Money is created out of thin air! It is ALL an illusion.

[Toddsterpatriot]

Here's Who Actually Owns The Federal Reserve

Thanks for the link.

This stock pays a fixed 6% dividend and gives the banks a claim on the Fed’s annual profits. But let’s keep this in the right perspective. Last year the Fed earned $90.5B. Of this, $1.6B was paid out in dividends. The remaining $88B was remitted back to the US Treasury. While the US Treasury doesn’t technically own shares in the Federal Reserve the Fed is required to remit its profits at the end of the year back to the Federal Government. As you can see, remittance often dwarfs any dividends paid back to the banks. In other words, the US Treasury is the recipient of most of the Fed’s profits.

If this isn't proof the Fed is owned by the government, instead of the "shareholders", I don't know what is.

 

[ObligationLaunch]

Here's Who Actually Owns The Federal Reserve

Thanks for the link.

This stock pays a fixed 6% dividend and gives the banks a claim on the Fed’s annual profits. But let’s keep this in the right perspective. Last year the Fed earned $90.5B. Of this, $1.6B was paid out in dividends. The remaining $88B was remitted back to the US Treasury. While the US Treasury doesn’t technically own shares in the Federal Reserve the Fed is required to remit its profits at the end of the year back to the Federal Government. As you can see, remittance often dwarfs any dividends paid back to the banks. In other words, the US Treasury is the recipient of most of the Fed’s profits.

If this isn't proof the Fed is owned by the government, instead of the "shareholders", I don't know what is.

if it is private, then it isn't from the government.

Difficult eh?

You are taking the 'smoke & mirrors' way too serious.!

If you read the economic university textbooks, they are all wrong!





so, nobody so far has disputed the FACT THAT MONEY IS CREATED OUT OF THIN AIR.

 

[ObligationLaunch]

There are very good books out there who explain it all very well, but at it's core it is really really simple.

MONEY IS CREATED OUT OF THIN AIR.

 

[ObligationLaunch]

 

[ObligationLaunch]

Ellen Brown: "Ford Was Right, If People Knew How Money Is Created, We'd Have Revolution!"

 

[Toddsterpatriot]

Here's Who Actually Owns The Federal Reserve

Thanks for the link.

This stock pays a fixed 6% dividend and gives the banks a claim on the Fed’s annual profits. But let’s keep this in the right perspective. Last year the Fed earned $90.5B. Of this, $1.6B was paid out in dividends. The remaining $88B was remitted back to the US Treasury. While the US Treasury doesn’t technically own shares in the Federal Reserve the Fed is required to remit its profits at the end of the year back to the Federal Government. As you can see, remittance often dwarfs any dividends paid back to the banks. In other words, the US Treasury is the recipient of most of the Fed’s profits.

If this isn't proof the Fed is owned by the government, instead of the "shareholders", I don't know what is.

if it is private, then it isn't from the government.

Difficult eh?

You are taking the 'smoke & mirrors' way too serious.!

If you read the ecomonic university textbooks, the=y are all wrong!





so, nobody so far has disputed the FACT THAT MONEY IS CREATED OUT OF THIN AIR.

if it is private, then it isn't from the government.

I agree, it's part of the government.

 

[Toddsterpatriot]

Ellen Brown: "Ford Was Right, If People Knew How Money Is Created, We'd Have Revolution!"

She's funny. Not too bright.

 

[ObligationLaunch]

Ellen Brown: "Ford Was Right, If People Knew How Money Is Created, We'd Have Revolution!"

She's funny. Not too bright.

She? or Ford?


And of course, as we are used by now, ONLY ad hominems.

 

[ObligationLaunch]

please watch this video, so you can distuingish better between the reality and the 'smoke and mirrors'. You seem to confuse those two all the time.

 

[ObligationLaunch]

 

[Toddsterpatriot]

Ellen Brown: "Ford Was Right, If People Knew How Money Is Created, We'd Have Revolution!"

She's funny. Not too bright.

She? or Ford?


And of course, as we are used by now, ONLY ad hominems.

She is an idiot. She wrote some funny "natural medicine" books too.

 

[Toddsterpatriot]

please watch this video, so you can distuingish better between the reality and the 'smoke and mirrors'. You seem to confuse those two all the time.

He makes plenty of mistakes too.

 

[hadit]

Bottom line, money ONLY has the value that people agree to assign to it, no matter what form it takes. What is a $100 bill, but a piece of paper? What is a coin but a piece of metal? Yes, I can get money directly deposited into my bank account and spend it without ever seeing a physical manifestation of money. Virtual wealth really is no different from physical wealth in that regard.

Money =/= wealth.

 

[sealybobo]

If you go to a bank and ask for a loan what happens?

Well there are no coineS moved. There is no connection with gold anymore,.

The bank, very simply, put some figures in a computer screen and voila!,

Money is created out of thin air!

Now, if you have to pay back that money, you have to pay interest on it!

Interest on non existent money!

Of course if people can't pay back, then the banks confiscate their assetS, homes

cars and what have you. And then, the bank has accumalted real wealth!


This is called THEFT!


Wake up people! Money is created out of thin air!

MONEY IS AN ILLUSIONNNNNN!

The bank, very simply, put some figures in a computer screen and voila!,

Money is created out of thin air!

Yes. Borrowing from a bank adds to the money supply.

Now, if you have to pay back that money, you have to pay interest on it!

Yes, when you borrow, you owe interest.

Interest on non existent money!

You pay interest on the money your borrowed. It exists. It's in your account.

Of course if people can't pay back, then the banks confiscate their assetS,

Yes, in some cases the bank can come after your assets.

And then, the bank has accumalted real wealth!

No, they have taken some of your assets to get back the assets they lent you which you failed to repay.

This is called THEFT!

No it isn't.

MONEY IS AN ILLUSIONNNNNN

Your brain is an illusion.

I've never seen anyone defend the banks as much as you. Must be a banker or dummy.

 

[Toddsterpatriot]

If you go to a bank and ask for a loan what happens?

Well there are no coineS moved. There is no connection with gold anymore,.

The bank, very simply, put some figures in a computer screen and voila!,

Money is created out of thin air!

Now, if you have to pay back that money, you have to pay interest on it!

Interest on non existent money!

Of course if people can't pay back, then the banks confiscate their assetS, homes

cars and what have you. And then, the bank has accumalted real wealth!


This is called THEFT!


Wake up people! Money is created out of thin air!

MONEY IS AN ILLUSIONNNNNN!

The bank, very simply, put some figures in a computer screen and voila!,

Money is created out of thin air!

Yes. Borrowing from a bank adds to the money supply.

Now, if you have to pay back that money, you have to pay interest on it!

Yes, when you borrow, you owe interest.

Interest on non existent money!

You pay interest on the money your borrowed. It exists. It's in your account.

Of course if people can't pay back, then the banks confiscate their assetS,

Yes, in some cases the bank can come after your assets.

And then, the bank has accumalted real wealth!

No, they have taken some of your assets to get back the assets they lent you which you failed to repay.

This is called THEFT!

No it isn't.

MONEY IS AN ILLUSIONNNNNN

Your brain is an illusion.

I've never seen anyone defend the banks as much as you. Must be a banker or dummy.

Pointing out the idiocy in your claims is a defense of the banks? Okay. Durr.