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Making money, where that stuff that everyone loves comes from...

 
Irdooomed
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User ID: 329170
Australia
02/28/2008 12:37 AM
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Making money, where that stuff that everyone loves comes from...
Oh dear...

There seems to be some confusion about many things here at glp, so I've decided to try to explain some things to, well anyone that's interested.

So here is a short crappy story that will hopefully explain my theory on banking, and in doing so will put to rest some speculation that I consider to be somewhat flawed.

There was once a person that was bigger and stronger than the other people around him, he soon noticed that as he was bigger than them he could thump them much harder than they could thump him. So he decided to take over the village by thumping them, so he could act like a big man.
So after thumping a few people around him he achieved a status that could be best described as chief thumper of the people around him. However many people called him some other somewhat less civilised names...

The desire to thump the people around him combined with the continued practice of thumping the people around him meant that after a while the people became scared of him. This gave him power over them, so he made them do things for him. He made them call him a chief, they then had to bring him food and drink...
This went on for many years. When he had a son he told the kid to thump the people to get them to do things. The boy also thumped many people, this went on for generations. Eventually while hunting some men from the village came across some men from a different village, the chief at the time decided that he'd like to be chief of that village too. So he went to that village with a mob of people to thump the people living in the other village. After thumping the inhabitents of the second village he decided that it was silly to be called a chief when he had control of two villages, so he told everyone to call him a warlord.

A couple of villages later and warlord started to sound silly so he told everyone to call him just a lord. A few villages later and the lord decided to better describe his rank in the world as a baron. Eventually after subjugating the entire country he decided that it would be more prestigous to be called a king, and the country was to be called a kingdom. But running a country wasn't cheap, so he wanted to aquire more lands and taxed the peasants of a lot of the goods they made...

But hauling goods all over the country was very difficult so he needed to make up a way to get the goods back to his nice safe castle, unfortunately this would mean that he would need a bigger castle !. So he invented money, money could be used to represent goods and services and it would fit in his nice safe castle. The people would need the money to trade for things like food, animals and furniture. If the people didn't accept his money then he'd thump them really hard until they did...
As it turns out the people loved money, some more than others. It was so convenient, carrying some coins weighed a lot less than a lot of food, a bunch of animals or some furniture !. So this new magical invention money was nearly universally adopted as the new standard for trading throughout the kingdom, yes, even the armish liked the idea of money.

While the people lived and went about their day to day business. Some merchants realised that if they bought things cheap, they could sell these things for a lot more money than they paid for these things. This made these merchants a lot of money and soon people came to them and asked them if they could borrow money to buy things like houses and large wagons with faster horses... The merchants decided that if they could buy goods cheap and sell the goods dear, then... Why not buy money cheap and sell the money dear, it was a breakthrough for the merchants. They would sell the money by adding something they called interest to the ammount loaned, actually the reason why it's called interest is because it piques the merchants interest. After several years the merchants realised that lending money had it's pitfalls, robbers, tax, defaulting customers... So they decided to approach the king who was promptly surprised that they had money and decided to tax them !.

Eventually there were many poor people and they wanted a church to give them free food, so a church was established. One day the church learned that there was another church across the ocean, the guy at the front of the church decided that this church was bad because they believed in being the only church. So the guy at the front of the church told the poor people receiving free food that god wanted them to go and tell the king that the other church was bad and to go send someone to blow up the church !. The guy at the front of the church thought it would be a nice change for once !.

So the king declared war on the foreign church and wondered just how the hell he was supposed to blow the other church up as gun powder hadn't been invented yet...
But wars are expensive so the king needed money not only for the war but to also develop gun powder, so the king approached the rich merchants and asked them. "Can you lend me money to go blow up this church ?." The rich merchants thought long and thoughtfully about their answer just in case this was a trick to get them to admit they had money that the king would just thump them and take it from them muttering something about taxes...

The merchants said they could get the money but they would have to borrow it and to borrow it they'd have to repay more money. If the king really needed the money they could get it but the king would have to let them establish something they called a bank. The king would not only charge only a very little ammount of tax on the bank, but the king would provide security for the bank. The merchants decided that they'd keep only a small ammount of money in the the bank that the king made for them, their real wealth would be kept in their own bank. A bank that neither the king nor the people would never know about, a bank that was in a harbour in case the king decided to thump and tax them...

The bank that the king made was very good for both the king and the merchants, The many merchants hpuppieshouses that sold their goods for a profit to the various local markets near harbours everywhere. And soon the merchants lent the profits they made from the sales of their goods back to the people to buy more of their goods with, this practice indebted their country to the rich merchants even more...

By doing this to various countries around the world the rich merchants were by now really quite wealthy, however many people didn't understand how this complex system worked. Some of them couldn't or wouldn't repay the money they owed the by now wealthy merchants. When some people in a country didn't pay their debts the wealthy merchants would send someone to tell the king of the country to pay up. If the king refused then the wealthy merchants would refuse to sell their goods to that country.

This could mean for instance that the wealthy merchants would buy all the local produce and then sell it back to the populace at a vastly increased profit margin. Or worse, the merchants wouldn't sell the produce back to the people. This resulted in starvation of the underclasses, this would usually result in either the king paying the debt and taxing the people more or revolution. Sometimes if this failed the wealthy merchants would offer to lower a neighbouring country's interest rate in return for a service to them, this service was usually a declaration of war on the offending country.

You see a country has to take into account the desires of it's people and provide them with infrastructure to live their little lives. Whereas the corporations of the worlds elite exist simply to make insane ammounts of money, with little or no regard to anything other than the relentless pursuit of money. Or at least that's what most people here would like to believe, however the reality is the worlds so called elite live here on earth just like we the common people do.

I mean really, do you really think that the recent interest in the enviroment is the work of drug addled hippees, I'm afraid that's sadly mistaken. Virtually every government policy is handed down to the various political parties by the ruling elite that head up the nwo. If we put too much pollution into the sea, then it affects the fish the boats that comprise their fishing companies catch, also things that make us sick adversely affect our productivity and increase the ammount of money they have to pay into health funds if we work for them.

A few hundred years later and the power of the swiss uber bankers is pretty much well not disputed, they can destroy the economies of even first world nations. It's said that when america sneezes the world catches a cold, but when an uber banker scratches their balls every country gets screwed...

It never ceases to amaze me some of the delusions some of you suffer from, although perhaps that should read as. Some of the delusions some of you enjoy.

Unfortunately the evil nwo elite super bankers do not and have never printed money. Why on earth would they pay for something to make your lives easier ?.
The bankers simply tell various governments how much they're prepared to let their populations buy with the money the government issues. For instance, if a dollar is worth 80 cents to the bankers then the person wishing to buy something from overseas must pay an extra twenty cents on the to make up the dollar. We call this the exchange rate.

If there's someone out there that thinks there's a better analogy to describe how money gets valued then why don't they let us know instead of continuing that old crap about illuminati bankers pulling numbers out of their bums...
Holy cow! It's the woowoo patrol!
Anonymous Coward
User ID: 382071
United States
02/28/2008 12:54 AM
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Re: Making money, where that stuff that everyone loves comes from...
yes dear boy but you fail to mention where all of this got started..

England..

It starts there.. and it ends there..
 Quoting: ^TrInItY^


Actually, isn't England "owned" by the Vatican ?
Irdooomed  (OP)

User ID: 329170
Australia
02/28/2008 01:02 AM
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Re: Making money, where that stuff that everyone loves comes from...
Oh wow, my first pin.

Actually I'd have thought that the money changing idea started way before the bank in england. Jesus was said to have thrown money changers out of the temple, also I find it really difficult that there wasn't a bank in rome during the roman empire... However it's possible if not probable that the current incarnation of super money changers go back to england, but I really doubt it's a new idea.
Holy cow! It's the woowoo patrol!
The Monk
User ID: 325665
United States
02/28/2008 01:46 AM
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Re: Making money, where that stuff that everyone loves comes from...
Oh dear...

There seems to be some confusion about many things here at glp, so I've decided to try to explain some things to, well anyone that's interested.

So here is a short crappy story that will hopefully explain my theory on banking, and in doing so will put to rest some speculation that I consider to be somewhat flawed.

There was once a person that was bigger and stronger than the other people around him, he soon noticed that as he was bigger than them he could thump them much harder than they could thump him. So he decided to take over the village by thumping them, so he could act like a big man.
So after thumping a few people around him he achieved a status that could be best described as chief thumper of the people around him. However many people called him some other somewhat less civilised names...

The desire to thump the people around him combined with the continued practice of thumping the people around him meant that after a while the people became scared of him. This gave him power over them, so he made them do things for him. He made them call him a chief, they then had to bring him food and drink...
This went on for many years. When he had a son he told the kid to thump the people to get them to do things. The boy also thumped many people, this went on for generations. Eventually while hunting some men from the village came across some men from a different village, the chief at the time decided that he'd like to be chief of that village too. So he went to that village with a mob of people to thump the people living in the other village. After thumping the inhabitents of the second village he decided that it was silly to be called a chief when he had control of two villages, so he told everyone to call him a warlord.

A couple of villages later and warlord started to sound silly so he told everyone to call him just a lord. A few villages later and the lord decided to better describe his rank in the world as a baron. Eventually after subjugating the entire country he decided that it would be more prestigous to be called a king, and the country was to be called a kingdom. But running a country wasn't cheap, so he wanted to aquire more lands and taxed the peasants of a lot of the goods they made...

But hauling goods all over the country was very difficult so he needed to make up a way to get the goods back to his nice safe castle, unfortunately this would mean that he would need a bigger castle !. So he invented money, money could be used to represent goods and services and it would fit in his nice safe castle. The people would need the money to trade for things like food, animals and furniture. If the people didn't accept his money then he'd thump them really hard until they did...
As it turns out the people loved money, some more than others. It was so convenient, carrying some coins weighed a lot less than a lot of food, a bunch of animals or some furniture !. So this new magical invention money was nearly universally adopted as the new standard for trading throughout the kingdom, yes, even the armish liked the idea of money.

While the people lived and went about their day to day business. Some merchants realised that if they bought things cheap, they could sell these things for a lot more money than they paid for these things. This made these merchants a lot of money and soon people came to them and asked them if they could borrow money to buy things like houses and large wagons with faster horses... The merchants decided that if they could buy goods cheap and sell the goods dear, then... Why not buy money cheap and sell the money dear, it was a breakthrough for the merchants. They would sell the money by adding something they called interest to the ammount loaned, actually the reason why it's called interest is because it piques the merchants interest. After several years the merchants realised that lending money had it's pitfalls, robbers, tax, defaulting customers... So they decided to approach the king who was promptly surprised that they had money and decided to tax them !.

Eventually there were many poor people and they wanted a church to give them free food, so a church was established. One day the church learned that there was another church across the ocean, the guy at the front of the church decided that this church was bad because they believed in being the only church. So the guy at the front of the church told the poor people receiving free food that god wanted them to go and tell the king that the other church was bad and to go send someone to blow up the church !. The guy at the front of the church thought it would be a nice change for once !.

So the king declared war on the foreign church and wondered just how the hell he was supposed to blow the other church up as gun powder hadn't been invented yet...
But wars are expensive so the king needed money not only for the war but to also develop gun powder, so the king approached the rich merchants and asked them. "Can you lend me money to go blow up this church ?." The rich merchants thought long and thoughtfully about their answer just in case this was a trick to get them to admit they had money that the king would just thump them and take it from them muttering something about taxes...

The merchants said they could get the money but they would have to borrow it and to borrow it they'd have to repay more money. If the king really needed the money they could get it but the king would have to let them establish something they called a bank. The king would not only charge only a very little ammount of tax on the bank, but the king would provide security for the bank. The merchants decided that they'd keep only a small ammount of money in the the bank that the king made for them, their real wealth would be kept in their own bank. A bank that neither the king nor the people would never know about, a bank that was in a harbour in case the king decided to thump and tax them...

The bank that the king made was very good for both the king and the merchants, The many merchants hpuppieshouses that sold their goods for a profit to the various local markets near harbours everywhere. And soon the merchants lent the profits they made from the sales of their goods back to the people to buy more of their goods with, this practice indebted their country to the rich merchants even more...

By doing this to various countries around the world the rich merchants were by now really quite wealthy, however many people didn't understand how this complex system worked. Some of them couldn't or wouldn't repay the money they owed the by now wealthy merchants. When some people in a country didn't pay their debts the wealthy merchants would send someone to tell the king of the country to pay up. If the king refused then the wealthy merchants would refuse to sell their goods to that country.

This could mean for instance that the wealthy merchants would buy all the local produce and then sell it back to the populace at a vastly increased profit margin. Or worse, the merchants wouldn't sell the produce back to the people. This resulted in starvation of the underclasses, this would usually result in either the king paying the debt and taxing the people more or revolution. Sometimes if this failed the wealthy merchants would offer to lower a neighbouring country's interest rate in return for a service to them, this service was usually a declaration of war on the offending country.

You see a country has to take into account the desires of it's people and provide them with infrastructure to live their little lives. Whereas the corporations of the worlds elite exist simply to make insane ammounts of money, with little or no regard to anything other than the relentless pursuit of money. Or at least that's what most people here would like to believe, however the reality is the worlds so called elite live here on earth just like we the common people do.

I mean really, do you really think that the recent interest in the enviroment is the work of drug addled hippees, I'm afraid that's sadly mistaken. Virtually every government policy is handed down to the various political parties by the ruling elite that head up the nwo. If we put too much pollution into the sea, then it affects the fish the boats that comprise their fishing companies catch, also things that make us sick adversely affect our productivity and increase the ammount of money they have to pay into health funds if we work for them.

A few hundred years later and the power of the swiss uber bankers is pretty much well not disputed, they can destroy the economies of even first world nations. It's said that when america sneezes the world catches a cold, but when an uber banker scratches their balls every country gets screwed...

It never ceases to amaze me some of the delusions some of you suffer from, although perhaps that should read as. Some of the delusions some of you enjoy.

Unfortunately the evil nwo elite super bankers do not and have never printed money. Why on earth would they pay for something to make your lives easier ?.
The bankers simply tell various governments how much they're prepared to let their populations buy with the money the government issues. For instance, if a dollar is worth 80 cents to the bankers then the person wishing to buy something from overseas must pay an extra twenty cents on the to make up the dollar. We call this the exchange rate.

If there's someone out there that thinks there's a better analogy to describe how money gets valued then why don't they let us know instead of continuing that old crap about illuminati bankers pulling numbers out of their bums...
 Quoting: Irdooomed


The US govt. doesn't issue money, it borrows it from the uber bankers who in turn borrow it from us and other govt's by selling treasury bonds. Then we have to pay it back with interest and the uber bankers skim from the top. What we pay the IRS goes to pay all that interest. That's literally the only reason the IRS exists. It does not collect taxes to run the govt. We borrow the money to run our govt. from the uber bankers. When we have to spend more than we can borrow, like in waging a trillion dollar war in Iraq, we don't borrow it- we just print it(with the bankers permission of course), and that leads to runaway inflation.
Anonymous Coward
User ID: 382116
United States
02/28/2008 03:19 AM
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Re: Making money, where that stuff that everyone loves comes from...
the rabbit hole goes deep indeed...

damned

the answers are there... but you must have the eyes to see...

people think it's Israel, NeoCons, On and On, but it goes back much further than that.. These are just fingers of the hidden hand...

All roads lead to England.. NOT ROAM

your bank in the harbor is England dear boy.. England..

and this is the first time I have revealed a hint of what I know of this..

must be that pesky timing thing..

sorry old chaps ;)

and what gives me the eyes to see? ancestry... ancestry...

damn that DNA egh boyz?
 Quoting: ^TrInItY^



Long live the queen, aye?
Nothing Is True

User ID: 359941
United Kingdom
02/28/2008 04:55 AM
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Re: Making money, where that stuff that everyone loves comes from...
Does Malta play any part in your theory Trin?

hf
Everything is permitted..
Anonymous Coward
User ID: 210521
United States
02/28/2008 01:23 PM
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Re: Making money, where that stuff that everyone loves comes from...
bump
Nothing Is True

User ID: 359941
United Kingdom
02/28/2008 10:44 PM
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Re: Making money, where that stuff that everyone loves comes from...
bump x
Everything is permitted..
money is debt
User ID: 362433
United States
02/28/2008 10:54 PM
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Re: Making money, where that stuff that everyone loves comes from...
[link to video.google.com]





GLP