/biz/ - Business & Finance

>>49733104
Private commercial banks create 99% of the money supply out of nothing:
https://positivemoney.org/how-money-works/proof-that-banks-create-money/
https://www.sciencedirect.com/science/article/pii/S1057521914001070

>>49733186
So is the Fed then lending money to commercial banks in order to create the cash they lend out, at interest, which creates money?

>>49733104
Bonds go up, dollar goes down.
Dollar goes up, bonds go down.

>>49733104
infinite money glitch, basically

>>49733327
Yes often they do
See repo markets as recent example
Toxic asset purchase programs too
The fed exists to charge the treasury interest on every $ created
The treasury issues t-bills or treasury bonds that guarantee payment by the us tax payer
The fed buys those bonds with dollars it created from nothing

This anon is right>>49733186
I’ve read 90% not 99% but most money creation is private banks without reserve requirements

>>49733104
>issuing bonds
The US Congress passes a bill that orders the US Treasury to issue bonds. These are then submitted to the Federal reserve.
The Federal reserve bank then "prints dollars" using these bonds as collateral. This is the real swindle; it charges interest on the reserves it loans to other banks and then to the debtors because it holds these bonds. IT is allowed to do this because the government creates a financial instrument that deliberately forces the debtor to have to pay interest to the government via taxes so that the government can pay back the loan to the federal reserve.
The government obligates itself to pay interest to the Federal Reserve on behalf of the people, because there is no political will in order to stop this (and also because jews and WASPs killed JFK and they want every white Catholic in government to know that they can get away with it if they so choose).
Hence, the national debt weighs on peoples' heads. It could have long ago been repudiated on the grounds that usury is an immoral act, which, once institutionalized, enslaves entire countries and even civilization. But that is the point, to enslave and control people because the families of the ruling class depend on creating a system which normal people don't understand and just accept and work. This board and the people on /pol/ and /g/ are betting on the idea that we on the internet could create a technological advancement that accelerates us out of their grasp and into a better future, if only we wouldn't be so goddamn distracted by drugs, video games and porn.

>>49733104
The Fed creates money out of thin air and uses that money to buy US Treasury bonds from the US Treasury. Then the US government spends that money, which is how it enters the economy and causes inflation.

>>49733510
So we're basically collateral on every dollar?

>>49733536

>>49733424
>infinite money glitch
basically this, but in fact slavery with extra steps.

>>49733327
Commercial banks are also allowed to create money out of thin air when they make new loans to consumers. Read this book if you don't believe me.

>>49733604
Or read this book if you are more of a lefty.
But it covers the same material.

>>49733510
Based

>>49733104
by turning on the printer faggot

>>49733551
Pic related, but with the potential out that we could vote ourselves out of this if there was a president who also had a secret private army and was brave enough to play chicken with the entire ruling class of the united states and the media that it controls.

>>49733681
We're just about ready for such a person. Sadly, none of the chucklefucks out there seem up to it.

>>49733681
Not going to happen
DARPA has a tight control on presidential candidates using time machines
They’ll go into the past and assassinate anyone who tries to challenge them

The answer is to decentralize power.
No leaders at all

>>49733327
>So is the Fed then lending money to commercial banks in order to create the cash they lend out
No. Individual private banks create money out of nothing every time they make a loan.

All the Fed can do is encourage/discourage such private bank money creation via manipulating the overnight rate (aka the fed funds rate).

>>49733806
>Time machine
>decentralize power
lol you are retarded. The only way any change will happen is if an individual amasses enough power and ability in order to challenge the ruling class like Caesar, Napoleon, or Hitler. Great men with clear vision and conscience, who truly serve the people and lead them to victory.
This way the parasitic merchant classes will be swept away and true order will be reestablished, and knowledge and resources will be deployed to create a society that actually advances and doesn't condemn its children to slavery and oblivion.

>>49734158
>come save us daddy
You’re pathetic
Stop looking outside for someone to save you
You can only save yourself

>>49733104
Thread is kiked from top to bottom

>>49733510
Uh... why don't they just pay for treasury expenditure with taxes. Is it just to 'live outside their means'? If so that's FUCKING retarded. Holy shit. I get fractional reserve lending to an extent, but the government taking on debt to pay for its operational costs when it has taxpayers is insane.

whats up with all the "banks create money out of thin air" shills

>>49734278
>Stop looking outside for someone to save you
Ok sure, I know that
>You can only save yourself
I intend on saving more people than just myself, you selfish asshole. I simply know that a vision and the means to achieve it need to be fully grasped by at least one man in order to be properly implemented, and that means that you need people who aren't lazy, selfish or shortsighted.
>>49734574
>Uh... why don't they just pay for treasury expenditure with taxes. Is it just to 'live outside their means'? If so that's FUCKING retarded. Holy shit. I get fractional reserve lending to an extent, but the government taking on debt to pay for its operational costs when it has taxpayers is insane.
I am simply explaining the operational steps of the way debt is taken on by the federal government in order to issue currency. (((The usual suspects))) and their willing dupes are the ones implementing this.
Also, the taxes are too low to properly service the debt in order to keep inflation down and the strength of the dollar high enough to be a good store of value. We are entering the stage where people are risking fines and prison time, literally growing weed in the driest Californian deserts and Nevadan salt flats, to somehow 1920's prohibition themselves to a form of middle-class subsistence. It all looks like fucking cartels and triads, but the point is that there is so many busts and so much overhead that is supposed to be paid in taxes, that people are going full illegal because they don't have the resources to fully follow the law.
https://www.mercurynews.com/2022/05/24/11-charged-in-massive-underground-illegal-marijuana-grow-found-in-mojave-desert/
https://www.youtube.com/watch?v=5jTjYFp0zlM

>>49733510
>>49733681
>>49733741
>>49734361
have sex

>>49733104
>How does the Federal reserve actually create money?
https://www.youtube.com/watch?v=GM-e46xdcUo

>>49735433
continued
https://www.youtube.com/watch?v=mrdG8Zd5zzg
There was also this bust, where the total weed seized was worth over a billion dollars on the street. We are fucked if this state of affairs is playing out as such, because the government cannot raise the money in order to service its debt, and the US is literally coasting on the reputation and technology of generations prior. It doesn't have the technical capacity nor the political will to disassemble the banking cartel that is currently strangling the ability of the American people to grow, thrive and innovate.
>>49735461
>have sex
have kids, tranny. Hard mode: don't molest them into becoming gay or trans

>>49735433
You’re a cu ck who probably fell for the trump meme
No politician is going to save us
What a fag

>>49735461
there is literally nothing correct about a private bank issuing non-secured credit to a sovereign government and charging that government interest on that credit.

>>49735433
>the taxes are too low to properly service the debt in order to keep inflation down and the strength of the dollar high enough to be a good store of value.
What this mean?

>>49736293
The government doesn't just print money and use it for the military and for dem programs. It first has to go through the Federal reserve, then the bank, and finally it is loaned out to people and companies. These are loans that *need* to be repaid by the people for the whole racket to work.
Then a portion of it is taxed by the government and used to run the government services, like mail and military and finally things like farm and oil subsidies, food stamps and social security. The remainder is then supposed to be spent on servicing the debt that the US treasury has towards the federal reserve. Remember, all these taxes need to be paid in US dollars (or gold: this used to be the case a long time ago, but after Bretton Woods it was all fucked)
The order in which happens is very important. These taxes are supposed to force people into using US dollars issued by the federal reserve in order to make them participate in the US economy, by making them do something "economically useful," which is anything people will pay money, i.e. US dollars for. The gold part I mentioned was to keep the government from expanding the money supply too quickly. But this was an unwelcome curb on the new ruling class of the United States. Why?
Remember the order in which the money is enacted and spent, then taxed and paid to the fed to be destroyed? This particular sideshow is meant to hobble the government against unilateral action, not by the Constitution, but by the federal reserve and the corporate media, especially towards the propertied ruling class by any sort of mass political action of the people. IF the government decides that it doesn't want to pay down the debt anymore and forcibly dissolves the Fed, all the (((media))) are going to scream bloody murder on par with muh 6 gorillion. Furthermore, prior to Russia's invasion of Ukraine and the forcing by Putin to sell oil in rubles, the whole oil trade was denominated in dollars, especially Saudi oil.

>>49736721
continued
This means that Saudi Arabia, using the US dollar and American weapons, was able to dominate the middle east and force their issues on the rest of the islamic world, forcing hardline Wahbbist Islam and causing problems for Iran,especially after the whole Iran affair where they decided to step to America. Hussaein and Ghaddafi were also removed for the same reason: as sovereign heads of state, regardless of their size, they were trying to bypass the sale of strategic assets internationally.
Now the US, UK, EU, the west generally, all subscribe to a sort of "rules-based international order," where though "treaties are kept," America has the final say through the control of essentially world accounting. This was further cemented through the invention and development of the internet and electronic communication networks, allowing the US to do business faster than anyone.
This has been true up until Putin decided to back the ruble with Russian oil. Although America still has weapons and a "working government," it is in practice nothing more than a dead woman puppeteered by her cats using her credit card to buy cat food, because dead woman guts are tasty only for so long. This is made apparent through the legalization of and subsequent general apathy caused by the metastatic spread of American drug and media industries, especially weed, pornography and video games, through the internet.

>>49736977
continued
Oddly enough, internet users has developed and popularized two or three other clever solutions to the whole problem caused by American apathy and the cravenness of its politicians towards hostile world elites, intelligence agencies and various forms of mafia.
While it tries to regulate out of existence any other rival accounting of strategic assets (i.e. America would not tolerate oil to be traded in anything besides dollars) it cannot risk another world war with a comparative power like Russia or China, or Russia AND China together, so it fights proxy wars by sending weapons to other countries and training them as users, but not necessarily autarkic producers of these weapons. This has been rendered moot through the development and mass deployment of cryptocurrency, massively distributed small-scale numerical manufacturing of various objects, including but not limited to firearms for personal defense, and commercial drones, which themselves have been demonstrated to be weaponized by third-party standalone actors the world over.
Each one of these listed technologies, their respective technological foundation, and the right to their propagation via transmission over the internet, has been developed and even by process rendered statutorily and Constitutionally inviolate, at least for American citizens. This has been done to the point of allowing their mass deployment the potential to render totally inoperable any sort of enforced censorship of information or commerce, or even government itself. This is also why Americans have developed such a huge police state; it is deathly afraid of people realizing that they can do this and becoming sovereign unto themselves and challenging the police state on par technically, and especially in its very heart.

>>49733104

>>49733104
its the banks that create the money through loans, which increase the money supply. The fed is just to regulate it all and bail out banks when they fuck up

>>49736721
>>49736977
>>49737180
You have to be on meth to expect me to read all of that

>>49736721
>>49736977
>>49737180
can you summarise this to a level that a neurotypical human being can get through in less than an hour

>>49737180
continued
Lots of people are really angry at the mismanagement of the current government, and are defecting in place. Holes in the political narratives are appearing, norms are being violated, and secrets are spilling voluntarily, like those done by Bradley Manning and Julian Assange, or involuntarily, like those of Jeffrey Epstein, Ghislaine Maxwell and Hunter Biden.
As the connections these secrets reveal become assembled and connected, the corruption becomes too big to ignore and people start losing respect for their government and start assembling in secret to create new forms of it in a more idealized way: we see it in the ideological split that is being stoked by the various media outlets; they are trying to divide the radicals on fine ideological grounds in order to prevent an uprising.
Ultimately, if this doesn't stop, these will turn ugly and violent really soon, and we will soon see ex-military and ex-bureaucrat types, who used to believe in the system, turn Uncle Ted and go full school shooter, and some of these will be big enough to have nukes, not unlike an internal Putin.

>>49733104
They turn on the printer

>>49737311
>can you summarise this to a level that a neurotypical human being can get through in less than an hour
>>49737307
>You have to be on meth to expect me to read all of that
https://www.youtube.com/watch?v=bFtcLJVN8yg

>>49737366
what the fuck does stoner nigger family guy have to do with the Fed?

>How does the Federal reserve actually create money?

They don't.

They print numbers on paper. That is money.

>>49737397
>what the fuck does stoner nigger family guy have to do with the Fed?
IT means you should read, nigga, read.
Realize that your mind and senses are besieged to the point of stupefied numbness because you don't have the capacity to read something not even long enough to be a high school research paper.
If this causes you trouble, how the fuck are you going to realize your full potential; how are you going to develop the capacity to do something as pedestrian as read page-long output logs from a linux daemon in order to debug it, because you have millions of dollars on the line for a client.
People like these are starting to wake up to the fact that they are being horribly abused, and you depend on them to keep the world running. It only took one engineer to paralyze San Francisco's traffic grid, pray someone else doesn't do the same.

>>49737514
Stop doing stimulants bro

>>49735461
on it

>>49735588
having kids is overrated, at this point I would settle for nfts of kids that can gesture correctly, I think if lace can manage to do that with his nfts it could be a good alternative to being a parent.

>>49733104
WHERE IS THICK PINK LINES ANON?

>>49738993
he was right in the end it seems

Do commercial banks actually spawn new money themselves or do they loan it from the FED @ FED interest rates who in turn spawn it out of thin air?

>>49733104
for every child born the bank create a sum of money per-kid.
after 18 years they continue to create that sum of money but is not going to the child

I forgot about thick line anon. Hope he's okay

>>49734158
The 3 greatest men in European history, and they all had the E1b1b1 Y-haplogroup.

Really makes you think

>>49739139
They spawn it themselves when they make a loan. No reserve requirement. Literally just like adding numbers on an excel sheet.

>>49739139

Commercial banks create money. FED creates bank reserves (not money.

>>49734574
it's all a theatre
Whether you view the FED as a puppet of the government or the government as a puppet of the FED, it doesn't change a thing, it's just a sleight of hand. If the government would issue the currency directly without the FED as an intermediary, the results would still be the same if the government were spending over its means which it would because wars and unfounded liabilities due to demographic decline.

>>49733186
that's easy to undesrtand, what's harder to take in is that paying back debts destroys money on the other hand