Stupid World

[oldrider]

But we both know you don't like it when people provide services and charge for them, so that does somewhat explain your view.

That remark could not be further from the truth FFS - what on earth do you base that on?

[Katman]

- what on earth do you base that on?

His autism.

[Brian d marge]

A: anyone who will honour their promissory note.

And yes, I know they won't actually exchange it for gold anymore.

And yes, I know Breton Woods was the end of your world.

But, see, out here in the real one; a dollar is simply a marker for a unit of value, nothing more, nothing less, and definitely not a conspiracy to defraud fuckwits of anything they may or may not deserve.

All clear now?

Yes you are right , but you actually havent said anything

promissory note , yes you can discharge debt using this technique , Student loans , gone in a bit of blue ink ....

try it , see how you go !

bretton woods has got what to do with the question of where currency comes from exactly ?

and currency , in this case the dollar does indeed become a marker of value , debt ,

the question still is there and will not go away , because you havent answered it
This note is legal tender for all debts public and private

printed very clearly on the note ......

so round 2;.
where does currency come from ?

[Akzle]

......

so round 2;.
where does currency come from ?

Ooh ooh ooh, pick me!

.."a bank fairy's bumbum" teehee.

[mashman]

Q , Where does currency come from?

Notes or coins

[Ocean1]

Yes you are right , but you actually havent said anything

promissory note , yes you can discharge debt using this technique , Student loans , gone in a bit of blue ink ....

try it , see how you go !

bretton woods has got what to do with the question of where currency comes from exactly ?

and currency , in this case the dollar does indeed become a marker of value , debt ,

the question still is there and will not go away , because you havent answered it
This note is legal tender for all debts public and private

printed very clearly on the note ......

so round 2;.
where does currency come from ?

Are you saying you can't discharge a student loan by paying it down in cash?

It's your everyday argument against everything economic: They fucked up at Breton Woods.

Yes I know, that's what I said.

And the answer is perfectly valid: anyone who will honour their promissory note.

[Akzle]

.

And the answer is perfectly valid: anyone who will honour their promissory note.

ja hae. but what's the promise eh?

it's a promise to pay. it's not actually payment, ehh.

you tender a promise to pay, backed by quini's signature, ehh.

why don't you just pay, ehh. isnt there any money?

[TheDemonLord]

That remark could not be further from the truth FFS - what on earth do you base that on?

Your dislike of Bankers (who provide a service and charge for it) for a start.

[oldrider]

Your dislike of Bankers (who provide a service and charge for it) for a start.

I do not dislike bankers I dislike what they currently do that they should not!

Bankers generally are very efficient but they charge and control more than they should because we (the electorate at large) gave them permission to do that!

The bankers create and lend new credit as an interest bearing debt and lend it back to our governments as if it was their own!

That is an unnecessary service and charge! - the bankers didn't even steal this right, our stupid politicians in their ignorance gave the privilege to them FFS!

This needs to be taken back from the bankers control and reinstated with the government for the people by the people but our governments are afraid to do it!

[Brian d marge]

Are you saying you can't discharge a student loan by paying it down in cash?

It's your everyday argument against everything economic: They fucked up at Breton Woods.

Yes I know, that's what I said.

And the answer is perfectly valid: anyone who will honour their promissory note.

Do you even know what a promissory note is?

Cash is just one manifestation

Breton woods has nothing to do with where currency comes from , it was agreed at Yalta . But planned long before, but has nothing to do with currency creation

And as I said try paying ur student loan with a promissory note ..cash if you like , but the question still remains,
.

Where did that cash come from

Round 3 .

Beginning to think that you actually don't have a friggen clue ....


sent for a divine source

[Brian d marge]

I do not dislike bankers I dislike what they currently do that they should not!

Bankers generally are very efficient but they charge and control more than they should because we (the electorate at large) gave them permission to do that!

The bankers create and lend new credit as an interest bearing debt and lend it back to our governments as if it was their own!

That is an unnecessary service and charge! - the bankers didn't even steal this right, our stupid politicians in their ignorance gave the privilege to them FFS!

This needs to be taken back from the bankers control and reinstated with the government for the people by the people but our governments are afraid to do it!

3 people I know of have tried to do that , wrestle control of the currency back from the bank

All three had a massive headache

sent for a divine source

[Akzle]

.

Beginning to think that you actually don't have a friggen clue ....

*beginning*?? your a bit fucken slow mate...

[Akzle]

3 people I know of have tried to do that , wrestle control of the currency back from the bank

All three had a massive headache

sent for a divine source

6.5mm headache ehh

[Brian d marge]

*beginning*?? your a bit fucken slow mate...

I'm not noted for me agility ...

[TheDemonLord]

I do not dislike bankers I dislike what they currently do that they should not!

That they should not do, however - is your opinion.

Bankers generally are very efficient but they charge and control more than they should because we (the electorate at large) gave them permission to do that!

Who are you to say what they should and shouldn't charge? - remembering I made the observation that you don't seem to like people charging for their services - and here you are (as part of your refutation of this) complaining about what they are charging for their services.

The charge that they are able to levy is directly relational to the value, functionality and efficiency that they provide to us the electorate.

In short - we give them permissions because currently they are the best system that works for us.

The bankers create and lend new credit as an interest bearing debt and lend it back to our governments as if it was their own!

Which helps with Money velocity, improves the growth of the economy, encourages investment and speculation and also helps you and I pay for the things that we wish to own.

That is an unnecessary service and charge! - the bankers didn't even steal this right, our stupid politicians in their ignorance gave the privilege to them FFS!

Again - in your opinion, I contend that this method of operation has been beneficial both to the end user and the Banks - sure there have been hiccups along the way (not saying the system is 100% perfect and will never say that) but overall it is a fairly resilient system that provides us (the end user) with the functionality that we require.

This needs to be taken back from the bankers control and reinstated with the government for the people by the people but our governments are afraid to do it!

Only if you accept your premises (which I don't) - and besides - if you want to take the power back, it's simple:

Create a better system that will work in the real world and with real people.

Unfortunately its that last caveat that all the alternative systems and theories fail miserably at - namely they are all based on Marxist principles which are wonderful in theory - except for the fact that it doesn't work with Humans.