This Forum is Closed
February 01, 2023, 12:40:10 am
Welcome, Guest. Please login or register.

Login with username, password and session length
News: GGF now has a permanent home:
  Home Help Search Links Staff List Login Register  

Monetary Reform!

Pages: [1]   Go Down
Author Topic: Monetary Reform!  (Read 15538 times)
Jr. Member
Offline Offline

Posts: 62

View Profile
« on: April 27, 2011, 05:18:08 pm »

At the risk of sounding off here.

The main reason for interest at all is because 8 out of 10 businesses fail within 2 years.

When the 8 do all that money is still in the economy and is not coming back to the banks directly.

Interest keeps down inflation when the other 8 businesses fail.

Now these adjustable rate mortgages is just banker-speak for loan-sharking.  Instead of just keeping down inflation these banksters are just trying to give themselves bigger bonuses.

After the whole adjustable rate mortgage debacle, it would be like having only 2 pints of blood left when 8 is needed.  Right now thanks to bailout Barry we have like 10 pints of blood and the body cannot keep up.  No more cells or organs are being produced but more blood is being pumped in.

Hence inflation in both cases.
Report Spam   Logged

Pages: [1]   Go Up
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
Free SMF Hosting - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy
Page created in 0.036 seconds with 17 queries.