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Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it

 
Joe in JT
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11/16/2019 03:01 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Serious question. The world is a closed system. Assets just don’t evaporate into space. So how can every single country on earth be in debt?

[link to en.m.wikipedia.org (secure)]

In a closed system, if I take a Euro from you, I have a Euro. It doesn’t go anywhere, unless I owe someone else a Euro. If I give it to them, THEY have a Euro. So if money and goods are leaving one country (leaving it in debt like the US is), shouldn’t another country be wealthy from receiving the goods? Even oil rich countries like UAE and Qatar are in debt.

How is it that every. Single. Country. In the world is in massive debt? One country should be massively wealthy if funds were taken from all the countries, right?

Can someone explain it to me?
 Quoting: Anonymous Coward 77545963


Your idea is well and good under one condition. Everybody uses cash and there is no debt. But there is debt. Banks and the FED create debt. Debt (today) is money. Money is created from debt. When a person takes out a loan, or deposits money in a savings account, it becomes a digital number and debt. The biggest problem today is most people don't have actual cash. They use debit or credit. And fractional reserve takes care of the rest. Cash is king. Remember that.
Anonymous Coward
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11/16/2019 03:01 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Thanks everyone, for your helpful answers. So since “wealth” can be created out of thin air (with interest payments, depreciation of assets, and payments going to things of no value), how can We The People turn the tables on the fiat system and DECREASE that debt? Is it only by making money backed by something of value like gold or oil?
 Quoting: Anonymous Coward 77545963


there doesn't need to be any debt at all.

why does fiat money even need to be loaned?
 Quoting: Anonymous Coward 78170890


It should be secured lending. That is if a bank has $100 million in deposits, they can make $100 million in loans.

Economies grow when people with ideas can access credit. Because they may have the idea but they don't have the capital to get it off the ground.

Our system essentially allows banks to make loans with no real capital behind the loans. They call this fractional reserve lending and they are supposed to have 10% of the outstanding loans they make in cash on hand, in case depositors want their deposits back. If some of the loans go bad, and all the depositors want their money withdrawn from the bank, the bank is technically insolvent unless they have some assets they own they can sell.

You see this in the current repo market problems. The banks have assets but the market says the assets you have aren't worth the price you claim they are worth. The fed bailouts then come in and put a floor under the price of those assets enabling more corporate fraud.

Essentially it allows the commercial banks the ability to make new loans from nothing but an agreement to pay the loans back with interest. As soon as a loan is deposited in an account they wave a magic wand and it becomes real money that can be spent for the intended purposed of the loan.
Anonymous Coward
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11/16/2019 03:04 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Serious question. The world is a closed system. Assets just don’t evaporate into space. So how can every single country on earth be in debt?

[link to en.m.wikipedia.org (secure)]

In a closed system, if I take a Euro from you, I have a Euro. It doesn’t go anywhere, unless I owe someone else a Euro. If I give it to them, THEY have a Euro. So if money and goods are leaving one country (leaving it in debt like the US is), shouldn’t another country be wealthy from receiving the goods? Even oil rich countries like UAE and Qatar are in debt.

How is it that every. Single. Country. In the world is in massive debt? One country should be massively wealthy if funds were taken from all the countries, right?

Can someone explain it to me?
 Quoting: Anonymous Coward 77545963


Debt is the automatic result of central banking. Each dollar created as interest owed on it. This means there is the principal (100%) plus whatever interest that is owed on it. That creates a negative balance.

If the interest is 5%, then 105% is owed with no ability to get money that doesn't have debt attached.
callit

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11/16/2019 03:06 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Most people do not get that 1 family owns the whole world and is behind all the financial systems. They control it all and foster a 100% fake competitive environment between subdivided farms....the nations. Not even one thing here is done without being completely coordinated by this family. Not even 1 nation exists as anything other than one of their proxies.

This family has funded every building project and every destruction project. They build wealth on the books and then they destroy the wealth which still stays on the books. Their wars have been non stop and this is where the shrink comes into play. The stuff that is destroyed in the wars is still on the books as debt. Then they fund reconstruction after the war and it is again all on the books as debt. Then they destroy it again and fund another reconstruction. Over and over they strap the status of debt slaves onto their proxy farms called nations.

So you have a family of pricks and cunts running a system that continuously heaps more and more debt onto the entire world. Nobody can get out of the system. As soon as any try they are attacked. When the attacks are over they come out the other side even more in debt than before. Every place on Earth has fallen to them several times over.

The USA is not free...never has been. A sub shoot of the family tree has always ran the USA. These are the lower levels of the family. Every POTUS there has ever been, including Trump is part of the family. The royal houses are all directly from this family as well. The bankster houses are another part of this family. Every country in this world has part of this family running it. All leaders in our plain sight are low level members of the same family.

The real controlling part of the family....you have never seen them. You have never heard of them. You have no idea who they are. They do not do the dirty work. They don't breath the same air as you do. They don't drink the same water you do. They are not exposed to the same bombardment of constant abuse that you are. They are tucked away from all of the sick happenings of the world.

Tucked away where? Where you are not. Where you cannot go. Where you have no chance to subvert them.

What is there with them? Things you cannot even begin to imagine. Things that are the real wealth of this world. All the knowledge that has ever existed here is there with them. All the power there is in this world is there with them. The scope of what they have is beyond your imagination.

Can they be stopped? Yes. How? Divine intervention. Have you discovered their beginning to be looking for their end for there too it will be? They started through divine intervention and they will end through the same divine intervention.

Until then....there is no chance for anything here to be done besides their will. This entire world is powerless to do anything besides what they want done. Every thought that anything is being done outside their will is a totally fictional thought. This is all theirs until it is taken by the same hands that gave it to them.
 Quoting: Anonymous Coward 77852475



Yes & No
Levi Philos
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11/16/2019 03:06 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
The system you see in operation currently is the same system that has been in operation for 1000's of years.
 Quoting: MlCHAEL


Another thing that went on for thousands of years is the belief that the earth is flat.

Is that sufficient reason to continue?

Or, might it be better to get over that hump and take command of the situation in a decentralized fashion?
MarPep

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11/16/2019 03:14 PM

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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
The system you see in operation currently is the same system that has been in operation for 1000's of years.
 Quoting: MlCHAEL


Another thing that went on for thousands of years is the belief that the earth is flat.

Is that sufficient reason to continue?

Or, might it be better to get over that hump and take command of the situation in a decentralized fashion?
 Quoting: Levi Philos 590644


TPTB got there intentionally, and there will be no "taking command of the situation" by anyone else. A few thousand years of planning and a hundred years of control of US finance---and they now control all governments, all commodities, all energy production, and all major news media. Try to change that and you get a world war like WWII, or individual elimination, like JFK.
_______________
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Anonymous Coward
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11/16/2019 03:22 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Serious question. The world is a closed system. Assets just don’t evaporate into space. So how can every single country on earth be in debt?

[link to en.m.wikipedia.org (secure)]

In a closed system, if I take a Euro from you, I have a Euro. It doesn’t go anywhere, unless I owe someone else a Euro. If I give it to them, THEY have a Euro. So if money and goods are leaving one country (leaving it in debt like the US is), shouldn’t another country be wealthy from receiving the goods? Even oil rich countries like UAE and Qatar are in debt.

How is it that every. Single. Country. In the world is in massive debt? One country should be massively wealthy if funds were taken from all the countries, right?

Can someone explain it to me?
 Quoting: Anonymous Coward 77545963


The wealthy have 5 trillion tied up not circulating.
Crypto-Tard

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11/16/2019 03:40 PM

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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Thanks everyone, for your helpful answers. So since “wealth” can be created out of thin air (with interest payments, depreciation of assets, and payments going to things of no value), how can We The People turn the tables on the fiat system and DECREASE that debt? Is it only by making money backed by something of value like gold or oil?
 Quoting: Anonymous Coward 77545963


there doesn't need to be any debt at all.

why does fiat money even need to be loaned?
 Quoting: Anonymous Coward 78170890


It should be secured lending. That is if a bank has $100 million in deposits, they can make $100 million in loans.

Economies grow when people with ideas can access credit. Because they may have the idea but they don't have the capital to get it off the ground.

Our system essentially allows banks to make loans with no real capital behind the loans. They call this fractional reserve lending and they are supposed to have 10% of the outstanding loans they make in cash on hand, in case depositors want their deposits back. If some of the loans go bad, and all the depositors want their money withdrawn from the bank, the bank is technically insolvent unless they have some assets they own they can sell.

You see this in the current repo market problems. The banks have assets but the market says the assets you have aren't worth the price you claim they are worth. The fed bailouts then come in and put a floor under the price of those assets enabling more corporate fraud.

Essentially it allows the commercial banks the ability to make new loans from nothing but an agreement to pay the loans back with interest. As soon as a loan is deposited in an account they wave a magic wand and it becomes real money that can be spent for the intended purposed of the loan.
 Quoting: Anonymous Coward 76760905


Fractional reserve bank lending is counterfeiting under a different name.

Charging interest for something that doesn't exist (as the "money" is created only as it's lent into existence) is the true definition of USURY.

aka "Money for nothing and your chicks for free".



Last Edited by Crypto-Tard on 11/16/2019 03:40 PM
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
anonymous kiwi
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11/16/2019 03:41 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Serious question. The world is a closed system. Assets just don’t evaporate into space. So how can every single country on earth be in debt?

[link to en.m.wikipedia.org (secure)]

In a closed system, if I take a Euro from you, I have a Euro. It doesn’t go anywhere, unless I owe someone else a Euro. If I give it to them, THEY have a Euro. So if money and goods are leaving one country (leaving it in debt like the US is), shouldn’t another country be wealthy from receiving the goods? Even oil rich countries like UAE and Qatar are in debt.

How is it that every. Single. Country. In the world is in massive debt? One country should be massively wealthy if funds were taken from all the countries, right?

Can someone explain it to me?
 Quoting: Anonymous Coward 77545963


The wealthy have 5 trillion tied up not circulating.
 Quoting: Anonymous Coward 78007690


Rothchilds wealth is estimated at 500 TRILLION ..much info on this if you search
Wayfaring Stranger

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11/16/2019 03:43 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Supply depot;
Output=100%
Input =108%

Fail so see any problem minions.
Anonymous Coward
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11/16/2019 03:44 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Money, itself, has no intrinsic value.
Anonymous Coward
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11/16/2019 03:44 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
ask the juice
ThirstyMarlin

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11/16/2019 05:52 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Something I have not seen on this thread yet is a simple answer to the (OPs) question. Here it is:

Take a look at Asia. Not just China (which is huge) but all of the Asian Nations. They are kicking ass financially. Take for example Singapore and Malaysia. Their financial growth in the past 30 years is astounding. Their cities are ultra modern and clean. The people's standard of living has increased dramatically in the past 30 years.

And China. When you go to your local Big Box store, have you looked at the origin of manufacture of all the shit for sale; that is to say, all the shit we buy? Does it say made in China? Of course it does.

Look at India. Have you ever received a telemarketing call from India? Or called tech support to find out you are talking to a customer service rep in India? Of course you have. India's financial wealth has increased and the quality of life has increased.

Africa not as much growth, but overall, in the past 30 years, many nations in Africa have improved the quality of life for their people, not everywhere, but some nations such as Kenya.

Russia, which had its back broken at the end of the Cold War 30 years ago, is now a much more affluent country. Moscow is a brilliant, vibrant city, and 30 years ago it was a depressed, broken, wreck.

Hong Kong....same story as above. Of course this only leaves out South America and Europe...both not doing so great.

And finally, the Good Ol' USA (North America). How has your standard of life increased? Not so much huh? Well, you can always move to Vietnam, their economy is booming!

Marlin!
CK722

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11/16/2019 06:50 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Most people do not get that 1 family owns the whole world and is behind all the financial systems. They control it all and foster a 100% fake competitive environment between subdivided farms....the nations. Not even one thing here is done without being completely coordinated by this family. Not even 1 nation exists as anything other than one of their proxies.

This family has funded every building project and every destruction project. They build wealth on the books and then they destroy the wealth which still stays on the books. Their wars have been non stop and this is where the shrink comes into play. The stuff that is destroyed in the wars is still on the books as debt. Then they fund reconstruction after the war and it is again all on the books as debt. Then they destroy it again and fund another reconstruction. Over and over they strap the status of debt slaves onto their proxy farms called nations.

So you have a family of pricks and cunts running a system that continuously heaps more and more debt onto the entire world. Nobody can get out of the system. As soon as any try they are attacked. When the attacks are over they come out the other side even more in debt than before. Every place on Earth has fallen to them several times over.

The USA is not free...never has been. A sub shoot of the family tree has always ran the USA. These are the lower levels of the family. Every POTUS there has ever been, including Trump is part of the family. The royal houses are all directly from this family as well. The bankster houses are another part of this family. Every country in this world has part of this family running it. All leaders in our plain sight are low level members of the same family.

The real controlling part of the family....you have never seen them. You have never heard of them. You have no idea who they are. They do not do the dirty work. They don't breath the same air as you do. They don't drink the same water you do. They are not exposed to the same bombardment of constant abuse that you are. They are tucked away from all of the sick happenings of the world.

Tucked away where? Where you are not. Where you cannot go. Where you have no chance to subvert them.

What is there with them? Things you cannot even begin to imagine. Things that are the real wealth of this world. All the knowledge that has ever existed here is there with them. All the power there is in this world is there with them. The scope of what they have is beyond your imagination.

Can they be stopped? Yes. How? Divine intervention. Have you discovered their beginning to be looking for their end for there too it will be? They started through divine intervention and they will end through the same divine intervention.

Until then....there is no chance for anything here to be done besides their will. This entire world is powerless to do anything besides what they want done. Every thought that anything is being done outside their will is a totally fictional thought. This is all theirs until it is taken by the same hands that gave it to them.
 Quoting: Anonymous Coward 77852475



Are you willing to disclose names and faces?
Anonymous Coward
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11/16/2019 07:03 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Most people do not get that 1 family owns the whole world and is behind all the financial systems. They control it all and foster a 100% fake competitive environment between subdivided farms....the nations. Not even one thing here is done without being completely coordinated by this family. Not even 1 nation exists as anything other than one of their proxies.

This family has funded every building project and every destruction project. They build wealth on the books and then they destroy the wealth which still stays on the books. Their wars have been non stop and this is where the shrink comes into play. The stuff that is destroyed in the wars is still on the books as debt. Then they fund reconstruction after the war and it is again all on the books as debt. Then they destroy it again and fund another reconstruction. Over and over they strap the status of debt slaves onto their proxy farms called nations.

So you have a family of pricks and cunts running a system that continuously heaps more and more debt onto the entire world. Nobody can get out of the system. As soon as any try they are attacked. When the attacks are over they come out the other side even more in debt than before. Every place on Earth has fallen to them several times over.

The USA is not free...never has been. A sub shoot of the family tree has always ran the USA. These are the lower levels of the family. Every POTUS there has ever been, including Trump is part of the family. The royal houses are all directly from this family as well. The bankster houses are another part of this family. Every country in this world has part of this family running it. All leaders in our plain sight are low level members of the same family.

The real controlling part of the family....you have never seen them. You have never heard of them. You have no idea who they are. They do not do the dirty work. They don't breath the same air as you do. They don't drink the same water you do. They are not exposed to the same bombardment of constant abuse that you are. They are tucked away from all of the sick happenings of the world.

Tucked away where? Where you are not. Where you cannot go. Where you have no chance to subvert them.

What is there with them? Things you cannot even begin to imagine. Things that are the real wealth of this world. All the knowledge that has ever existed here is there with them. All the power there is in this world is there with them. The scope of what they have is beyond your imagination.

Can they be stopped? Yes. How? Divine intervention. Have you discovered their beginning to be looking for their end for there too it will be? They started through divine intervention and they will end through the same divine intervention.

Until then....there is no chance for anything here to be done besides their will. This entire world is powerless to do anything besides what they want done. Every thought that anything is being done outside their will is a totally fictional thought. This is all theirs until it is taken by the same hands that gave it to them.
 Quoting: Anonymous Coward 77852475



Are you willing to disclose names and faces?
 Quoting: CK722


rothschilds
Monty Python

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11/16/2019 07:46 PM

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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Thanks everyone, for your helpful answers. So since “wealth” can be created out of thin air (with interest payments, depreciation of assets, and payments going to things of no value), how can We The People turn the tables on the fiat system and DECREASE that debt? Is it only by making money backed by something of value like gold or oil?
 Quoting: Anonymous Coward 77545963


there doesn't need to be any debt at all.

why does fiat money even need to be loaned?
 Quoting: Anonymous Coward 78170890


trumpthis
Monty Python's Flying Circus
Greymatter
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11/16/2019 08:25 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Quoting "Callit"

"""
The real controlling part of the family....you have never seen them. You have never heard of them. You have no idea who they are. They do not do the dirty work. They don't breath the same air as you do. They don't drink the same water you do. They are not exposed to the same bombardment of constant abuse that you are. They are tucked away from all of the sick happenings of the world.

"""
Thnx Callit for great insight, you called it far better thrn I could. These controllers do not think like the rest of us. They have a philosophy that cannot be grasped be us mere mortals. At least thats the way it seems.

GM
Anonymous Coward
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11/16/2019 08:34 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Serious question. The world is a closed system. Assets just don’t evaporate into space. So how can every single country on earth be in debt?

[link to en.m.wikipedia.org (secure)]

In a closed system, if I take a Euro from you, I have a Euro. It doesn’t go anywhere, unless I owe someone else a Euro. If I give it to them, THEY have a Euro. So if money and goods are leaving one country (leaving it in debt like the US is), shouldn’t another country be wealthy from receiving the goods? Even oil rich countries like UAE and Qatar are in debt.

How is it that every. Single. Country. In the world is in massive debt? One country should be massively wealthy if funds were taken from all the countries, right?

Can someone explain it to me?
 Quoting: Anonymous Coward 77545963


The wealthy have 5 trillion tied up not circulating.
 Quoting: Anonymous Coward 78007690


Rothchilds wealth is estimated at 500 TRILLION ..much info on this if you search
 Quoting: anonymous kiwi 77283906


Ze roths own much more than simply material wealth
MarPep

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11/16/2019 08:50 PM

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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
The Wealth of a nation is the availability and purchase-ability of Goods and Services.

Money is the medium of exchange we use.

Value is the amount of time, knowledge, or effort required to make or produce the good or service.

When the money is not controlled by rules or laws, then the producers of "money" become all-powerful.

That's where we are today.
_______________
They let me off with a warning and a couple of bullet holes.
Anonymous Coward
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11/16/2019 09:22 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
if all debt were paid off there would be no money in existence.
It is a rigged game with private bankers able to create fiat money out of thin air and lend to banks for nothing who in turn lend to you at inflated interest.
Economists invent a figure of 2% inflation which in reality is the vig paid to the private bankers who without inflation would recieve nothing.
Its a circular ponzi intentionally calculated to leave you the individual perpetually owing interest and in debt.
This is a babylonian money system similar to the accounting system which which is back to front with debt as the cornerstone of its existence.
It is the most evil system in existence and why this is not the number 1 topic by politicians to rid us of this evil slave system speaks volumes. Either the politicians are ignorant of the evil money system which i doubt at high levels or they are part of this system.
It would be much better for the population to have a positive money system as opposed to the debt based system but without a significant shift in awareness by normal people this will never happen. It is intentionally made complex and difficult because the deceit is so fundamentally evil.
For some truth watch godfrey bloom - the whole banking system is a scam

<iframe width="560" height="315" src=" [link to www.youtube.com (secure)] frameborder="0" allow="accelerometer; dont_use_this; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
Anonymous Coward
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11/16/2019 09:40 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Most money is just electrons on a computer screen.

Disappears into the ether. Or reappears. Magical.
MarPep

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11/16/2019 10:11 PM

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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Most money is just electrons on a computer screen.

Disappears into the ether. Or reappears. Magical.
 Quoting: Anonymous Coward 77333689


Money is not the problem.. Control of production of money is the problem.
_______________
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Anonymous Coward
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11/17/2019 12:12 AM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
"30 years ago, 70% of the North American landmass was off-limits to the American public. Today, it's 90%. The bankster gangsters own it all - one of the perks to controlling the printing press that prints our paper money. We literally have a foreign banking cartel that prints our paper money & our own government is forbidden to audit them.

John F. Kennedy announced he was going to print a new currency & be rid of them & their "secret societies." 2 weeks later he had the top of his head blown off. Ronald Reagan announced he wanted to audit them - find out what they were really doing. Soon afterwards he was nearly assassinated.

The OP's question can never be answered until our central bank (the Federal Reserve) is audited. That's who calls the shots."


This... all the fake political clown theater about meaningless issues keeps most peoples attention far away from any real problems.
Anonymous Coward
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11/17/2019 10:34 AM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
The earth is losing the right time to watch our presidential systems

s226
Anonymous Coward
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11/17/2019 05:21 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Pertinent answers to the question whose topic is the subject line....

Can be found on this page (78):

Thread: Get rid of the money system, then get rid of goverrments (Page 78)
Levi Philos
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11/17/2019 05:23 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Double entry bookkeeping money creation discussed here:

On Principal And Interest, Hermetic Magick, And The Lords of Time

[link to psalmistice.com (secure)]
Anonymous Coward
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11/17/2019 05:27 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
"30 years ago, 70% of the North American landmass was off-limits to the American public. Today, it's 90%. The bankster gangsters own it all - one of the perks to controlling the printing press that prints our paper money. We literally have a foreign banking cartel that prints our paper money & our own government is forbidden to audit them.

John F. Kennedy announced he was going to print a new currency & be rid of them & their "secret societies." 2 weeks later he had the top of his head blown off. Ronald Reagan announced he wanted to audit them - find out what they were really doing. Soon afterwards he was nearly assassinated.

The OP's question can never be answered until our central bank (the Federal Reserve) is audited. That's who calls the shots."


This... all the fake political clown theater about meaningless issues keeps most peoples attention far away from any real problems.
 Quoting: Anonymous Coward 77449541


did you know the US interstate system was built in FIVE YEARS under Dwight Eisenhower? for 5 billion dollars?

if it was built today it would have taken one million years and cost 500000 trillion dollars

and it was built because , in case of atomic war, people would need to move out of the cities and re-establish new cities along the highway system.

well the obvious implication is that much of the property along those highways had been reserved for eminent domain, for the public. if there was an emergency, all the land, a mile from the interstate was now alotted to the public for free as living space.


so why is an economic collapse any less dire?
Levi Philos
User ID: 590644
United States
11/17/2019 05:29 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Thomas Schauf -- CPA wrote several books on how the banks run their system.

These books were reproduced and sold at prices from $150 to $250 each 15 years ago. Now you can find them free at a number of web locations.

Here is a search string that will work:
[link to duckduckgo.com (secure)]
Anonymous Coward
User ID: 77500398
United States
11/17/2019 05:30 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Double entry bookkeeping money creation discussed here:

On Principal And Interest, Hermetic Magick, And The Lords of Time

[link to psalmistice.com (secure)]
 Quoting: Levi Philos 590644


lol, i know right

if you've ever taken accounting you know it's fucking silly

they take something fairly straightforward and turn it into something incomprehensible

as someone who got 100% on advanced calculus tests and differential equations, double entry accounting makes about as much sense as chicken voodoo. i mean, it's pretty fucking subjective, it does make sense but .....it's not number based accounting, it's highly theoretical
Levi Philos
User ID: 590644
United States
11/17/2019 05:34 PM
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Re: Where on earth is the money going? The world is a closed system. If one country loses money, another should gain it
Thomas Greco has been writing and speaking about creating systems of decentralized mutual credit. Here is a search string that will help you discover his valuable insights:

[link to duckduckgo.com (secure)]





GLP