Ve'hoe wrote:
You only made ONE mistake,,, "Nothing comes out of Floyds paycheck" only yours and mine,,,,,,,,
Oops, that's right, government employees have to at least show some place and look like their doing something.
I forgot about those that just sit there, with their hand out.
Ve'hoe wrote:
You only made ONE mistake,,, "Nothing comes out of Floyds paycheck" only yours and mine,,,,,,,,
Do you understand any thing about Factional Banking.
It sure is a great way to create money.
I think you mean "Fractional"
Floyd Brown wrote:
Do you understand any thing about Factional Banking.
It sure is a great way to create money.
HAHHAHHAHHAHAHHAHAHHHAHAAAA
deep breath
HHAHHAHHHHHAHAHAHHAHHHAHAHAHHA
Love:
Vehoe,,,, hahhahhahhhahh
Floyd Brown wrote:
Do you understand any thing about Factional Banking.
It sure is a great way to create money.
No,,, in floyds case it is "Fictional Banking"
HAHAHAHHAHAHHAHAHA
HHAHAHAHAHAHAH
I mean, for gods sake, how do liberals even live!?!
They think they are able and rightly supposed to be in charge of everything, yet know nothing!!
Patty wrote:
I think you mean "Fractional"
Floyd Brown wrote:
Do you understand any thing about Factional Banking.
It sure is a great way to create money.
Do you know that Thomas Jefferson was against Factional banking?
Do you know why he was against it?
There is an advantage to Factional banking, do you know what it is?
It is the reason people keep going to it.
The very benefit that Factional banking has, is also the problem with it.
Do you know what that is?
Tradition banking also has advantages, as well as disadvantages, what are they?
Can someone tell me what "factional banking" is? If it had anything to do with banking I think I would know about it.
Homestead wrote:
Do you know that Thomas Jefferson was against Factional banking?
Do you know why he was against it?
There is an advantage to Factional banking, do you know what it is?
It is the reason people keep going to it.
The very benefit that Factional banking has, is also the problem with it.
Do you know what that is?
Tradition banking also has advantages, as well as disadvantages, what are they?
Patty wrote:
Can someone tell me what "factional banking" is? If it had anything to do with banking I think I would know about it.
When you have standard banking, the bank can only lend out the cash or assets that it has on hand.
If you have 100 million dollars you can keep making loans until you have loaned out 100 million dollars. Then you must stop.
Until you have been paid back, you cannot loan any more.
If you get paid back one million dollars, you can then loan out that one million, but, at no time can you loan out any money that you do not have.
Under factional banking, can can loan out money you do not have.
Under fractional banking a bank may only have to have 75% of the money it loans out.
So if you only have 100 million you can loan out another 25 million that you don't have.
In a nut shell, that's fractional banking.
I know what fractional banking is but didn't have any idea what factional banking was. Never heard of it and I am a big economics book reader. Roberts, Rickards, Mitchell, Prins never heard any of them mention factional banking. Thanks
Homestead wrote:
When you have standard banking, the bank can only lend out the cash or assets that it has on hand.
If you have 100 million dollars you can keep making loans until you have loaned out 100 million dollars. Then you must stop.
Until you have been paid back, you cannot loan any more.
If you get paid back one million dollars, you can then loan out that one million, but, at no time can you loan out any money that you do not have.
Under factional banking, can can loan out money you do not have.
Under fractional banking a bank may only have to have 75% of the money it loans out.
So if you only have 100 million you can loan out another 25 million that you don't have.
In a nut shell, that's fractional banking.
When you have standard banking, the bank can only ... (
show quote)
Patty wrote:
I know what fractional banking is but didn't have any idea what factional banking was. Never heard of it and I am a big economics book reader. Roberts, Rickards, Mitchell, Prins never heard any of them mention factional banking. Thanks
All you have to remember, is that the Federal Reserve which is a private bank, despite the name, "Federal," is fractional banking on steroids.
CDM
Loc: Florida
Floyd Brown wrote:
You can supply things till there is no room for any more.
But if there isn't enough money to buy the junk what do you have?
So get your head out of where ever it is stuck & see that supply & demand have to match up.
If you have to much of either, things don't work right.
So stop crying & pay more wages or more taxes. The money you keep in your pockets don't keep the economy going.
You only end up having more of less. More supply but less sales.
You can't depend on another person going in to debt to keep the bubble going.
You can supply things till there is no room for an... (
show quote)
Floyd; what Ve'hoe says is pretty much spot on. You can tax the rich all day and they are happy to pay. The trick to taxation is to create more taxpayers.
If you want to get really dizzy throw credit into the mix.
Today running out of money has little to do with it. All the money has to do is move around. There will always be another person going into debt. It's so easy.
In todays world your ability to pay is far secondary to how much you owe.
CDM wrote:
Floyd; what Ve'hoe says is pretty much spot on. You can tax the rich all day and they are happy to pay. The trick to taxation is to create more taxpayers.
If you want to get really dizzy throw credit into the mix.
Today running out of money has little to do with it. All the money has to do is move around. There will always be another person going into debt. It's so easy.
In to days world your ability to pay is far secondary to how much you owe.
That is just the issue. Money is not moving around it is just collecting in a few hands.
Yes credit is being use to buy much of the stuff to feed the economy.
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