exton
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Joined: 13 Dec 2006
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 Posted: Sun Apr 01, 2007 2:45 am Post subject: |
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Are paragraphs and sentences too much to ask for?
Anyway. Here's what i don't understand, specifically:
You mention theft. Who, exactly, is stealing what? Where are they stealing it from?
And why is a variable money supply a problem? |
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thelast007
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Joined: 27 Mar 2007
Posts: 525
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| Posted: Sun Apr 01, 2007 7:13 am Post subject: |
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oh pleeeeeeease X's 2.
I'd be nutty to repeat myself for the 100th time.
Below is a link to a cartoon that explains the whole problem.
It is goes very slow and uses short sentences and pictures as visual aids.
If you don't understand and see the problem after this explaination then you simply refuse to understand.
Let me change that compound sentence to a more simple one.
You'll never understand if you don't understand after the video.
http://video.google.com/google.....&hl=en
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Lester
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Joined: 08 Dec 2006
Posts: 4650
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| Posted: Sun Apr 01, 2007 7:35 am Post subject: |
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| I also could not understand what you were saying, if that means anything. |
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Xerxes
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Joined: 15 Mar 2007
Posts: 1564
Location: 1600 Pennsylvania Ave.
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| Posted: Sun Apr 01, 2007 1:57 pm Post subject: |
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| I was just messing with you. Mainly because you had typed so much to convey your message. And don't be so mean. LoL |
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thelast007
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| Posted: Sun Apr 01, 2007 4:09 pm Post subject: |
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I'm sorry fellas. Didn't mean to be mean 
I love your input.
And if i am not being clear i need to know. Thanks for showing me. I'll try to be more clear so I can be understood.  |
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exton
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Joined: 13 Dec 2006
Posts: 4218
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| Posted: Sun Apr 01, 2007 9:47 pm Post subject: |
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| thelast007 wrote: | oh pleeeeeeease X's 2.
I'd be nutty to repeat myself for the 100th time. |
No 007, that's not what i mean. I don't mean that i don't understand the concept - i mean that i don't understand YOU.
Has it ever occured to you that you might be really bad at explaining yourself? If you try a little harder, you might be able to type something that reads more like a coherent explanation of your ideas and less like rambling nonsense. |
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thelast007
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| Posted: Mon Apr 02, 2007 2:37 am Post subject: |
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oh exton you can't fool me. 
STICK TO THE ISSUE.
oops All caps again. Forgot you can't read those. I mean "stick to the issue"
watch the cartoon and admit after watching you want to change your stand on the issue |
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Xerxes
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Location: 1600 Pennsylvania Ave.
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| Posted: Mon Apr 02, 2007 3:22 am Post subject: |
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| thelast007 wrote: | If you don't understand and see the problem after this explaination then you simply refuse to understand.
You'll never understand if you don't understand after the video. |
At first I did not completly understand what you were trying to say. Because you typing sucks(sorry). But I watched the first minute of the vid and understood what I was watching. I totally agree about the Fed. There was an Act. I forget it's congressional #, but it basically signed over the deed to the US to foreign interests to bail us out of The Depression. Maybe you or someone out there knows the name of that bill.......
And don't even get me started on Lewis T McFadden!
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exton
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Joined: 13 Dec 2006
Posts: 4218
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| Posted: Mon Apr 02, 2007 3:51 am Post subject: |
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| thelast007 wrote: | oh exton you can't fool me.
STICK TO THE ISSUE.
oops All caps again. Forgot you can't read those. I mean "stick to the issue"
watch the cartoon and admit after watching you want to change your stand on the issue |
I'm not watching a 47 minute cartoon. If you can link me to text that explains your ideas, i'm willing to look at that. |
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Lester
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Joined: 08 Dec 2006
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| Posted: Mon Apr 02, 2007 3:53 am Post subject: |
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| Just watch the first ten minutes or so, I watched it, but it was kinda umm, fallacious. |
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exton
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| Posted: Mon Apr 02, 2007 4:27 am Post subject: |
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Fair enough.
I watched the first 23 minutes of it.
The film seems to be under the impression that, when banks create money through loans, the newly created money doesn't actually represent any real wealth. It also seems to be under the impression that the banks are creating the entire content of the loan.
Is that what you thought, 007?
If so, i'll be happy to explain why neither of those things is true. |
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Lester
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Joined: 08 Dec 2006
Posts: 4650
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| Posted: Mon Apr 02, 2007 4:31 am Post subject: |
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| Really, if you should be worried about anything it's hackers, because if one good hack wipes all a major banks records we could be in a new depression. |
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thelast007
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| Posted: Mon Apr 02, 2007 5:05 pm Post subject: |
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| exton wrote: | Fair enough.
The film seems to be under the impression that, when banks create money through loans, the newly created money doesn't actually represent any real wealth. It also seems to be under the impression that the banks are creating the entire content of the loan.
Is that what you thought, 007?
If so, i'll be happy to explain why neither of those things is true. |
No need to. You have the wrong perception of the film's impression. The film assumes the knowledge of those 2 facts are known by all viewers.
Of course the banks could not lend if there were no real wealth to lend on. The wealth is in the product the bank created the loan for.
And we know the bank only creates the difference on the loan. (That is when all factors are in check. There are the obvious exceptions.)
This is what the film is saying....
Interest charged by banks have no real wealth unless they are invested back in the system and therefore creating value in those interest dollars.
Ever increasing inflation will occur if no value is created in the interest dollars and they are fed back into the system . Proof is our economy. 
YOU HAVE TO WATCH THE ENTIRE FILM.
I'll stop there for the sake of not getting too complex and over explaining. |
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thelast007
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| Posted: Mon Apr 02, 2007 6:40 pm Post subject: |
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| Lester wrote: | | Just watch the first ten minutes or so, I watched it, but it was kinda umm, fallacious. |
fallacious....umm what about it is fiction? What facts prove other wise? Do tell.
I hate to be deceived  |
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Xerxes
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Joined: 15 Mar 2007
Posts: 1564
Location: 1600 Pennsylvania Ave.
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| Posted: Mon Apr 02, 2007 9:03 pm Post subject: |
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| thelast007 wrote: | | I hate to be deceived |
Me too! |
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