Federal Reserve Is A Private Corporation

Discussion in 'Politics' started by myminitrading, Aug 21, 2007.

  1. i was right, it IS ratboy....

    trying to rehabilitate yourself, eh?
     
    #181     Aug 24, 2007
  2. As usual you are babbling.. no doubt emulating your guru Jack

    Oh please Mr Hershey make me rich with your esoteric words and promises
     
    #182     Aug 24, 2007
  3. BJL

    BJL

    You forgot to paste in the question:
    My question now is, do I need to register as a CTA, do I need to register with the NFA, do I need to request and exemption for registration as CTA?

    Please do forgive me for not understanding your not so logical regulation laws.

    And also for asking the question on a forum where some actual CTA's were posting. Stupid place to ask ofcourse, since they know what they are talking about. Guess that's not your idea of an ideal population of ET.
     
    #183     Aug 24, 2007
  4. Would you like a tissue?

    Or the number for career advice?
     
    #184     Aug 24, 2007
  5. Profile For dalailama

    Date Registered: 08-20-07
    Status:
    Total Posts: 109 (26.86 posts per day)

    uh oh, troll alert---

    27 posts/day !!!!!!!!!!
     
    #185     Aug 24, 2007
  6. Yeah but you couldn't find a post of mine asking someone else for a method or what career to take could you Haroki :D :D :D

    dimwits
     
    #186     Aug 24, 2007
  7. achilles28

    achilles28

    The problem is two-fold:

    1) Fiat money creation and fractional reserve lending empower banks to earn enormous profits on counterfeit money.

    2) The end effect of all that bubble lending is massive *price* inflation which further enriches the Parasitic Elite by eroding the monetary savings of the average American. Their gain is our loss.






    One sided pandering doesn't help your cause.

    Your first mistake, ROOKIE - wage inflation never rises as fast as price inflation (CPI). Wage inflation is what makes homes cheaper over time. Wages might rise at 1/3rd the rate of price inflation -- if your lucky (until the economy enters a recession).

    So the whole "inflation-saves-the-day" nonsense loses its steam, right there.

    Second. Over a lifetime, the average person loses more to inflation then gained from decreased mortgage payments. Do the math.

    Third. Massive money bubbles EXACERBATE economic cycles. That power to inflate you laude as "economic genius", is the same force that will propel scores of your beloved working poor into bankruptcy when the eventual recession hits and they have no savings to fall back on. Why? Because it was inflated away during the bubble. Idiot.


    Fourth. Historically, fiat money systems ALWAYS fail because the temptation to spend beyond a Nations means (and steal public wealth through debasement) is too great. Any trader or economist worth their salt can see the United States is well on its way to fiscal bankruptcy. Far more commitments, social programs and wars than our country can afford with creditors threatening to dump. When the piper comes calling, either our social commitments go, we hyperinflate (and eventually go into depression), or we go into a depression immediately.

    All because your wonderful tool, inflation.
     
    #187     Aug 24, 2007
  8. because labor and time have value, right?

    money only costs the paper it's printed on to produce. the government produces it for free to repay creditors, but borrows it at the same time with financing costs that you and i will bear. our children, etc

    money is free to produce, there's no reason to pay anyone for it other than the artificial boundary between creditors and borrowers created by the fed and the fractional reserve system

    ...that's infinite supply for you
     
    #188     Aug 24, 2007
  9. achilles28

    achilles28


    Thats exactly what is for them. FREE MONEY.
     
    #189     Aug 24, 2007
  10. achilles28

    achilles28

    The SEC???? Are you friggin serious???

    If I had billions - no TRILLIONS of dollars - I think getting past the 5% reporting requirement wouldn't be too hard.

    Be creative. Thats 21 people per bank I need to hold the bag for me in earnest. An agent. A front man.

    Think a Trillion dollars could buy that?
     
    #190     Aug 24, 2007