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Interesting video on vimeo...a good fyi about how the banks are currently being run

 
Green Ki
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04/11/2016 09:34 PM
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Interesting video on vimeo...a good fyi about how the banks are currently being run
[link to vimeo.com (secure)]

I learned a bunch about the banks.
«««...We have to seek truth and information ... to provide hope and the Greater Good...»»»
Anonymous Coward
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04/11/2016 09:40 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
pretty good ,, :5stars:
MaybeTrollingU

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04/11/2016 09:43 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
I can explain you how banks actually works. If you are interested, let me know, but in advance, its a long explanation.
Anonymous Coward
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04/11/2016 10:05 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
I can explain you how banks actually works. If you are interested, let me know, but in advance, its a long explanation.
 Quoting: MaybeTrollingU


Please.
Green Ki  (OP)

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04/11/2016 10:11 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
tittybump
«««...We have to seek truth and information ... to provide hope and the Greater Good...»»»
MaybeTrollingU

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04/11/2016 10:30 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
I can explain you how banks actually works. If you are interested, let me know, but in advance, its a long explanation.
 Quoting: MaybeTrollingU


Please.
 Quoting: Anonymous Coward 64514930


Ok!

In the ancient times, people were paid in gold. The work they performed was paid in gold. There were always have been thieves around too. So carrying gold is risky, because you can lose a whole lot of your payment in a second. This is why banks were invented. Banks held your gold, for a small share of it. In return they give you a piece of paper, stating that you have X much gold and you can use this paper to withdraw your gold or part of it, minus the bank share.

Ok, this was going well. But bankers started to realize that people didn't use all of their gold in daily basis transactions. It was something around 10% of their gold. This made bankers start to loan money, with interest of course. So, they summed up all the gold they had and knew they could loan that much gold and get that gold back with some interest, wich is more profit. People knew about that, and thought that these loans with their gold was not fair and banks started to split the profit of loans with gold holders. This is why your saving accounts give you some profit till today. But banks profits became lower by spliting their profit with gold holders.

Then bankers had a great idea: loan gold they don't actually have! Since what they loan actually were the papers stating that it worth X amount of gold, all they needed is to write more of those papers! Fiat currency!

This is money created from thin air. Loan to someone that will pay it with interest. If everybody pays their loans, everything will be zero'd again. Its perfect! But there is one problem: the interest rates. It is money created from money created from thin air. It doesn't exist. And in today's system, it must be printed. But the corruption between money/gold back, is so corrupted today, that it must be printed BIG time. This creates inflation and things get more expensive, along with the interest rates that banks regulate themselves. So, you pay for the banks to keep on profiting by your misery.

The sad reality is: we wake early and work your fingers to the bone, to pay bank interest rates, which are profit from money created from nothing. We are the most important part of the very core of the system designed to destroy us all and we are the ones making it work, against ourselves. While the ones collecting the profit, tell us that this is the way it is supposed to be.
Anonymous Coward
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04/11/2016 11:32 PM
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Re: Interesting video on vimeo...a good fyi about how the banks are currently being run
I can explain you how banks actually works. If you are interested, let me know, but in advance, its a long explanation.
 Quoting: MaybeTrollingU


Please.
 Quoting: Anonymous Coward 64514930


Ok!

In the ancient times, people were paid in gold. The work they performed was paid in gold. There were always have been thieves around too. So carrying gold is risky, because you can lose a whole lot of your payment in a second. This is why banks were invented. Banks held your gold, for a small share of it. In return they give you a piece of paper, stating that you have X much gold and you can use this paper to withdraw your gold or part of it, minus the bank share.

Ok, this was going well. But bankers started to realize that people didn't use all of their gold in daily basis transactions. It was something around 10% of their gold. This made bankers start to loan money, with interest of course. So, they summed up all the gold they had and knew they could loan that much gold and get that gold back with some interest, wich is more profit. People knew about that, and thought that these loans with their gold was not fair and banks started to split the profit of loans with gold holders. This is why your saving accounts give you some profit till today. But banks profits became lower by spliting their profit with gold holders.

Then bankers had a great idea: loan gold they don't actually have! Since what they loan actually were the papers stating that it worth X amount of gold, all they needed is to write more of those papers! Fiat currency!

This is money created from thin air. Loan to someone that will pay it with interest. If everybody pays their loans, everything will be zero'd again. Its perfect! But there is one problem: the interest rates. It is money created from money created from thin air. It doesn't exist. And in today's system, it must be printed. But the corruption between money/gold back, is so corrupted today, that it must be printed BIG time. This creates inflation and things get more expensive, along with the interest rates that banks regulate themselves. So, you pay for the banks to keep on profiting by your misery.

The sad reality is: we wake early and work your fingers to the bone, to pay bank interest rates, which are profit from money created from nothing. We are the most important part of the very core of the system designed to destroy us all and we are the ones making it work, against ourselves. While the ones collecting the profit, tell us that this is the way it is supposed to be.
 Quoting: MaybeTrollingU


^^^^ This should be pinned. Wow just Wow.





GLP