Someone here

billionaires

23 posts in this topic

Rich people are not the problem but creation of the money is. In fact we are no longer a capitalist society since 1971 thanks to Nixxon. Paper is not money. It's empty promises of one's government and soon something will happen. Like may be next month?? Anyways enough of conspiracy :)

Share this post


Link to post
Share on other sites

@Sucuk Ekmek so do you mean it's the banking system which is the problem, and the way it creates money? What happened in 1971, was it the end of the gold standard? I guess these things are intertwined: banks, big business and corporations. 


Relax, it's just my loosely held opinion.  :) 

Share this post


Link to post
Share on other sites
10 hours ago, snowyowl said:

@Sucuk Ekmek so do you mean it's the banking system which is the problem, and the way it creates money? What happened in 1971, was it the end of the gold standard? I guess these things are intertwined: banks, big business and corporations. 

 Central banks are the problem they create money out of thin air. 

 Yeah it's the end of gold standart, all papers are coupons since then. Coupons are not bad as long as you have faith in them and don't care about rich becoming richer. But once confidence of fiat money(toilet paper) is lost nobody knows what would happen. 

Of course things are intertwined and things are fucked so bad, I mean so bad. 

Btw, I am from Turkey and my government asking for our saving golds. That's a G20 country and this shitstorm just begun. 

Here is a perfect video on the subject from Prof. A. Fekete, despite it's recorded 7 years ago  symptoms spot on. 

 

Edited by Sucuk Ekmek
Misspell

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now