Funny money? serious global finance question.
Discussion
OK, I'm asking this in all seriousness, because I'd like to know the answer.
The IMF apparently only has 160 billion in the coffers.
The American national debt is over Ten Trillion dollars.
Who do they owe it to?
Is it:
Wealthy institutions?
An international playboy?
The Chinese and Saudis?
The notional bright future?
Is it real money or a debt the US is self underwiting on the premise that they can pay it back in the future as the economy :ahem: expands?
How is that different to printing dollar bills out of nowhwere. Doesn't that cause inflation?
The IMF apparently only has 160 billion in the coffers.
The American national debt is over Ten Trillion dollars.
Who do they owe it to?
Is it:
Wealthy institutions?
An international playboy?
The Chinese and Saudis?
The notional bright future?
Is it real money or a debt the US is self underwiting on the premise that they can pay it back in the future as the economy :ahem: expands?
How is that different to printing dollar bills out of nowhwere. Doesn't that cause inflation?
Edited by tallbloke on Friday 10th October 13:55
tallbloke said:
Who do they owe it to?
chuck norrisChuck Norris doesn’t target inflation. He roundhouse-kicks it until it begs for mercy.
The tears of Chuck Norris would supply enough liquidity to solve the credit crisis. Too bad he never cries.
There is no market regulator. Just a list of securities Chuck Norris allows to be traded.
Chuck Norris has a trade surplus with China.
limpsfield said:
tallbloke said:
Who do they owe it to?
chuck norrisChuck Norris doesn’t target inflation. He roundhouse-kicks it until it begs for mercy.
The tears of Chuck Norris would supply enough liquidity to solve the credit crisis. Too bad he never cries.
There is no market regulator. Just a list of securities Chuck Norris allows to be traded.
Chuck Norris has a trade surplus with China.
HundredthIdiot said:
Investors and governments in China and Japan.
eta:
Interesting. So how does that work then. Half the debt held by 'intragovernmental holdings'? Who are they? and the Fed, isn't that owned by the Rothschilds and other 'names'?eta:
Edited by HundredthIdiot on Friday 10th October 13:55
Is 'Foriegn and international' a bit like 'country and western?
Edited by tallbloke on Friday 10th October 14:05
HundredthIdiot said:
Fittster said:
The Federal Reserve is NOT part of the US government. Lots and lots of conspiracy about it's ownership and control, a lot involving the word Rothschild.
The hand of Zod will crush you for that remark.The trouble is the Fed is such a complicated and secretive organisation it is hard to know exactly what is true and what is force.
HundredthIdiot said:
Fittster said:
The Federal Reserve is NOT part of the US government. Lots and lots of conspiracy about it's ownership and control, a lot involving the word Rothschild.
The hand of Zod will crush you for that remark.Fittster said:
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
Now we're getting somewhere.
tallbloke said:
HundredthIdiot said:
Fittster said:
The Federal Reserve is NOT part of the US government. Lots and lots of conspiracy about it's ownership and control, a lot involving the word Rothschild.
The hand of Zod will crush you for that remark.See if you understand the complete structure of the bank. There is a lot of scope for 'misunderstanding'.
Fittster said:
tallbloke said:
HundredthIdiot said:
Fittster said:
The Federal Reserve is NOT part of the US government. Lots and lots of conspiracy about it's ownership and control, a lot involving the word Rothschild.
The hand of Zod will crush you for that remark.See if you understand the complete structure of the bank. There is a lot of scope for 'misunderstanding'.
tallbloke said:
Fittster said:
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
Now we're getting somewhere.
Fittster said:
tallbloke said:
Fittster said:
Now that may or may not be rubbish. Do you have the time and skill to really understand what is going on?
We don't seem to be getting much help from the loud money boys on this one.
k off friday, and since they've had a bad week, they're prolly hopelessly pissed in some bar downtown, spending the last of the clients cash.RichardD said:
Mullins presents some bare facts about the Federal Reserve System with subjects on: it IS NOT a U.S. government bank; it IS NOT controlled by Congress; it IS a privately owned Central Bank controlled by the elite financiers in their own interest. The Federal Reserve elite controls excessive interest rates, inflation, the printing of paper money, and have taken control of the depression of prosperity in the United States.About the Author
Eustace Mullins is a veteran of the United States Air Force,
Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff