I don't mean to get into black helicopter stuff. Cause I don't believe in it, I think the people are such loud mouth freaks/narcissists that you could never maintain a good conspiracy.... Trust me, I've tried to create a few... and some Low IQ asshole always blows it because it benefits him in the short term.
The point when you look at our banking system and fractional reserve banking ..... as some people say.. they loan out 90% of our money, but when you look at it in a slightly different way, they loan out 9 dollars to every 1 they have.
Another thing... I think a gold standard is lame, either a copper or silver is a much more sane standard for our money. gold is to easy to monopolise. and using copper or silver certificates, even traded straight off of the Exchanges... I'm not an economist.. I just think something with an actual use like copper makes more sense, or something more abundant like silver... which is why that was what Lincoln used for or original "GreenBacks".
Honestly when you can loan out money at 9/1 at 5% that is 50% ROI(roughly, assuming you can call loaning other peoples money investment)... and there is no reason that banks shouldn't just stick to that and just make money.
No comments:
Post a Comment