central bank may 08 (Full Version)

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pahunkboy -> central bank may 08 (5/18/2008 5:27:44 PM)

http://blacklistednews.com/view.asp?ID=6574

ok-  in 2 months time; 33% of T bill holdings used -to loan to banks. i should have paid attention more in school- as it certainly doesnt sound good.




Termyn8or -> RE: central bank may 08 (5/19/2008 8:20:02 PM)

That's fractional banking man, that's the way it is. The whole system is basically a Ponzi scheme, and it always has been.

T




subfever -> RE: central bank may 08 (5/19/2008 9:30:58 PM)

Since 1913, anyway. 




Termyn8or -> RE: central bank may 08 (5/19/2008 11:49:13 PM)

Actually subf, it started around the time of the civil war. The final phase of the takeover happened in 1913.

T




subfever -> RE: central bank may 08 (5/20/2008 3:43:18 PM)

It started in 1791 with a 20-year charter that ended in 1811. Then a 2nd time in 1816 until 1836.

Then the 3rd time, in 1913 to present.

My initial point was that it hasn't always been.






pahunkboy -> RE: central bank may 08 (5/21/2008 11:22:37 AM)

ron paul says the chinese wont let us "live off of them".

hmm.   good point DR Paul.




subfever -> RE: central bank may 08 (5/22/2008 2:41:16 PM)

I've sometimes wondered what will happen when China's middle class grows large enough to replace the US consumer market for all the doo-dads and gee-zaws they produce. 




Termyn8or -> RE: central bank may 08 (5/22/2008 11:50:23 PM)

Well, all I can say to that is don't worry about it because the same type of people run that country run this one. They destroy the middle class.

So I don't think that's going to happen. But if the rich decide to get richer,which is bound to happen, the end result will be the same.

T




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