This shows you the differences between two versions of the page.
does_money_exist_or_have_we_all_been_tricked [2020/02/18 00:05] |
does_money_exist_or_have_we_all_been_tricked [2022/07/01 11:23] (current) |
||
---|---|---|---|
Line 1: | Line 1: | ||
+ | ====== Does Money Exist Or Have We All Been Tricked? ====== | ||
+ | The question was asked by "jelly bean" | ||
+ | |||
+ | It seems the money we borrow for mortgages and other loans is just printed on a statement or its on a computer screen for us to look at. It seems to me that a small amount is out there which when printed has interest slapped on it, and is impossible for a government to pay back. Why is interest put on money that is printed and not just a fee paid for printing the money. Anyway, if we all took our money out of the banks, that's cash by the way, not a bit of paper, would it cripple the banks and bring the country to its knees. That's if they could???? | ||
+ | |||
+ | The question was answered by "old know all" | ||
+ | |||
+ | Money doesn' | ||
+ | |||
+ | {{ : | ||
+ | |||
+ | However true this may be, it does exist for us mere mortals otherwise living our luxurious lifestyles would not be possible, the powers allow banks to repossess, stores will not give away food or cloths and all the rest of it and for a government an acceptable rate of inflation, because money is imagined into existence the amount that is in the system has an effect on its value and our lifestyles. For instance if everyone has one million dollars, then how much value is that? The system of goods and services will calibrate itself accordingly to the point where the medium becomes dysfunctional. So how does a government hide inflation? by getting the other guy to do the same, then the indicator for inflation becomes the price of rare metals such as gold that are not so easily inflated. Another word for inflation is devalue and is the act of simply printing paper money. | ||
+ | |||
+ | * [[http:// | ||
+ | |||
+ | Gold was at $20.65 an ounce in 1833 and it was $40.80 an ounce in 1971. Mid 2011 price of gold price was $1,577.58. Taking into account and subtracting demand there is inflation, that means it takes a bit more green to buy the same amount. Inflation is necessary to keep the economy, more importantly everyone humming along with a decent standard of living but not many people, organizations, | ||
+ | |||
+ | In an age where politicians are wise to the virility in the grass roots business environment and are keen to develop an strong private sector to can brace all crisis, the need for modular rather than monolith companies and the need for a strong private sector, currently the world' | ||
+ | |||
+ | * Chinese Army (approx. 2.3M) | ||
+ | * Walmart (approx. 1.8M) | ||
+ | * United States Deparment of Defense (approx. 1.5M) | ||
+ | * Indian Rail (approx. 1.4M) | ||
+ | * NHS National Health Service (approx. 1.3M) | ||
+ | |||
+ | Four out of the five are government funded, the other utilizes slave labor. |