Science a GoGo's Home Page Forums General Discussion Not-Quite-Science Forum Science-based ECONOMICS--Take a LOOK, OK!........

Rev

I browsed the several types of local currency methods at
the transaction.net site.

I have a problem with any currency who's value can be
manipulated by people who have loads of money.

If were looking to stabilize currency then we can not allow
currency to be traded like stocks.

currency has no real value.

its like borrowing money on the papers you get when you take
out a loan at the bank.

money only has value when it is used to purchase a product or service.

a federal reserve note such as a dollar bill is nothing but a loan that is given to the federal reserve banks by the federal reserve ( which is just a few uber rich folk ) and it is the People of the United States who must repay the loan through interest , the People are the collateral taken for security in the loan.

all currencies are worthless until you need to take out a loan
by spending a dollar bill.

to make it really simple , if you have a volume of dollar bill notes that equal 1 million dollars , then you have the right to
put the People of the U.S. 1 million dollars further in debt.

this means that any volume of federal reserve note's sitting
in someone's bank account earning interest causes the amount
that the People of the U.S. owe to the fed to increase by every cent of interest paid to that account.

the federal reserve makes dollars by recording dollar amounts
in their accounting system.

those dollars are nothing but loans to be loaned to the federal reserve banks.

those dollars are then loaned to the federal reserve banks
the federal reserve banks then print out the amount of dollars on the loan.

and the federal reserve banks then loan those dollar notes to federal reserve branch banks.

people can then apply for the right to spend those federal reserve notes by taking out a loan against what they are worth
or the worth of a product.


the federal reserve is a ponzi scheme.
and that's all it is.

the federal reserve
( which is not connected to the United States Government )
was created in 1913 by the uber rich who had been bailing out
the U.S. government for quite some time.

and the U.S. currency became like stocks , that can be bought and sold which caused the value to fluctuate.

it wasnt long after that that the fed approached the U.S.
government and informed them that the government was bankrupt.

the government needed money , so the social security act
was created , this gave the U.S. government a way to pay its
debts to the federal reserve.

the details show that title to every U.S. citizen is used
as collateral in the loans that the Fed grants to the U.S. government.

or something like that.

now for a little conspiracy !!!

LOL

what if , the FEMA camps were built to hold foreclosed upon collected citizen's due to non payment to the fed by the amount of taxes that the government collects that are shuttled directly to the fed ( ponzi scheme )?

what if , the many vacant cities in china were built to house
the foreclosed upon property ( U.S. Citizens ) that belongs
to the fed (ponzi scheme).

so that the fed can place these foreclosed on properties
( U.S. Citizens )into work camps in china in order to recover payment on the unpaid loans.

Bags of Salt Water have value.

MUHAHAHAHAAAAAAA !