SUBSIM Radio Room Forums - View Single Post - New year jitters for bond markets as ECB cuts back stimulus

Skybird · 01-02-18, 08:32 AM

Centralbank policies - a drug-induced clueless operetta written by the drunk and insane, for an audience of walking deads. Excel in this madness, and you even get a forged Nobel prize which was not founded by Nobel, but was founded by the Norwegian central bank which then abused the name of Nobel for it.

No war has ever done as much damage, as central banks do year by year by year.

This is a nice and educative movie made on where money is coming from.

"Despite the endlessly presented mint footage, government-created money typically accounts for less than 5% the money in circulation. More than 95% of all money in existence today was created by somebody signing a pledge of indebtness to a bank. Whats more, this bank credit money is being created and destroyed in huge amounts every day, as new loans are made, and old one repaid."

As I often said, we have currently no money worth the name, true to the original meaning of the term. What we pay with and accept to get paid with - are debts without safeties. In other words: the only value these currency units indeed hold, is the promise of the illusion in them. Take away the illusion, and you are dead.

01-02-18, 08:32 AM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,616 Downloads: 10 Uploads: 0	Centralbank policies - a drug-induced clueless operetta written by the drunk and insane, for an audience of walking deads. Excel in this madness, and you even get a forged Nobel prize which was not founded by Nobel, but was founded by the Norwegian central bank which then abused the name of Nobel for it. No war has ever done as much damage, as central banks do year by year by year. This is a nice and educative movie made on where money is coming from. "Despite the endlessly presented mint footage, government-created money typically accounts for less than 5% the money in circulation. More than 95% of all money in existence today was created by somebody signing a pledge of indebtness to a bank. Whats more, this bank credit money is being created and destroyed in huge amounts every day, as new loans are made, and old one repaid." As I often said, we have currently no money worth the name, true to the original meaning of the term. What we pay with and accept to get paid with - are debts without safeties. In other words: the only value these currency units indeed hold, is the promise of the illusion in them. Take away the illusion, and you are dead. __________________ If you feel nuts, consult an expert.