Originally posted by Alverine
Lol, I was thinking wtf is this thread about?
Was thinking the same
Also I'm sure the debt ceiling will be raised since it has been raised every couple years for the last 50.
Originally posted by Alverine
Lol, I was thinking wtf is this thread about?
Was thinking the same
Also I'm sure the debt ceiling will be raised since it has been raised every couple years for the last 50.
There is some serious lack of understanding here.
The US dollar is not worth the paper it's printed on.
Buy silver, buy gold. End of.
Originally posted by swissmoumout
problem is, when you give money directly to the people, it'll take some time before getting back into the economy (they won't spend it all the day they get it). On top of that, people are buying less these days, because of the bad economy, so it wouldn't work half as well as investing that trillion into the banks. But it has been done in the past, giving people money works very well to get the economy going
This is maybe the best. Investing in banks? You're joking right? The banker bailout was quite simply the biggest robbery in world history.
Taxpayers paying to bail out the banks that lend them imaginary money to buy their homes, then charge them the same amount as the loan over 20 years? These people need bailing out? It's laughable.
Do you folks even realise that when you take a loan, or mortgage, or credit card....the banks are not lending you anything?
They create the "credits" on your account out of thin air, by book-keeping entry, then charge you interest to pay it back to them.
Three words: fractional reserve banking.
That's what you need to understand. Don't even get me started on derivatives. The banks have one agenda, one strategy....to acquire every molecule of property on earth....and they don't pay a penny or work a day for it.