Do you know how money is created?

pqdvdplayer

I don't mean physically, but do you understand the way in which the value of the money is actually created. I know exactly how, but I am just curious to see if people on here also know about the biggest scam known to mankind (not really, because the majority of mankind doesn't have a f*****g clue)

Aint Eazy Being Cheezy

No, but I hope I'm about to find out..

thelad95

This should be fun.

Nib

Jim, go to bed.

BonkeyDonker

I create it on my printer.

The Backwards Man

You're wrong.

Sorry to break it to you, but yeah, you're wrong.

brummytom

pqdvdplayer wrote:

I know exactly how

Oh, you tease

A Greedy Algorithm

Every time a virgin is broken in, 100 dollars is given to earth from God.

Witcher

Oh sage, reveal to us these secrets

KeithM89

It comes from the Tooth Fairy.

Turtwig

KeithM89 wrote: »

It comes from the Tooth Fairy.

Heh, comes.

It's something to do with the Rand Corporation, in conjunction with the saucer people under the supervision of the reverse vampires.

am i bovvered

By creating debt.... Do I win a prize, I could do with some extra cash !!

toastedpickles

Well when a mammy value loves a daddy value very much.......

delw

Couldn't give a shinny s**te how it was created but how do i create more because i don't have enough of it

Maximus Alexander

I know exactly how but you guys tell me first and then I'll tell you if what you say is right.

BonkeyDonker

Deleted User wrote: »

It's something to do with the Rand Corporation, in conjunction with the saucer people under the supervision of the reverse vampires.

But only when they are not filling up the secret compartments in aircraft with chemtrails.......

Amirani

Why do you think it's a scam OP? Do you not think it'd be a far worse situation if money creation didn't exist, and businesses and individuals not have any access to loans? That's what'd happen if banks were prohibited from "creating money".

Cee-Jay-Cee

OP I bet you haven't a f*****g clue how money is made and your just hoping someone will explain it to you! Well it won't be me....coz I don't know either.

knird evol

What you know Dvdplayer, is exactly what the shape changing lizard men want you to know. No more. No less. Enjoy your thralldom, puppet.

The Backwards Man

New car, caviar, four star daydream
Think i'll buy me a football team

pqdvdplayer

CJC999 wrote: »

OP I bet you haven't a f*****g clue how money is made and your just hoping someone will explain it to you! Well it won't be me....coz I don't know either.

Here's a video for the likes of you bit.ly/1lQCQIw

Witcher

There's always a video involved in these ****ty threads:pac:

pqdvdplayer

Blay wrote: »

There's always a video involved in these ****ty threads:pac:

Unfortunately, money creation is quite complex. It would take ages to type out a decent explanation and to be quite frank, most of you dense kids wouldn't understand it! A video is much more concise and saves you guys from stumbling over the same sentence again and again.

pqdvdplayer

CJC999 wrote: »

OP I bet you haven't a f*****g clue how money is made and your just hoping someone will explain it to you! Well it won't be me....coz I don't know either.

Do you really think I'd come here for some random fella to "explain it" to me! Wow, the mind boggles...

Witcher

pqdvdplayer wrote: »

Unfortunately, money creation is quite complex. It would take ages to type out a decent explanation and to be quite frank, most of you dense kids wouldn't understand it! A video is much more concise and saves you guys from stumbling over the same sentence again and again.

Aw 4 serius hunz?

yeah money is a scam thats why I barter cows and sheep for goods and services e.g my upc horizon is about two and half sheep a month!

pqdvdplayer

CJC999 wrote: »

It's a pity you aren't smart enough to post a proper link

It's a pity you aren't "smart" enough to comprehend the fact that being a new user on this website means do not yet have the ability to post a "proper link".

Amirani

pqdvdplayer wrote: »

It's a pity you aren't "smart" enough to comprehend the fact that being a new user on this website means do not yet have the ability to post a "proper link".

Why do you think money creation is a scam?

Witcher

Diego Simeone wrote: »

Why do you think money creation is a scam?

Some loon told him so in a video.

Cee-Jay-Cee

pqdvdplayer wrote: »

It's a pity you aren't "smart" enough to comprehend the fact that being a new user on this website means do not yet have the ability to post a "proper link".

Or you simply don't have the ability...

Anyway I'm away to watch the video to enlighten myself so then I'll be as smart as you, hopefully.

pqdvdplayer

Diego Simeone wrote: »

Why do you think it's a scam OP? Do you not think it'd be a far worse situation if money creation didn't exist, and businesses and individuals not have any access to loans? That's what'd happen if banks were prohibited from "creating money".

If the scam didn't exist, we wouldn't need loans. We could save our money and spend it where necessary. We wouldn't need to pay interest.

Rayne Wooney

The Rothschild reptilian family control it all apparently.. as I found out one early morning, bored, stumbling the dark reaches of the internet

pqdvdplayer

CJC999 wrote: »

Or you simply don't have the ability...

Anyway I'm away to watch the video to enlighten myself so them I'll be as smart as you, hopefully.

I highly recommend it

Maximus Alexander

pqdvdplayer wrote: »

I highly recommend it

Now that you understand how money is created, could you create some for me pls? Obviously I can't pay you for it, because that wouldn't make any sense, but I'd like... be really thankful and stuff. I'd do it myself but I'm too dumb to understand the video.

pqdvdplayer

Rayne Wooney wrote: »

The Rothschild reptilian family control it all apparently.. as I found out one early morning, bored, stumbling the dark reaches of the internet

That is a load of crap. Why would you believe that. It's just fractional reserve lending. Not some David Icke bogus

pqdvdplayer

Maximus Alexander wrote: »

Now that you understand how money is created, could you create some for me pls? Obviously I can't pay you for it, because that wouldn't make any sense, but I'd like... be really thankful and stuff. I'd do it myself but I'm too dumb to understand the video.

Stop trying to be sarcastic because you're failing. Watch the video or get off this thread because it clearly is not for you.

Maximus Alexander

pqdvdplayer wrote: »

Stop trying to be sarcastic because you're failing. Watch the video or get off this thread because it clearly is not for you.

I told you I tried to watch the video but I'm too dense for it. It's all big words and stuff. Pls hep.

punisher5112

Made in Ireland ?

The Jews ?

Toilet roll after its been used?

Some ink, a printer, press some additives and a secret ingrediant.

I have said too much.

pqdvdplayer

Look guys, put simply, the banks create money out of nowhere and lend it to us who work out asses off to pay it back with added interest. The banks then get the real money and the interest and we are left on our asses. The same happens with the government. When a new school needs to be built, they borrow money which has to be paid back by the taxpayer. It is a one way street, with all money eventually ending up at the bankers. If this isnt a scam I really don't know what is.

pqdvdplayer

Maximus Alexander wrote: »

I told you I tried to watch the video but I'm too dense for it. It's all big words and stuff. Pls hep.

Just stop trolling

Amirani

pqdvdplayer wrote: »

If the scam didn't exist, we wouldn't need loans. We could save our money and spend it where necessary. We wouldn't need to pay interest.

How many successful businesses do you know that operate without some amount of gearing?

How many people do you know can afford to buy a house without a mortgage?

How do you think our financial system would operate without just these 2 aspects? Credit is an efficient use of capital and money creation is exactly that. There's no need to leave money lying idle. If a bank knows that only 10% of people are going to demand hard currency, why bother keeping 100% available, it's massively inefficient?

Seaneh

It basically boils down to this.

Banks create money when they make loans.

The Bank of England are the first major financial institution in the world to admit this but Economists have been pointing it out for over a century.

The common percetion is that banks loan money they already have and then make a profit on the interest, this is untrue, they loan money they created the second they approved the loan AND get the interest.

http://www.bankofengland.co.uk/publications/documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

punisher5112

The banks. Ah now I would never have thunk of that.

Wow.


Thought I was right before.

Money makes the world go round.....

pqdvdplayer

Seaneh wrote: »

It basically boils down to this.

Banks create money when they make loans.

The Bank of England are the first major financial institution in the world to admit this but Economists have been pointing it out for over a century.

The common percetion is that banks loan money they already have and then make a profit on the interest, this is untrue, they loan money they created the second they approved the loan AND get the interest.

Finally, someone who understands!

Sir Arthur Daley

pqdvdplayer wrote: »

Finally, someone who understands!

You could have posted in a more appropiate forum for more serious answers.

pqdvdplayer

Diego Simeone wrote: »

How many successful businesses do you know that operate without some amount of gearing?

How many people do you know can afford to buy a house without a mortgage?

How do you think our financial system would operate without just these 2 aspects? Credit is an efficient use of capital and money creation is exactly that. There's no need to leave money lying idle. If a bank knows that only 10% of people are going to demand hard currency, why bother keeping 100% available, it's massively inefficient?

I'm not saying that borrowing should be completely stopped. But banks should only lend money that EXISTS and not create money out of thin air. This is the problem.

pq0n1ct4ve8zf5

Seaneh wrote: »

It basically boils down to this.

Banks create money when they make loans.

The Bank of England are the first major financial institution in the world to admit this but Economists have been pointing it out for over a century.

The common percetion is that banks loan money they already have and then make a profit on the interest, this is untrue, they loan money they created the second they approved the loan AND get the interest.

http://www.bankofengland.co.uk/publications/documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

Far too many long words and high falutin concepts there! If you want to explain it to people you're better off insulting people's intelligence for a page or two :pac:

pqdvdplayer

Sir Arthur Daley wrote: »

You could have posted in a more appropiate forum for more serious answers.

I was going to, but I realised that in a more appropriate forum, people would already have known. This forum would show me if "normal" people know about it, and clearly they don't.

Rayne Wooney

pqdvdplayer wrote: »

That is a load of crap. Why would you believe that. It's just fractional reserve lending. Not some David Icke bogus

They were sent from Alpha Zeon12 to teach our species about banking

Sir Arthur Daley

pqdvdplayer wrote: »

This forum would show me if "normal" people know about it, and clearly they don't.

Are you calling us thick?