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Banks Make Money the Old Fashioned Way....
#10
RE: Banks Make Money the Old Fashioned Way....
Quote:We are also 14 trillion and counting in debt, it is an illusion. Hard work and intelligent people allowed America to become what it is.
Money is a social ideal in a way, if money was "eliminated" people would still be doing what they are doing, people do things, money is a piece of paper. It can "motivate" people but it is not the reason for the greatness of a country. "Money" should be backed by labor, mental and physical, the labor of the people, to produce the goods/services the nation needs.

Gold standard was in a way yes, all gold was confiscated in 1933, then the silver was instituted and that was phased out as well, to a strictly fiat currency.
Well, since the value of the money is based on debt, how can you expect anything else? Besides, I think that the reason that the money supply in the US is being inflated is not due to increased need due to increased goods and services, but due to an increased need to serve corporate needs abroad.
At least the needs of American and international corporations.
The labor of the people do not matter anymore. You can use the Chinese, or cheap illegal immigrants to fill that line.
Quote:But we could strive to create a better world, with proper education and the harsh punishment of the corrupt. We are all one, we are not "individuals" in a sense, everything we do has an effect on all of mankind, people need to think that way, the modern world instills a sense of selfishness. The human race would not be where it is at today if we all acted selfish. We should work together for the better of all, and sacrifice for what is good and moral.
Well, they don't my friend, and I think that humans are becoming less and less conscious of themselves and their relation to the world and their peers. They become more isolated, they think along the lines of "today" instead of looking at the past, and aspiring for the future.
I think that we're becoming more and more feral, less civilized, as the time goes on.
I tell you what we need more in this world. We need more radicals, more madman, more extremists, more idealists, more romanticists, and more people that have set for themelves a higher purpose than what goes beyond their lifetimes.
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Messages In This Thread
Banks Make Money the Old Fashioned Way.... - by Minimalist - January 28, 2014 at 6:17 pm
RE: Banks Make Money the Old Fashioned Way.... - by No_God - January 28, 2014 at 6:32 pm
RE: Banks Make Money the Old Fashioned Way.... - by kılıç_mehmet - January 28, 2014 at 8:45 pm

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