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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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I am half way through that example of News.
My first comment is to say that that News could be front page news, and prime time news, if more people wanted, demanded, more accurate news, instead of more effective lies.
There is power in numbers, the left know it, and the right know it.
You can too.
Note:
Look; if you add 3.3 trillion dollars (33,000,000,000) to the monetary supply, in the fall of 2008, is it any wonder, I ask this to both of you, then in the spring of 2011, the price of everything is going up, too much money chasing too few goods, it's an economics 101, almost text book definition of the cause of inflation.
Are you baffled?
Please think.
Consider:
Take all that money and loan it to anyone with good credit, at no interest, for a home or business mortgage, and charge those with bad credit a measure of "interest"; where the interest debt is used to cover the costs associated with loan defaults.
Got that?
How many U.S. citizens will turn in their current mortgages to buy a home, or even build, a new home, and in doing so, they will effectively reduce their monthly mortgage payment in half, roughly half, because a no interest loan is about half the cost to the borrower compared to an interest earning loan.
Is that too difficult to comprehend?
Trust me on this math problem, for now, then check out the numbers yourself.
You, by that method, by that use of that money, get a new home, or get to keep your current home, and you cut your monthly mortgage payment in half, and, you can start a new business, without paying interest on your business property mortgage.
What happens?
Each borrower, of that new use, of that new money, can save, or use, the money saved, each month, by that means.
How many U.S. citizens would get that new loan?
Still confused?
Mortgage interest transfers power from the working people who create wealth to the bankers who have the license to create legal money.
Money, power, flows from the many to the few, by the device known as mortgage interest.
That use, of that money, does the opposite.
That money, by that use, allows the people who create wealth, the workers, the business operators, to keep their money, and that flow of money no longer flows from the many to the few.
The opposite of this:
Debt Clock
That, there, turns around, by that use, of that money.
3,300,000,000,000
Not enough evidence to convince the skeptics?
At the same time as no-interest home mortgages are offered to borrowers (good credit = no interest, and bad credit = an interest charge to pay for risk) there can be a second loan product, offered, with that money.
The second product, the second loan, the second financial instrument offered, is a 1% interest loan to anyone, where the borrower uses the power to purchase, to purchase something that is accurately measured as being something that creates more power out of less power.
Do you not understand the concept of creating more power out of less power?
I can guess that you do not, because those people, in that video, don't, and if they don't, then who does?
Inflation is caused when power (money) is used to create more power (production) but fails to do that feat of magic.
Deflation is caused when power (money) is used to create more power (production) and succeeds.
Dennis says:
The money hasn't been used to create jobs...
That is half true. Jobs that do not produce more wealth do not increase power, wealth, power, purchasing power, and therefore the money used does not accomplish the goal, if the goal is to gain more power.
Simple?
Confused?
If the money is used to create a job, where a person is hired to dig a hole, or torture someone, or murder massive numbers of people, and then another job is created, to fill in the hole, or provide medical car to the torture victim, or rebuild the destroyed area where the aggressive war for profit was executed, then the total power supply goes down, not up.
Still confused?
3,300,000,000,000
If product two is used for, say, the purchase of electric cars and solar panels, on the homes of the working people, which include all the business people who work, owner's of businesses, in competition with other owner's of businesses, then, what happens to total power, and what happens to purchasing power, what happens to the power of the dollar to purchase things?
If that money is used to lend money (power) to productive people, so as to help the borrowers produce even more, what happens? What happens if legal money stops being the tool by which a few people exploit the many and legal money becomes the tool used by the many to make the many more and more powerful?
Too simplistic for you, because you prefer over-complexity?
Each person borrowing a no-interest loan, also borrows a 1 percent interest loan (or higher interest if you have a low credit rating, to pay for the cost of bad loans), and each person cutting their home mortgage in half, buys 2 electric cars, and buys enough solar panels to fuel their home and their cars, and extra, not just enough, but extra, and they can sell extra power, sell extra electric power, back to the grid, and get a check in the mail for doing so.
What happens if that money is used in that way as more and more people do things that way, instead of everyone, or most everyone, doing things this same old way, where the power we create is used to keep us paying for our destruction?
This is not an NEWS.
Example
Society in every state is a blessing, but Government, even in its best state, is but a necessary evil; in its worst state an intolerable one: for when we suffer, or are exposed to the same miseries BY A GOVERNMENT, which we might expect in a country WITHOUT GOVERNMENT, our calamity is heightened by reflecting that we furnish the means by which we suffer.
The British aren't coming, they are here, they hire the "president", and they hire the "leadership" of congress, just as those who are not yet bought out, everyone has a price, with few exceptions.
One republican, and one democrat out of how many?
What difference do a few zeros make?