The Mudcat Café TM
Thread #115883   Message #2654344
Posted By: Little Hawk
11-Jun-09 - 05:57 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
Imaginary money is both given and received on a computer screen, BB, by the stroke of a key. It was never minted and it was never printed. It has no real value. The government did not create it. It's not real.

The world has been enslaved by ridiculous amounts of this imaginary money, created through bank loans (the biggest ones TO governments who must pay them back PLUS interest), and we're all paying daily to service the debt to the imaginary money. It IS the money-lenders (the major banks) who have enslaved the entire world in this fashion, and that is why we have inflation and why our dollars are worth less with every passing year.

We are living under a gigantic pyramid scheme, perpetrated by the major banks in collusion with the politicians who are at their beck and call. It has to stop.