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Fractional Reserve Banking Is A Myth or Legal Fiction

 
Anonymous Coward
User ID: 10425488
United States
04/20/2017 05:16 PM
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Fractional Reserve Banking Is A Myth or Legal Fiction
The notes go into circulation via the Federal Reserve.

Credit/Debt gets put into circulation via point of purchase.
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:18 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
No, the Uber rich give their money to the fed.
In return for guaranteed returns.
Based off the backs of the citizens in the country of origin.
Every human is an interest rate profit.
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:20 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
No, the Uber rich give their money to the fed.
In return for guaranteed returns.
Based off the backs of the citizens in the country of origin.
Every human is an interest rate profit.
 Quoting: Anonymous Coward 74727749


Why would the rich give their money to the FED, do they have accounts there? How do they make a profit off giving the FED their money?
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:21 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
Without this there is massive death wars famine and suffering.
We all must play out part to help our brother.
Even if it ends in Death.
Which is inevitable.
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:23 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
No, the Uber rich give their money to the fed.
In return for guaranteed returns.
Based off the backs of the citizens in the country of origin.
Every human is an interest rate profit.
 Quoting: Anonymous Coward 74727749


Why would the rich give their money to the FED, do they have accounts there? How do they make a profit off giving the FED their money?
 Quoting: Anonymous Coward 10425488


The Rich Claim ownership of the WHOLE EARTH.
They are Al Shaitan! The Accuser!
They let us live from the work off our backs by giving notes to central banks to earn risk free interest off of our lives.
We are cattle.
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:26 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
Ask the ancient Sanskrit teachers why they respect Cows?
Because they themselves never wanted to become Cattle.
The Sikhs ended the Caste System with much fighting and death.
Before the Sikhs you were literally a cow human to be eaten.
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:26 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
No, the Uber rich give their money to the fed.
In return for guaranteed returns.
Based off the backs of the citizens in the country of origin.
Every human is an interest rate profit.
 Quoting: Anonymous Coward 74727749


Why would the rich give their money to the FED, do they have accounts there? How do they make a profit off giving the FED their money?
 Quoting: Anonymous Coward 10425488


The Rich Claim ownership of the WHOLE EARTH.
They are Al Shaitan! The Accuser!
They let us live from the work off our backs by giving notes to central banks to earn risk free interest off of our lives.
We are cattle.
 Quoting: Anonymous Coward 74727749


What are they rich accusing the rest of to be the Accuser?
TheBigFireForYou!

User ID: 71740445
United States
04/20/2017 05:34 PM

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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
I agree but what do you propose?
There's a 95% chance you are a candy ass uniparty tory. AND that's okay....
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:36 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
I agree but what do you propose?
 Quoting: TheBigFireForYou!


What do you mean by that?
TheBigFireForYou!

User ID: 71740445
United States
04/20/2017 05:40 PM

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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
I agree but what do you propose?
 Quoting: TheBigFireForYou!


What do you mean by that?
 Quoting: Anonymous Coward 10425488


I was assuming your were against the fed altogether also. What do you propose to base our currency on? Gold backed? Methane, natural gas and oil backed?

Last Edited by WoeFacedButton on 04/20/2017 05:40 PM
There's a 95% chance you are a candy ass uniparty tory. AND that's okay....
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:44 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
No, the Uber rich give their money to the fed.
In return for guaranteed returns.
Based off the backs of the citizens in the country of origin.
Every human is an interest rate profit.
 Quoting: Anonymous Coward 74727749


Why would the rich give their money to the FED, do they have accounts there? How do they make a profit off giving the FED their money?
 Quoting: Anonymous Coward 10425488


The Rich Claim ownership of the WHOLE EARTH.
They are Al Shaitan! The Accuser!
They let us live from the work off our backs by giving notes to central banks to earn risk free interest off of our lives.
We are cattle.
 Quoting: Anonymous Coward 74727749


What are they rich accusing the rest of to be the Accuser?
 Quoting: Anonymous Coward 10425488


No you silly, the rich use us as cattle.
God made the world Perfect, and it got corrupted by men with currencies and the serpent.
The rich are the Accuser, Al Shaitain, ask the Jewish people who so many hate for no reason.
Ceaser is the beast.
The Jewish People are the wise ones.
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:47 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
I agree but what do you propose?
 Quoting: TheBigFireForYou!


What do you mean by that?
 Quoting: Anonymous Coward 10425488


I was assuming your were against the fed altogether also. What do you propose to base our currency on? Gold backed? Methane, natural gas and oil backed?
 Quoting: TheBigFireForYou!


The notes in circulation are current backed. They are backed by all the tangibles of the states ie. land, resources, goods, buildings, tech, ect...

The problem is the credit/debt is being deposited along side the notes and are being valued at par. The notes being backed by tangibles are superior to the credits that are backed by faith and packaged and sold in derivatives.

Its a tad bit complicated...

The FED and someothers have posted things saying the profits of the FED go to the U.S. Treasury and fund the gov.
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:48 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
...


Why would the rich give their money to the FED, do they have accounts there? How do they make a profit off giving the FED their money?
 Quoting: Anonymous Coward 10425488


The Rich Claim ownership of the WHOLE EARTH.
They are Al Shaitan! The Accuser!
They let us live from the work off our backs by giving notes to central banks to earn risk free interest off of our lives.
We are cattle.
 Quoting: Anonymous Coward 74727749


What are they rich accusing the rest of to be the Accuser?
 Quoting: Anonymous Coward 10425488


No you silly, the rich use us as cattle.
God made the world Perfect, and it got corrupted by men with currencies and the serpent.
The rich are the Accuser, Al Shaitain, ask the Jewish people who so many hate for no reason.
Ceaser is the beast.
The Jewish People are the wise ones.
 Quoting: Anonymous Coward 74727749


Do you have anything related to the OP or thread title to add if not why you in the thread?
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:50 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
I agree but what do you propose?
 Quoting: TheBigFireForYou!


What do you mean by that?
 Quoting: Anonymous Coward 10425488


I was assuming your were against the fed altogether also. What do you propose to base our currency on? Gold backed? Methane, natural gas and oil backed?
 Quoting: TheBigFireForYou!


The notes in circulation are current backed. They are backed by all the tangibles of the states ie. land, resources, goods, buildings, tech, ect...

The problem is the credit/debt is being deposited along side the notes and are being valued at par. The notes being backed by tangibles are superior to the credits that are backed by faith and packaged and sold in derivatives.

Its a tad bit complicated...

The FED and someothers have posted things saying the profits of the FED go to the U.S. Treasury and fund the gov.
 Quoting: Anonymous Coward 10425488


I told you how it works.
The uber rich own the whole world.
They Claim it in the seed of Cain!
So they give notes to the feds of different countries.
They lease them existence itself, because they are the Devil, Al Shaitain! The Accuser!
Then those countries must pay interest on that currency.
Via the work of their people.
Anonymous Coward (OP)
User ID: 10425488
United States
04/20/2017 05:53 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
...


What do you mean by that?
 Quoting: Anonymous Coward 10425488


I was assuming your were against the fed altogether also. What do you propose to base our currency on? Gold backed? Methane, natural gas and oil backed?
 Quoting: TheBigFireForYou!


The notes in circulation are current backed. They are backed by all the tangibles of the states ie. land, resources, goods, buildings, tech, ect...

The problem is the credit/debt is being deposited along side the notes and are being valued at par. The notes being backed by tangibles are superior to the credits that are backed by faith and packaged and sold in derivatives.

Its a tad bit complicated...

The FED and someothers have posted things saying the profits of the FED go to the U.S. Treasury and fund the gov.
 Quoting: Anonymous Coward 10425488


I told you how it works.
The uber rich own the whole world.
They Claim it in the seed of Cain!
So they give notes to the feds of different countries.
They lease them existence itself, because they are the Devil, Al Shaitain! The Accuser!
Then those countries must pay interest on that currency.
Via the work of their people.
 Quoting: Anonymous Coward 74727749


You don't pay interest if you don't borrow
Why do you need to borrow?
Can't you get a interest free loan from family or friends?

Every other country has pure fiat these days don't they, isn't this why the FED note is the world reserve, because in reality its the only currency in the world currently backed by tangiables and not faith.
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 05:54 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
Once man was free.
The line of Cain has tried to enslave us.
I am from Abel, the innocent.
Anonymous Coward
User ID: 74727749
Australia
04/20/2017 06:00 PM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
You don't pay interest if you don't borrow
Why do you need to borrow?
Can't you get a interest free loan from family or friends?

Every other country has pure fiat these days don't they, isn't this why the FED note is the world reserve, because in reality its the only currency in the world currently backed by tangiables and not faith.
 Quoting: Anonymous Coward 10425488


You can get this, but its very rare.

All countries have fiat, the line of Cain.

He cursed us to struggle by the sweat of our brow to survive, damned if I don't do everything it takes to do just that.
Damned if I don't take what I want!
Anonymous Coward
User ID: 9077221
United States
04/21/2017 08:44 AM
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Re: Fractional Reserve Banking Is A Myth or Legal Fiction
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