+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 51
Latest: JUST4TheFACTS
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 14133
Total Topics: 268
Most Online Today: 47
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 10
Total: 10

Author Topic: Money  (Read 8092 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 31121
  • Location: Colchester, Vermont
    • Renwable Revolution
It depends on the definition of "we".
« Reply #660 on: September 15, 2019, 03:08:10 pm »
The Last Time Banks Did This... They Caused A Financial Crash w/Richard Wolff
What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it?

The last time the banks were able to lend out their reserves... we found ourselves in a global financial crash!


We never learn anything, do we?

Quote
“We are the United States of Amnesia, we learn nothing because we remember nothing.”
― Gore Vidal

It depends on the definition of "we". After every single financial crash the USA has gone through since at least 1913, and probably long before, the concentration of wealth and power has increased for TPTB 1% elite predators. They learned early on how to push the horses and sparrows BULLSHIT that we-the-people are the sparrows quite happy with picking the "trickle down" seeds out of the elite horse droppings. There hasn't been ANY downside for those that are responsible for establishing the conditions that bring about these public impoverishing crashes. So, they continue to do what they do.

Long pitchforks.
« Last Edit: September 15, 2019, 09:30:44 pm by AGelbert »
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

+-Recent Topics

🌟 IMPEACHMENT SCORE 🌠 by AGelbert
November 19, 2019, 08:16:10 pm

Science by AGelbert
November 19, 2019, 04:09:49 pm

Plants Which are BOTH Nutritional and Medicinal by AGelbert
November 19, 2019, 03:39:22 pm

Corruption in Government by AGelbert
November 19, 2019, 02:35:56 pm

War Provocations and Peace Actions by AGelbert
November 19, 2019, 02:29:30 pm

2020 Presidential Election by AGelbert
November 19, 2019, 02:08:15 pm

Doomstead Diner Daily by AGelbert
November 19, 2019, 12:56:45 pm

Future Earth by AGelbert
November 18, 2019, 09:31:24 pm

🚩 Global Climate Chaos ☠️ by AGelbert
November 18, 2019, 09:18:31 pm

Pollution by AGelbert
November 18, 2019, 05:58:47 pm