Somebody prove this wrong please.
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22-04-2013, 08:35 AM
Somebody prove this wrong please.
Firstly I acknowledge that this really belongs in the business and economics section, however seeing as it doesnt get that much traffic can I request that it stay here for a short while before/if it gets moved.

People may have heard me yabber on about how "Money is created from nothing" and how my vision of a fairer world would be to eliminate interest from lending (or make banks local co-operatives)

I understand that some people may frown upon my open mindedness to certain subjects however this place has helped me evolve my "third person" way of viewing things. Whilst to some I may be scoffed at for my views and considered a "conspiracy theorist" (which I don't mind... your bias, not mine) I understand that people want fact to get their teeth into facts to assimilate.

So no Jewish rothchild bloodlines, no flouride in the water, no reasons for war other than "freedom", no chemtrails poisoning the land..... nothing but facts.

If anybody does wrap their heads around and understand the link I shall provide at the end of this thread I have two questions.

1: Do you think that the current system is fair.
2: How do we change it?

You can either read the information or you can watch a series of videos explaining it a bit more easily.

Balance sheets.....

http://www.positivemoney.org/how-banks-c...ce-sheets/

Videos.

http://www.positivemoney.org/how-banks-c...eo-course/

Merci Thumbsup

For no matter how much I use these symbols, to describe symptoms of my existence.
You are your own emphasis.
So I say nothing.

-Bemore.
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22-04-2013, 09:39 AM
RE: Somebody prove this wrong please.
I'm with you, bro.

As is Islamic banking.

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22-04-2013, 10:43 AM
RE: Somebody prove this wrong please.
(22-04-2013 08:35 AM)bemore Wrote:  Firstly I acknowledge that this really belongs in the business and economics section, however seeing as it doesnt get that much traffic can I request that it stay here for a short while before/if it gets moved.

People may have heard me yabber on about how "Money is created from nothing" and how my vision of a fairer world would be to eliminate interest from lending (or make banks local co-operatives)

I understand that some people may frown upon my open mindedness to certain subjects however this place has helped me evolve my "third person" way of viewing things. Whilst to some I may be scoffed at for my views and considered a "conspiracy theorist" (which I don't mind... your bias, not mine) I understand that people want fact to get their teeth into facts to assimilate.

So no Jewish rothchild bloodlines, no flouride in the water, no reasons for war other than "freedom", no chemtrails poisoning the land..... nothing but facts.

If anybody does wrap their heads around and understand the link I shall provide at the end of this thread I have two questions.

1: Do you think that the current system is fair.
2: How do we change it?

You can either read the information or you can watch a series of videos explaining it a bit more easily.

Balance sheets.....

http://www.positivemoney.org/how-banks-c...ce-sheets/

Videos.

http://www.positivemoney.org/how-banks-c...eo-course/

Merci Thumbsup

1. No. It's skewed toward the benefit of the privileged/ruling class.

2. Short answer: Abolish the state.

Long and more pragmatic answer: Remove the monopoly the state has on the creation of money, thereby abolishing the Federal Reserve... although not by decree because the market will do that on its own.

Banking isn't the problem we have, nor is money. It's the monopoly on the creation of money and the ridiculous legislation surrounding the banking industry that causes them.

Some years ago, banks issued their own notes and those were traded by their customers. In that environment, a bank that leveraged too much of depositors' money would suffer because people would stop using its currency to trade with and thus, its activities were effectively limited. In today's environment, banks aren't forced to act responsibly with respect to the currency they hold, because its value isn't dependent upon their fiduciary responsibility. And the FDIC only makes that worse, since the state implicitly guarantees bankers that should they make poor decisions, they won't lose money.

As a depositor, your protection is limited to the ceiling the FDIC puts on the insurance but there is no such limit set on the amounts of money bankers can fritter away, as is clearly evidenced by the recent bail outs of the financial industry. Millions lost money & assets they actually earned through providing value to the marketplace. Meanwhile, those who caused those losses to occur were not only protected from the danger.... they actually walked away from the destruction they caused net positive.

The beginning of wisdom is to call things by their right names. - Chinese Proverb
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22-04-2013, 12:06 PM
RE: Somebody prove this wrong please.
Rich get richer and the poor get poorer. Banks are crooks.

“You just go where your high-top sneakers sneak, and don't forget to use your head.”
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22-04-2013, 01:01 PM
RE: Somebody prove this wrong please.
Looks v interesting Bemore, thanks for the link. I'm gonna take a while read it and try to get my head around it though Tongue
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22-04-2013, 01:39 PM
RE: Somebody prove this wrong please.
Life never has been and never will be fair.

If it isn't people creating unfair situations, it's nature.

Your house and everything you ever worked for, including your family, can be gone in an instant due to a natural phenomenon (hurricane, forest fire, earthquake, etc. etc.) Or the bank can repossess your house, with a little notice.

It's just that we think people should be better than nature.

While it would be nice, it never has happened, and it will never happen.

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Science is the process we've designed to be responsible for generating our best guess as to what the fuck is going on. Girly Man
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22-04-2013, 03:59 PM (This post was last modified: 22-04-2013 04:05 PM by Luminon.)
RE: Somebody prove this wrong please.
Dom: Life is not fair. Fairness is an artificial substance produced by humans, if they make an effort. Fairness is like a computer, it is artificial, yet real and good.

Money system can work and it did work for a long time. However, it is an ancient technology that imposes its own limitations.
- It introduces another kind of scarcity, the lack of capital and another kind of inequality among people, the rich and poor divide.
- It favors short-term projects before long term.
- It favors commercial projects, everything must be profitable, or it won't exist.
- It favors people who are already rich.
- Money is a brute force deciphering mechanism of determining what's profitable. Once discovered, the profitable concept is often exploited ad nauseam to get more money, instead of developing it further.
- It makes people waste resources by having to start a business of their own and compete against other people. In comparison, a moral monopoly is very efficient.
- It compels people to drop quality of their services when they have no competition, as opposed to other means of production - such as by soulless automatic machines.
- It is the root of all evil Evil_monster

I have just finished an essay for my economy professor, where I show how capitalism is a self-corrupting system. Civilization is basically a big market bubble. The more property we have, the more state power we need to defend it. Eventually the state decides it can protect your property better if it's nationalized and that's the beginning of socialism. But then nobody bothers to work in a socialism. Businessmen, employers run away.

What is the solution?
1. Donate lots of money to Jacque Fresco to make a big movie about how it is like for a normal family to live in a resource-based economy.
2. Pressure states and businessmen to donate even more money to Fresco, so that he can build a prototype city and prove the concept in practice.
3. Once the concept is proven to work, redesign the Earth through overwhelming wave of public and political demand.

It makes sense, because money is a great mechanism of finding out what is needed, what is profitable. Correct me if I'm wrong, but things like food, housing, healthcare, education and transportation have been a great market success for about... 7 000 years or so. We already know we need these things. So why shouldn't we design our cities to provide these needs by default, as a fundamental part of design? Every Libertarian should be delighted to see that. Libertarians are glad to be put out of work, because it allows them to find a much better work. This is what it is, basically. A redesign of civilization to free people from primary, secondary and most of the tertiary sector of economy. We already know how these sectors work, we have the technology and resources and we should apply them to make the sectors take care of themselves. We don't need money to facilitate and coordinate this work anymore.
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22-04-2013, 04:03 PM
RE: Somebody prove this wrong please.
Saying life is not fair is a poor excuse. Striving for perfection should always be our goal.

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22-04-2013, 04:12 PM (This post was last modified: 22-04-2013 04:15 PM by Lienda Bella.)
RE: Somebody prove this wrong please.
"Money is created from nothing"

Ok. Ehm. Never mind.
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22-04-2013, 07:44 PM
RE: Somebody prove this wrong please.
Lumi's a Fresco fanboi! Get 'im! Tongue

Is that that Venus guy? Consider

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