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REPORT ABUSIVE REPLY
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Message Subject
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BREAKING: The Fed is sharply increasing the amount of help it is providing to the financial system
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Poster Handle
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Anonymous Coward |
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Post Content
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Who the hell is receiving all this money that is
created out of thin air????
:bf12:
Quoting: Trained Noticer That's not how it works. The money is very real. This is how it works - Banks have to have a certain % of cash to assets at the close of a day's trading. That's the law. If they don't have enough cash they go to The Fed (The Bank of Last Resort because banks won't lend to each other) and they borrow the shortfall in the form of an overnight 0% loan to be paid straight back when the bank opens in the morning. This is mainly happening because interest rates are so low that banks aren't making as much cash as they used to do. banks don't make a profit off the interest on their 'money' they make a profit by creating the money out of nothing. what makes that money 'real' is the guns by the court officers who come to kill you if you don't pay it back and we are all forced to borrow money because they keep supply low enough and wages low enough that you have no choice. one big fucking scam and enough people benefit from the pyramid scheme that it remains stable. the people at the top of the pyramid are livin large. at the very top of the Pyramid is Satan Correct on all counts, the perversion of just weights and measures will not be tolerated much longer. The courts and Government do the bidding of Lucifer, the Father of all LIES.
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