/biz/ - Business & Finance

Is this water fucked up?

>>50720739
Delete this antisemitic post right now

>>50720739
Money is loaned into existence and destroyed by paying down debt or taxes.

The Bank of England admits that private banks create new, digital money when they issue loans.

You can find their admission in their 2014 paper called, "Money Creation in the Modern Economy."

>>50720787
You got the first half correct, but second part is wrong. Money paid in taxes usually only pays INTEREST on the government debt but does not pay down the principal.

You should be asking: where does the money come from that governments borrow? Answer: Banks create new money out of thin air to lend to government.

>>50720739
fucking nazi conspiracy theorist

Here's an admission from the Library of Congress. They admit that banks create new digital money out of thin air. So why are 99% of people unaware of this?

>>50720739
>>50720741
>>50720761
>>50720787
>>50720789
>>50720834
>>50720835
So what's the difference faggot?
>my shit centralized toilet paper currency is produced by private banks and not the government oh no!

>>50720739
>the entire money supply is created by private banks
the fed creates a lot of money, although far from all money. it's a private bank so your statement is not actually incorrect although what you meant is incorrect

Here's an admission from the NY Fed from 1966. They openly admitted that all money in capitalist and communist countries was created by private banks.

So why do less than 1% of the population understand this?

>>50720899
How does that work? Break down for me like I'm a golden retriever

>>50720880
The 12 Federal Reserve Banks are privately-owned corporations. They are owned by their member banks. And YES, the 12 Fed banks have money-creation powers.

But all banks have money creation powers. When you get a car loan, credit card, or mortgage loan, the bank creates new digital money out of thin air to lend you (after you sign the loan contract). Banks make billions of dollars in profit for lending something they never had to begin with.

Why are 99% of people unaware of this?

>>50720943
correct. most people are unaware because the whole banking system is a fraud and its continuancy is dependent on people not understanding it, so education and media makes sure people never learn the truth

i do think the proportion of money that is central bank created has risen a lot in the last couple of years, ever since quantitative easing really but it accelerated a lot since 2019 when the fed drastically increased its buying of bonds

they also buy up the stock market, did you know they have a trading desk at the fed?

>>50720739
If people understood how money works, there would be revolution, and the replacement would be a more complicated system that most people don't understand. It's natural selection. a system that thrives by enslaving people cannot exist when people understand it. It has to adapt

>>50720899
>So why do less than 1% of the population understand this?
Why is this such a big deal?
I feel like i'm back in 2010 with youtube and the internet filled with videos about "GUYS MONEY IS MADE BY PRIVATE BANKS OH FUCK OH GOD".

>>50720932
Government forces us to use dollars to pay for taxes, fines, fees, licenses, and to settle our private contracts (legal tender laws). But government does not create any dollar; ONLY private banks create money.

The money created by banks is a bookkeeping entry. 100 years ago, it was all written down on an account ledger. Today the new bank-created money (aka "bank credit") is all created and stored in bank-owned computers.

For a detailed explanation of the simple mechanics, I recommend this 10 minute video by Professor Richard Werner: https://www.youtube.com/watch?v=3N7oD5zrBnc&t=60s

more proofs at:
bank LIES dot ORG

>>50721000
It matters vitally because we are all enslaved to private bankers.

And just because you learned it in 2010 on youtube doesn't mean anyone else knows.

And BTW, there was no shadow-banning in 2010. Nowadays, any video on youtube mentioning the bank-created money scam gets buried.

Quit being an arrogant know-it-all and get to work spreading the word. We CAN abolish this system, but we need tens-of-millions of people to learn it exists.

>>50720868
Both are sides of the same Jewish coin. No fundamental difference

>>50720982
Yes, the private bankers have their tentacles everywhere. The exclusive ability to create all the money gives them incredible power to control government and rig markets.

But their source of power is also their Achille's heel. The system is so simple and so evil that even a first grader with learning disabilities can understand that it must be destroyed.

The bank-created money scam CAN be abolished, but only after we awaken tens-of-millions more people to its existence. We CAN and MUST do everything in our power to return to a debt-free, interest-free money system.

>>50721068
They even made an animation, i miss the old youtube: https://www.youtube.com/watch?v=H4XL8s1BEdk

Btw my biggest concern is not that currency is private, my problem is currency is something centralized, doesn't matter if it's private printed or not, they made the printing a private thing to stop governments from abusing it from what i know.

>>50721190
In my experience, most Jews are just as unaware of the money system as Gentiles. You can find countless stories of Jewish business people who've been ruined by unpayable bank debt. And of course there is the story of Israel's financial crisis in 1979 (almost a hyperinflation). Jews are victims of the system just like the rest of us.

And blaming everything on Jews ruins your ability to communicate to most people because they will assume you're a racist, anti-semite and won't listen to you.

Better to focus on the simple truth of the scam, which everyone hates: PRIVATE BANKS CREATE ALL MONEY, NOT GOVERNMENT!

>>50720739
Because central bankers would be out of a job. Imagine if you play the world dominating villain and it turns out you're just running a huge con. Central bankers are practicing the modern day equivalent of rain dances. Yeah they can raise interest rates but lowering? You hit 0% and the central bank is finished, it's out of a job. QE is just some desperate last ditch attempt to simulate activity but you can't force private banks to lend out money. Reverse repo is also just another stupid magic trick. The central banks need to invent ever more complicated vodoo shit to keep audience hooked on the magic tricks.

>>50721208
Most of those Youtube videos that still exist are incorrect and are spreading further disinfo. They push a fake description called "Fractional Reserve Lending." It doesn't exist now and hasn't existed since 1933.

Fractional Reserve Lending pretends that banks have the money waiting in an account before the borrower arrives. But in truth, the banks create new money to lend AFTER the borrower signs the loan contract.

Richard Werner disproved the fake, Fractional Reserve" model in 2014.

Also- centralized or decentralized doesn't matter. All that matters is that the money supply must be debt-free and interest-free. It can be silver coins issued by the US Treasury, Barrel of Whiskey created by private breweries, or wooden tally sticks like those issued by King Henry I of England in the year 1100.

Here's more proofs for your viewing pleasure:

1979 NY Fed publication admits that banks create new money AFTER the borrower signs the loan contract. This new, digital money is called "customer deposits" and "demand deposits".

>>50721488
Checked.

Here's a terrifying admission from the US Treasury: The money used to pay interest on a loan has been created somewhere else in the economy as another loan.

In other words, we are trapped in a system of endless debt to private banks! Only a few escape, but most of us will be paying interest until we die; interest paid for borrowing money that the banks create out of nothing!

Final proof for today: The US Treasury admits that all money is created by private banks.

"The actual creation of money ALWAYS involves the extension of credit by private commercial banks." - US Treasury Assistant Council Russell Munk, 1982.

>>50721422
Do you have some material to share? i want to know more.

>>50720741

>>50720787
How does that work

>>50720739
What difference does it make? You're a slave to them either way and there is NOTHING you can do about it.

>>50721068
>It matters vitally because we are all enslaved to private bankers.

Almost. Banks take a cut so they benefit from the system and since their cut is independent of the financial capital they possess, aka it is a function of the financial capital they manage, they are one of the biggest beneficiaries. However, remember that banks pay interest to depositors. This means we are also enslaved to the rich.

>>50721578
Everything is available at bank LIES dot ORG

Videos of professors speaking, admissions by US government, admissions by Federal Reserve, Court Cases, and Empirical Study by Richard Werner in 2014.

Welcome aboard! Hope you help spread the word. We CAN abolish the bank-created money scam peacefully, but only if we can wake up tens-of-millions more people. Sooner or later we'll find and awaken the "NEO" superhero who will run this thing in for a touchdown. Maybe it is you?

>>50721658
You completely missed the point. Banks do not need customer deposits to lend; banks CREATE all deposits when they issue loans!

>>50720739
this is the most easy to understand book I've found, free download
https://twitter.com/savetheworld141/status/1503818153805164550?s=21&t=sjPK-7stfgZgcWzOMdlPGg&fbclid=IwAR15vSJh3gBzIynGG-Ei0rOTs3YxAaUmGUAQbQayrs2TNUgERgyPmqhoUug

>>50721279

Faggot just read Wikipedia:

https://en.wikipedia.org/wiki/Economic_antisemitism#Allegations_of_unethical_business_practices

>Restrictions on occupations and professions
Main article: Antisemitism in Europe (Middle Ages)

One form of economic antisemitism in the Middle Ages was a mass of legal restrictions imposed on the occupations and professions of Jews. Local rulers and church officials closed many professions to the Jews, pushing them into marginal occupations considered repugnant, such as tax- and rent-collecting and money-lending, but tolerated then as a "necessary evil".[20]

Catholic doctrine then held that lending money for interest was a sin and forbade it to Christians. Not being subject to that restriction, Jews dominated this business. The Torah and the later sections of the Hebrew Bible criticise usury, but interpretations of the Biblical prohibition vary. Since few other occupations were open to them, Jews were motivated to take up money-lending. That was said to show Jews were usurers, which then led to many negative stereotypes and propaganda. [....] More dangerous was lending to the monarchs of Europe, which enabled them to finance their endless wars and projects. Some monarchs would renege on repayments, often accusing their Jewish money lenders of various crimes. The nobility would also borrow large sums to maintain their lavish lifestyles. On numerous occasions the monarchs would cancel loans made by Jewish lenders, and some would also expel Jews from their realms.

Peasants who were forced to pay their taxes to Jews could personify them as the people taking their earnings and remain loyal to the lords on whose behalf the Jews worked.

TL;DR Christians conspired against Jews by putting them into despised positions of power but in reality there was always some Christian mastermind behind the jew. Money lending jews were just pawns that can be easily disposed of.

>>50720739
>>50720761
>>50720789
Brainlets, it's because the governments gives them that mandate that they can do it.

It's like saying Government doesn't believe in laws because cops enforce it.

>>50721688

You completely missed the point retard. Banks pay interest to depositors regardless of whether the money is already there or if it is created by the loan..

>>50721745
You have it backwards. Government didn't invent banking and issue a mandate that created banks. The scam started with bankers using trickery to illegally loan out more than they had. The crooks got so rich that they were able to use mafia tactics to get government to legalize the scam and give private bank the exclusive privilege of creating all money.

Today the governments are mostly puppets to the bankers.

This system could be changed very quickly, but we need more than 1% of the population to understand it.

>>50721938
There is a small percentage of people who can't figure out the scam. These are the same people who think magician's tricks are real. You are one of them.

Metals are money.
What the banks create is credit.

>>50722044

Thanks.

https://joshsidman.substack.com/p/the-miracle-of-worgl

https://vimeo.com/499496111

https://www.youtube.com/watch?v=TwlvEKxbdVo+
https://www.youtube.com/watch?v=xkQn56Dtslk
https://www.youtube.com/watch?v=j5l_Oeg6kMo
https://www.youtube.com/watch?v=mhr4JGbozTA
https://www.youtube.com/watch?v=EKd6WURBqOY
https://www.youtube.com/watch?v=587OD84ME50

https://userpage.fu-berlin.de/~roehrigw/kennedy/english/Interest-and-inflation-free-money.pdf

https://www.youtube.com/watch?v=G6n-iuJTWb0
https://www.youtube.com/watch?v=opePKWaBV14
https://www.youtube.com/watch?v=dtIMQeOVHtY

https://www.youtube.com/watch?v=UI2Zs3QfzEI&list=PL65E9E086794AB4A7

https://freico.in/faq/
https://www.appropriate-economics.org/materials/crusoe.html
https://userpage.fu-berlin.de/~roehrigw/gesell/robinsonade/english/ROBDE_01.htm

https://www.youtube.com/watch?v=gkJ06ldC5bU

https://www.silvio-gesell.de/the-natural-economic-order.html

https://youtu.be/jiGKwi43R0Q
https://youtu.be/724ZR1Za9BU

Enjoy never figuring out the actual scam.

>>50721742
kikes created catholocism you dumb fuck, its just a slave religion while they lorded over all money

>what are treasury bonds
>what is central bank money
>>>/r/eddit

>>50720739
Because people still handle physical money on a daily basis and that gives them a sense that the numbers in their bank account actually correspond to physical money. And, not to pick nits, but the physical money actually IS created by the treasury department. The amount of that physical money is about $2 trillion. Not nothing, Especially overseas. But it is dwarfed by the credit money created by banks.