[MonteQuest]

$this->bbcode_second_pass_quote('MrBill', ' ') But just read the first 6-paragraphs. He clearly understands that money is created when the Fed lends money to banks.

[MonteQuest]

$this->bbcode_second_pass_quote('firestarter', ' ')In practice, the Fed would not add money to people's accounts or drop money out of helicopters even IF the Fed could do it. The Fed would not do such things because it would destroy banks and creditors (their own cartel) to bail out consumers......

[Permanently_Baffled]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('firestarter', ' ')In practice, the Fed would not add money to people's accounts or drop money out of helicopters even IF the Fed could do it. The Fed would not do such things because it would destroy banks and creditors (their own cartel) to bail out consumers......

[MonteQuest]

$this->bbcode_second_pass_quote('Permanently_Baffled', 'T')o help my understanding Monte, can you expand on this?(I need educating further!)

In what form does helicopter money enter the economy? Is it extra government spending filtering through the economy, or does it get into the economy in other ways?

[firestarter]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('firestarter', ' ')In practice, the Fed would not add money to people's accounts or drop money out of helicopters even IF the Fed could do it. The Fed would not do such things because it would destroy banks and creditors (their own cartel) to bail out consumers......

[mmasters]

$this->bbcode_second_pass_quote('MonteQuest', 'B')ut we do it all the time, especially in wartime. It is called debt monetization.

[JustWatch]

As I said earlier, the future does not exist, except in the abstract! No assets have a future value except as expressed as their future value of income streams discounted back to their present value.
MrBill


He gets it.

[MonteQuest]

Another neat little video on our monetary system.

Money, Banking, and the Federal Reserve

[MrBill]

my religious studies professor once told me many years ago that there is always room for the top ten percent. that is probably true. if you're in the bottom 25 percentile and happy there, well all the more power to you.

I would love to talk philosophy with you. much more interesting than economics. that is for sure. however, even though your perception is not my reality, in fact the actions of billions of other people that I have never met do have a real effect on my life as well.

I think it is great that we have a chance to exchange ideas here. I am not sure we'll solve any of the world's problems, but it is good to organize our thoughts in any case.

I have some ideas about the future value of assets and their intrinsic worth. I am going to post that next week. but in the meantime I am going to the Moscow ballet on ice this evening. I am already in the dog house for back to back late nights, so today I have to make up for it. take care and I look forward to talk to you next week. cheers.

[Concerned]

$this->bbcode_second_pass_quote('NEOPO', ' ')or that 2 planes naturally caused 3 buildings to collapse at near free fall speed into almost their own foot print on 9.11 because a hand picked kangaroo commission said so.

Pffft!! pfffft!! pffffffft and pfffffffffffft!

[MrBill]

$this->bbcode_second_pass_quote('Concerned', '')$this->bbcode_second_pass_quote('NEOPO', ' ')or that 2 planes naturally caused 3 buildings to collapse at near free fall speed into almost their own foot print on 9.11 because a hand picked kangaroo commission said so.

Pffft!! pfffft!! pffffffft and pfffffffffffft!

[Concerned]

$this->bbcode_second_pass_quote('MrBill', '
')yes, you and your ilk will die-off first! you're not part of a community. instead of building something, anything, or belonging to a real community, like Lion's Club, Kiwanis, Rotary, PTA.... you withdraw into a fantasyland where you feel connected? Well, good luck with that WTSHTF, as peak oilers like to say! Where will your virtual neighbors be then? 911 mysteries? what two planes hit two buildings? get a life! wait till they detonate a dirty bomb in a neighborhood near you....live and weep!! ; - )

[MonteQuest]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('MrBill', ' ') But just read the first 6-paragraphs. He clearly understands that money is created when the Fed lends money to banks.

[MrBill]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('MrBill', ' ') But just read the first 6-paragraphs. He clearly understands that money is created when the Fed lends money to banks.

[mmasters]

I think someone might question how MrBill can be a moderator when he can't even argue a subject matter in the finance realm he professes expertise in and constantly works to cultivate an aura of respectability in.

Add to that spreading false information concerning the banking system and knowingly or unknowingly trying to dissuade people from the truth (even when rock-solid documentation refuting his claims is presented).

Furthermore when he can't even carry on a logical argument and solely resorts to personal attacks against forum members.

[Chuck]

$this->bbcode_second_pass_quote('mmasters', 'I') think someone might question how MrBill can be a moderator when he can't even argue a subject matter in the finance realm he professes expertise in and constantly works to cultivate an aura of respectability in.

Add to that spreading false information concerning the banking system and knowingly or unknowingly trying to dissuade people from the truth (even when rock-solid documentation refuting his claims is presented).

Furthermore when he can't even carry on a logical argument and solely resorts to personal attacks against forum members.

[Concerned]

$this->bbcode_second_pass_quote('mmasters', 'I') think someone might question how MrBill can be a moderator when he can't even argue a subject matter in the finance realm he professes expertise in and constantly works to cultivate an aura of respectability in.

Add to that spreading false information concerning the banking system and knowingly or unknowingly trying to dissuade people from the truth (even when rock-solid documentation refuting his claims is presented).

Furthermore when he can't even carry on a logical argument and solely resorts to personal attacks against forum members.

[kabu]

I skimmed through this thread in between watching my porfolio go down on the TSX- shoot - and it left me confused and upset. Well... confused... and then maybe the day's trading left me upset.

Help me clarify things, please, by going over the beginning of one of Richard Daughty's paragraphs in that piece Bill cited.

$this->bbcode_second_pass_quote('The Mogambo Guru', 'E')ven worse, the Federal Reserve increased Total Fed Credit by another $5.7 billion last week, thus creating more money (when loans are actually made by the banks) and/or putting downward pressure on interest rates (by increasing the amount of credit available), both of which are designed to entice people to borrow money for one reason or another (anything will do, but stocks, bonds and houses are preferred). The bastards!

[kabu]

*double post