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r3dredwine (November 30, 1999 at 12:00 am)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
Send To Congress Share With Everyone
RespectMyHate (November 30, 1999 at 12:00 am)
The banking system is Fucked.
boosuff (November 30, 1999 at 12:00 am)
WOW, great explanation!
benmcpeatfield (November 30, 1999 at 12:00 am)
i guess this is what friedmann gets at when he talks about too much money supply and inflation.
you create too much money and it becnmes more and more worthless, aespecially if the economy is at near full capacity.
liftedview (November 30, 1999 at 12:00 am)
$1000 reserve, not 10.000!
MakeAntimoney (November 30, 1999 at 12:00 am)
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HurricaneHeidi (November 30, 1999 at 12:00 am)
DEFAULT !!! Escaping the Debt Trap and Avoiding Bankruptcy:
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envision91 (November 30, 1999 at 12:00 am)
How do they loan 9,000 out of 10,000 in 03:50?
wdflannery (November 30, 1999 at 12:00 am)
Clarifying.
The first bank has $1111 in the central bank but no deposits. Money deposited into the central bank from outside is high powered money.
The second branch bank takes a deposit of 10000 and is required to deposit 1000 in the central bank so that the ratio of branch money to central money is 9/1. Then the bank can loan its 9000.
And so on.
So there is a distinction between branch money deposited in the central bank as reserve and high powered money deposited from outside.
bidul37 (November 30, 1999 at 12:00 am)
Il y a maintenent la même chose avec voix française et images françaises: ça s'appelle "ARGENT DETTE". |
