars? Actually that would fit with your modus operandi telling others what they think and what they should believe... well trying to... but you'll need an ounce of credibility first and that's something that you seem to be lacking. No rant there, just stating the facts as you tell me I'm negative when I'm not, and you persist in that vein by stating that economists and the imf are full of shit. Dude, you may want to get that projection looked at or at the very least upgrade your logic engine to something that is this side of the 60's... that's this side of the 1460's to be clear. Economics 101 baby, you've just failed it... and using your yard stick that means that you have absolutely zero credibility when discussing matters of the financial system... although I'm sure you'll ream of a string of caveats to dig yourself out of your own hole.

Blaming me for your lack of knowledge is not my problem. Blaming me for your lack of logic isn't either. And then telling me what I need to focus on, WTF ? Why do I need to focus on the flaws (tsk tsk such negativity) when I can focus on a solution that can do everything the financial system can and more.

[Scuba_Steve]

Because it has to be backed by that original $1. Were it coming out of thin air, that $1 would not be needed and the banks could just get their $5 from absolutely nothing at all.

But then it'd just be worth 1$ yet they now have 5$ also you're neglecting the next stage where that imaginary 5$ is taken & split into another 25$ so now we have 25$ backed by 1$ but it doesn't stop there cause that 25$ will be taken & turned into 125$ still only backed by 1$ & this goes on & on until someone defaults & that OG 1$ turns out not to be much of a backing after all because all that $$$ turns out to be made from nothing after all... Now you know the basics of the GFC

[mashman]

But then it'd just be worth 1$ yet they now have 5$ also you're neglecting the next stage where that imaginary 5$ is taken & split into another 25$ so now we have 25$ backed by 1$ but it doesn't stop there cause that 25$ will be taken & turned into 125$ still only backed by 1$ & this goes on & on until someone defaults & that OG 1$ turns out not to be much of a backing after all because all that $$$ turns out to be made from nothing after all... Now you know the basics of the GFC

Cannot spread etc...

[Akzle]

thats right, money is just a IOU from some other sucker.
right now they are printing more and have too many "IOU's" in circulation than the suckers can repay

nooo, actually you (the borrower) 're the sucker. because before you give any sign(of your n)ature (such as that you are going to act as a corporation for profit) that money doesn't exist.
you think they're lending you something they have? fuck no. they create the money, under a capitus diminutio name, with that sign. if you don't sign the paper, that money doesn't exist.
you're right, in that it's a big ass IOU, and that cash is also (being "promissory" notes: that is, a promise to pay...... if/when money ever exists) but you're wrong in that you're not actually borrowing anything off anyone, you're inventing money, like magic, or jellybeans. just need that magic SURNAME, FIRST, MIDDLE, a date of incorporation and a sign...

Because it has to be backed by that original $1. Were it coming out of thin air, that $1 would not be needed and the banks could just get their $5 from absolutely nothing at all.

let me just say that you're a dumb fuck, then follow by re-iterating
:

But then it'd just be worth 1$ yet they now have 5$ also you're neglecting the next stage where that imaginary 5$ is taken & split into another 25$ so now we have 25$ backed by 1$ but it doesn't stop there cause that 25$ will be taken & turned into 125$ still only backed by 1$ & this goes on & on until someone defaults & that OG 1$ turns out not to be much of a backing after all because all that $$$ turns out to be made from nothing after all... Now you know the basics of the GFC

this guy, this guy man.

[Akzle]

why bogan, do you cling so hard to the tenuous beliefs you hold? why do you struggle to think outside the box you've been put in? are you really old, and white? are you scared, bogan?

the boogey man's coming for you.

[yokel]

nooo, actually you (the borrower) 're the sucker. because before you give any sign(of your n)ature (such as that you are going to act as a corporation for profit) that money doesn't exist.
you think they're lending you something they have? fuck no. they create the money, under a capitus diminutio name, with that sign. if you don't sign the paper, that money doesn't exist.

You would be assuming I have any kind of personal debt, which I don't.
No car loan or student loan.
My assets far outweigh my debts

[oldrider]

You would be assuming I have any kind of personal debt, which I don't.
No car loan or student loan.
My assets far outweigh my debts

Are you saying that you don't hold a credit card either? Unusual today! ... gives banks opportunity to create money in your name!