The scam that is literally destroying the people (suspect, Obama, insurance)
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Bankers create money out of thin air and loan it to you at interest.
You then have to pay the principle and interest back out of your work, blood, sweat, and tears.
This is nothing short of slavery.
Right now as we speak, the federal reserve (which is a privately owned corporation - owned by private central bankers), prints out of thin air $85 billion each month. They use this to purchase 'mortgage backed securities' and other bonds. Meanwhile the bankers pay themselves multi-million dollar bonuses.
You on the other hand must work much of your whole life to pay off your $300,000 mortgage.
This system is unsustainable and will collapse at some point.
Bankers create money out of thin air and loan it to you at interest.
Sorry, you have to start your argument with a factual position or the entire thing falls apart. "Bankers" do not create money out of thin air. The Federal Reserve bank does under the guidance of the government.
Your problem here is not with the banks but rather the government. I suspect you might have a problem with placing the blame where it belongs.
Sorry, you have to start your argument with a factual position or the entire thing falls apart. "Bankers" do not create money out of thin air. The Federal Reserve bank does under the guidance of the government.
Your problem here is not with the banks but rather the government. I suspect you might have a problem with placing the blame where it belongs.
Exactly. And the problem has escalated exponentially under Obama.
Sorry, you have to start your argument with a factual position or the entire thing falls apart. "Bankers" do not create money out of thin air. The Federal Reserve bank does under the guidance of the government.
Your problem here is not with the banks but rather the government. I suspect you might have a problem with placing the blame where it belongs.
Uhh yes they do, its called fractional reserve banking...
You deposit $100 and they loan out $1000 they just created $$$ out of thin air...
Newsflash: Throughout history, even with sound money, usury has been charged. It is the rental price of money.
Usury? Yes. Making a profit on creating money out of thin air like the Federal Reserve does because it has a government-granted monopoly on doing so? Not so much.
Hint: It's not coming from the banks. They're just the vector. Disease pun intended.
It comes from thin air, they loan out more than they have they are creating new $$$...
Ever heard of a bank run???
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