--banks, starting with central banks on down, ARE one of the biggest scams running. Start with the premise they can "loan" you money-called fractional reserve, ie, they only have a fraction of what they can claim as a reserve- they don't have, then charge you "interest" on it. Sweet deal for their fat tushies.
Governments like to own the "money" because of the lawful thievery that goes along with this "central banking" and "tax" scam. Big bankers run the world, run the wars, finance all the sides. bah humbug, filthy creatures. Back a long time ago the founders flirted with paper money, it was a disaster (not worth a continental), they went back to precious metals based money, that worked until they switched again.
People who love fiat money also really believe that they can pick any day and the high numbers represented by the 'stock market' figures are all magically "worth" all this money and all this "stock" can all be changed into "money" that can purchase goods and services. I mean buck for buck,, like all the stock could be cashed in/sold at once and be "worth" what they are quoted at that day, ALL of it.. Past bubble I can't tell ya how many people I talked to who put x cash in, their magic beans dot bomb stock went to x3, then they "lost money", like every single one of them somehow could have gotten this high point "money". Just amazing, pure fairy tale, but so many so called adults still believe this.
It don't matter, people who can understand the difference between "wealth" and "money" will continue to do well, people who won't will one day wake up "bankrupt" and wonder why it happened when they were "rolling in dough" before, and "all set" with their "secure job".
People really have only two choices when it comes to learning from history, they "do" or they "don't".
Banks (Score:1)
Shit, when banks take up more than half of the top 10 most profitable companies you know something is up.
Plus, how do they justify raising simple banking fees EVERY year? Debit, no thanks, I'll use my CC's which don't cost me a dime.
While I'm at it, I'd really like to stop writting checks. Be your own bank, stock your pillowcase!
Re:Banks & usury (Score:1)
Governments like to own the "money" because of the lawful thievery that goes along with this "central banking" and "tax" scam. Big bankers run the world, run the wars, finance all the sides. bah humbug, filthy creatures. Back a long time ago the founders flirted with paper money, it was a disaster (not worth a continental), they went back to precious metals based money, that worked until they switched again.
People who love fiat money also really believe that they can pick any day and the high numbers represented by the 'stock market' figures are all magically "worth" all this money and all this "stock" can all be changed into "money" that can purchase goods and services. I mean buck for buck,, like all the stock could be cashed in/sold at once and be "worth" what they are quoted at that day, ALL of it.. Past bubble I can't tell ya how many people I talked to who put x cash in, their magic beans dot bomb stock went to x3, then they "lost money", like every single one of them somehow could have gotten this high point "money". Just amazing, pure fairy tale, but so many so called adults still believe this.
It don't matter, people who can understand the difference between "wealth" and "money" will continue to do well, people who won't will one day wake up "bankrupt" and wonder why it happened when they were "rolling in dough" before, and "all set" with their "secure job".
People really have only two choices when it comes to learning from history, they "do" or they "don't".