Why housing costs are so ridiculously high

**flyingcrocodile46** · 8th February 2015, 16:05

Because banks make electronic money out of thin air and create inflation in speculative areas such as housing so they can make profits. True story, but don't believe me. Watch and learn. Nothing but the facts jack.

P.S to those unimaginative dupes who would point out that the documentary is about another country nothing like NZ. You are dead wrong. The basic formula is the same in nearly every country in the world. Sovereign countries that exercise 100% control over money issuance are all being bombed out of existence by the US and Nato.

Again, don't believe me.. watch and learn
Gaddafi The Truth About Libya- Documentary

See how Libyans standard of living was infinitely better than those of western countries who the central banks feed off.

Everything you think you know about how the world works is wrong.

**sidecar bob** · 8th February 2015, 16:11

So it has absolutely nothing to do with the cost of land, materials & labour?, plus supply & demand?
Well I'll be fucked!

**Mike.Gayner** · 8th February 2015, 16:14

Isn't there a thread here already for stupid conspiracy theorists to rant about nothing? Fractional reserve banking isn't hard to understand, but when you're as fucking stupid as someone like flyingcrocodile46 it's easier to dismiss the system as evil black magic than to try to grasp the basics.

**bogan** · 8th February 2015, 16:15

Originally Posted by sidecar bob

So it has absolutely nothing to do with the cost of land, materials & labour?
Well I'll be fucked!

I'm still stuck on the 'ridiculously high' bit. They're just not.

**Laava** · 8th February 2015, 16:35

You start a thread and post information, for the very people to read, that you also insult in the same post?
What kind of response are you expecting? I wouldn't read it on principle.

**flyingcrocodile46** · 8th February 2015, 17:04

Originally Posted by sidecar bob

So it has absolutely nothing to do with the cost of land, materials & labour?, plus supply & demand?
Well I'll be fucked!

Wow! A million dollar post....... If irony was worth $1 Kg.

This is as simple as I can make it (in a compressed illustration).... just for you... just this once.

If all the worlds historical goods services, properties, minerals etc put together was but 5 apples (the wealth of the entire world) and all the worlds money put together was a single $1 in hard currency. The apples can't be worth more than 20 cents each.

Now just imagine what happens to the price of the apples when the banks decide to introduce another $2 of electronic money to stimulate growth of the economy (but there is no increase in the number of apples).

Now imagine what happens when the very first thing the banks do with the new money (before anyone realises that the new money is in play) is to lend it to their best friends to buy 4 of those 5 apples at the established value of 20 cents each? Even if they pay 50 cents each, their friends end up with ownership of 80% of the worlds wealth.

What occurs is that the apples value is soon recognised by the market to be 50 cents each and that it has been swindled out of 80% of the worlds wealth.

What is really happening in the world is the same as above but scaled down over a several decades of boom and bust cycles to disguise the thieving.

**flyingcrocodile46** · 8th February 2015, 17:05

Originally Posted by Mike.Gayner

Isn't there a thread here already for stupid conspiracy theorists to rant about nothing? Fractional reserve banking isn't hard to understand, but when you're as fucking stupid as someone like flyingcrocodile46 it's easier to dismiss the system as evil black magic than to try to grasp the basics.

Only a complete ignoramus would identify historic fact as a conspiracy theory.

**nodrog:Me** · 8th February 2015, 17:09

My name is Jeffy and I like apples.

**jasonu** · 8th February 2015, 17:12

Originally Posted by flyingcrocodile46

Wow! A million dollar post....... If irony was worth $1 Kg.

This is as simple as I can make it (in a compressed illustration).... just for you... just this once.

If all the worlds historical goods services, properties, minerals etc put together was but 5 apples (the wealth of the entire world) and all the worlds money put together was a single $1 in hard currency. The apples can't be worth more than 20 cents each.

Now just imagine what happens to the price of the apples when the banks decide to introduce another $2 of electronic money to stimulate growth of the economy (but there is no increase in the number of apples).

Now imagine what happens when the very first thing the banks do with the new money (before anyone realises that the new money is in play) is to lend it to their best friends to buy 4 of those 5 apples at the established value of 20 cents each? Even if they pay 50 cents each, their friends end up with ownership of 80% of the worlds wealth.

What occurs is that the apples value is soon recognised by the market to be 50 cents each and that it has been swindled out of 80% of the worlds wealth.

What is really happening in the world is the same as above but scaled down over a several decades of boom and bust cycles to disguise the thieving.

But why are the banks buying apples?

**flyingcrocodile46** · 8th February 2015, 17:15

Originally Posted by Laava

You start a thread and post information, for the very people to read, that you also insult in the same post?
What kind of response are you expecting? I wouldn't read it on principle.

I know exactly what to expect. Many are too scared to confront reality. The truth is that they don't need a pretext to shut their eyes, but it makes them feel better when there is one.

I'm just being a nice guy and providing cowards a way out without looking like the total pussy that they are.

**Laava** · 8th February 2015, 17:23

Originally Posted by flyingcrocodile46

I know exactly what to expect. Many are too scared to confront reality. The truth is that they don't need a pretext to shut their eyes, but it makes them feel better when there is one.

I'm just being a nice guy and providing cowards a way out without looking like the total pussy that they are.

Not a people person huh?

**flyingcrocodile46** · 8th February 2015, 17:30

Originally Posted by Laava

Not a people person huh?

It's the peoples fault. They remain ignorant out of choice and effectively sanction everything wrong when they remain silent. Bankers do what bankers do because the people allow it. It's your fault. You and your apathy.

**Laava** · 8th February 2015, 17:34

Originally Posted by flyingcrocodile46

It's the peoples fault. They remain ignorant out of choice and effectively sanction everything wrong when they remain silent. Bankers do what bankers do because the people allow it. It's your fault. You and your apathy.

How the fuck would you know? You don't know me! Seems you are the ignorant one here.

**bogan** · 8th February 2015, 17:37

Originally Posted by flyingcrocodile46

Wow! A million dollar post....... If irony was worth $1 Kg.

This is as simple as I can make it (in a compressed illustration).... just for you... just this once.

If all the worlds historical goods services, properties, minerals etc put together was but 5 apples (the wealth of the entire world) and all the worlds money put together was a single $1 in hard currency. The apples can't be worth more than 20 cents each.

Now just imagine what happens to the price of the apples when the banks decide to introduce another $2 of electronic money to stimulate growth of the economy (but there is no increase in the number of apples).

Now imagine what happens when the very first thing the banks do with the new money (before anyone realises that the new money is in play) is to lend it to their best friends to buy 4 of those 5 apples at the established value of 20 cents each? Even if they pay 50 cents each, their friends end up with ownership of 80% of the worlds wealth.

What occurs is that the apples value is soon recognised by the market to be 50 cents each and that it has been swindled out of 80% of the worlds wealth.

What is really happening in the world is the same as above but scaled down over a several decades of boom and bust cycles to disguise the thieving.

So, are the houses made of apples?