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Forum » How is banking even legal?
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Thread: How is banking even legal?

post 1690427423 09-21-2023, 10:28 AM
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How is banking even legal?

A select few get to get free federal reserve note loans then loan it out to us do nothing and take a profit then give back the loan to federal reserve how is this legal
post 1690427623 09-21-2023, 10:33 AM
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Do you want to barter using only tangible goods with people only in your immediate are?
post 1690427673 09-21-2023, 10:34 AM
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Originally Posted By OliverHeldens⏩
Do you want to barter using only tangible goods with people only in your immediate are?
Mogged
post 1690427803 09-21-2023, 10:38 AM
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It's just math. No hard feelings.
post 1690427913 09-21-2023, 10:40 AM
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Originally Posted By OliverHeldens⏩
Do you want to barter using only tangible goods with people only in your immediate are?
No. I want use a finite currency that has tangible value and can't inflate out of thin air Mr. fiat fan boy.
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post 1690427933 09-21-2023, 10:40 AM
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post 1690428073 09-21-2023, 10:42 AM
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post 1690428153 09-21-2023, 10:44 AM
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ooof
post 1690428293 09-21-2023, 10:46 AM
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Originally Posted By Silencespeaks⏩
Jews
This
post 1690428413 09-21-2023, 10:48 AM
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post 1690428503 09-21-2023, 10:50 AM
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Originally Posted By _zman⏩
No. I want use a finite currency that has tangible value and can't inflate out of thin air Mr. fiat fan boy.
In theory this sounds good, but in practice you end up with less output.

It may hurt the little guy, but he's little, so the pain is little, too.

Just LOL at little people.
post 1690428603 09-21-2023, 10:51 AM
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Originally Posted By OliverHeldens⏩
Do you want to barter using only tangible goods with people only in your immediate are?
No phayggut I would like someone to safely house my cash and maintain a responsible loan output that does not overleverage any individual bank to 1,000x their ability to payback their by decimating the economy over and over.

That's what I want.
post 1690428623 09-21-2023, 10:52 AM
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Originally Posted By OliverHeldens⏩
Do you want to barter using only tangible goods with people only in your immediate are?
What makes you think that not wanting to have to borrow money from a bank (with interest) means the only other option is barter?

I love to see people defending the system that is designed so our currency is inherently tied to interest payments and debt. Every single US dollar is a dollar that was loaned to us by the FED, which means all the work that we do a % of it goes to the bankers who literally contributed nothing at all.

And then you cucks wonder why inflation is bad and prices are going up while wages stay down, well maybe if we didn't have to pay interest to the FED.....
post 1690428733 09-21-2023, 10:54 AM
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I posted this in another thread but people don't see the implications of thes institutions...

https://forum.obnoxiousbrutes.com/showt...hp?t=184161743
2:136
Say, ˹O believers,˺ We believe in Allah and what has been revealed to us; and what was revealed to Abraham, Ishmael, Isaac, Jacob, and his descendants; what was given to Moses, Jesus, and other prophets from their Lord. We make no distinction between any of them. And to Allah we all submit.
post 1690429003 09-21-2023, 10:58 AM
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mental midget post. You questioning the entire banking industry tells me you have no investments, no real estate property, no large loans, no credit, etc. Basically a child. You are a child.
post 1690432373 09-21-2023, 12:04 PM
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Originally Posted By _zman⏩
No. I want use a finite currency that has tangible value and can't inflate out of thin air Mr. fiat fan boy.
Thanks for explaining I was working
post 1690432483 09-21-2023, 12:07 PM
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Originally Posted By Islandboyo⏩
What makes you think that not wanting to have to borrow money from a bank (with interest) means the only other option is barter?

I love to see people defending the system that is designed so our currency is inherently tied to interest payments and debt. Every single US dollar is a dollar that was loaned to us by the FED, which means all the work that we do a % of it goes to the bankers who literally contributed nothing at all.

And then you cucks wonder why inflation is bad and prices are going up while wages stay down, well maybe if we didn't have to pay interest to the FED.....
You don't have to use banks at all. Find a way to abtain a bunch of wealth and only deal with people who have similar beliefs.
post 1690432543 09-21-2023, 12:08 PM
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Originally Posted By jimmybobjim⏩
mental midget post. You questioning the entire banking industry tells me you have no investments, no real estate property, no large loans, no credit, etc. Basically a child. You are a child.
Goldman Sachs gets to get a loan from federal reserve then give the loan to us at a higher rate all while doing zero labor why can I not go directly to the federal reserve for a loan?
post 1690432573 09-21-2023, 12:09 PM
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Originally Posted By _zman⏩
No. I want use a finite currency that has tangible value and can't inflate out of thin air Mr. fiat fan boy.
Why would you ever want a finite currency? This means growth will be constrained by a shortage of currency once population grows.

In this system, there will only be "haves" and "have nots.

If you think a feudal system makes sense and is the best way to organize an economy, I'm not sure what to tell you.
post 1690432643 09-21-2023, 12:10 PM
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Originally Posted By OliverHeldens⏩
You don't have to use banks at all. Find a way to abtain a bunch of wealth and only deal with people who have similar beliefs.
Are you retarded?

Where do you think money comes from in the first place. It's loaned into existence.

The 'wealth' you're imagining is based on units of the dollar, which initially were loaned by a bank (that you have magically subtracted from your equation).
post 1690432653 09-21-2023, 12:11 PM
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Originally Posted By PShift5⏩
Goldman Sachs gets to get a loan from federal reserve then give the loan to us at a higher rate all while doing zero labor why can I not go directly to the federal reserve for a loan?
If you think Goldman Sachs is charging too much, go to a competitor.
post 1690432673 09-21-2023, 12:11 PM
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Originally Posted By 401Delta⏩
Are you retarded?

Where do you think money comes from in the first place. It's loaned into existence.

The 'wealth' you're imagining is based on units of the dollar, which initially were loaned by a bank (that you have magically subtracted from your equation).
Money and wealth aren't the same thing
post 1690432733 09-21-2023, 12:12 PM
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banks can be pretty handy.
post 1690432783 09-21-2023, 12:13 PM
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Originally Posted By 401Delta⏩
Are you retarded?

Where do you think money comes from in the first place. It's loaned into existence.

The 'wealth' you're imagining is based on units of the dollar, which initially were loaned by a bank (that you have magically subtracted from your equation).
My question is why the fuk do I need a middle man I want a loan directly from the fed
post 1690432883 09-21-2023, 12:17 PM
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Originally Posted By OliverHeldens⏩
Money and wealth aren't the same thing
Seriously, are you retarded?

By definition, the only way to build wealth is to trade up and make gains, and that requires paying taxes at some point, and the IRS doesn't accept potatoes as payment.
post 1690432993 09-21-2023, 12:19 PM
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Originally Posted By 401Delta⏩
Seriously, are you retarded?

By definition, the only way to build wealth is to trade up and make gains, and that requires paying taxes at some point, and the IRS doesn't accept potatoes as payment.
There are no taxes on wealth.
post 1690433283 09-21-2023, 12:25 PM
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Show me who controls a nation's money supply and I care not who makes it's laws
post 1690433383 09-21-2023, 12:27 PM
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Originally Posted By OliverHeldens⏩
There are no taxes on wealth.
There are taxes on gains. No person is born with wealth beyond what is allowed to be gifted to them.

Building wealth requires that you pay tax on the gains, regardless if it comes in the form of a trade of goods or a currency.

I think you really are retarded.
post 1690433653 09-21-2023, 12:31 PM
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Originally Posted By 401Delta⏩
There are taxes on gains. No person is born with wealth beyond what is allowed to be gifted to them.

Building wealth requires that you pay tax on the gains, regardless if it comes in the form of a trade of goods or a currency.

I think you really are retarded.
FYI, I've been letting you speak freely. But you clearly have a very basic understanting of how this entire system works, and could use more real world experience to understand the big picture.
post 1690433703 09-21-2023, 12:32 PM
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the entire banking industry is rife with fraud because its ran by the jews
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