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re: Debunking wild conspiricies

Posted on 5/24/14 at 11:11 pm to
Posted by GenesChin
The Promise Land
Member since Feb 2012
37850 posts
Posted on 5/24/14 at 11:11 pm to
For him to ask that question then quote someone who neither lived in the modern central banking era nor was speaking about this issue is pretty funny. Oh and that quote isn't even a confirmed Henry Ford quote

Occupy WallStreet, the movement of people taking a hard stance on an issue they don't know 0.01% about


Benny, what type of finance/banking field are you in?
This post was edited on 5/24/14 at 11:13 pm
Posted by The Sultan of Swine
Member since Nov 2010
8973 posts
Posted on 5/25/14 at 9:28 am to
quote:

I have a question.

Why is our currency loaned to us with interest when we have the power to create it interest free?


What are you talking about? Private currencies? There would still be interest...
Posted by GenesChin
The Promise Land
Member since Feb 2012
37850 posts
Posted on 5/25/14 at 2:32 pm to
He is saying why borrow money with interest instead of printing it
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5845 posts
Posted on 5/25/14 at 4:57 pm to
quote:

Benny, what type of finance/banking field are you in?

Asset management, trade floor. Sorry can't say much more, almost got myself in trouble before.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 5/25/14 at 6:18 pm to
quote:


What are you talking about? Private currencies? There would still be interest...



No sir. We can create currency in the Treasury interest free. (Both presidents that tried this were shot in the head, fwiw)
This post was edited on 5/25/14 at 6:19 pm
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 5/27/14 at 1:24 pm to
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