central bank may 08

Collarspace Discussion Forums

Home Login Search

central bank may 08

View related threads: (in this forum | in all forums)

Logged in as: Guest

All Forums >> [Casual Banter] >> Off the Grid >> central bank may 08

Page: [1]

Message

<< Older Topic Newer Topic >>

central bank may 08 - 5/18/2008 5:27:44 PM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline

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.

Profile

Post #: 1

RE: central bank may 08 - 5/19/2008 8:20:02 PM

Termyn8or

Posts: 18681
Joined: 11/12/2005
Status: offline

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

(in reply to pahunkboy)

Profile

Post #: 2

RE: central bank may 08 - 5/19/2008 9:30:58 PM

subfever

Posts: 2895
Joined: 5/22/2004
Status: offline

Since 1913, anyway.

(in reply to Termyn8or)

Profile

Post #: 3

RE: central bank may 08 - 5/19/2008 11:49:13 PM

Termyn8or

Posts: 18681
Joined: 11/12/2005
Status: offline

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

T

(in reply to subfever)

Profile

Post #: 4

RE: central bank may 08 - 5/20/2008 3:43:18 PM

subfever

Posts: 2895
Joined: 5/22/2004
Status: offline

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.

(in reply to Termyn8or)

Profile

Post #: 5

RE: central bank may 08 - 5/21/2008 11:22:37 AM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline

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

hmm. good point DR Paul.

(in reply to subfever)

Profile

Post #: 6

RE: central bank may 08 - 5/22/2008 2:41:16 PM

subfever

Posts: 2895
Joined: 5/22/2004
Status: offline

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.

(in reply to pahunkboy)

Profile

Post #: 7

RE: central bank may 08 - 5/22/2008 11:50:23 PM

Termyn8or

Posts: 18681
Joined: 11/12/2005
Status: offline

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

(in reply to subfever)

Profile

Post #: 8