Banks consider NEGATIVE INTEREST rates

[Burroughs]

http://www.dailymail.co.uk/news/art...se-Bank-England-considers-NEGATIVE-rates.html

If this doesn't convince everyone how fraudulent banking/fiat currency is nothing will.

then again everyone is so medicated off of media/drugs/facecrack that they will likely not notice.

Keynesian economics is such a discredited sham... Rather than fixing the fundamentals of why the economy is fvcked up like, I dunno, too much public and private debt and outsourcing of jobs, they'd rather just offer ridiculously low interest loans and try to keep the party/easy money flowing.

If it wasn't bad enough that money you save doesn't earn enough interest to combat inflation, now they are going to literally penalise you for saving money.

Mindless consumerism and cheap money is what caused the world economy to crash; do you think more of the same will save it? No wonder people are paying than more just lip service to the fiat banksters

 

[Die Hard]

There's an 'ANYTHING ELSE' section for this. Talk about bytches or GTFO

 

[Burroughs]

There's an 'ANYTHING ELSE' section for this. Talk about bytches or GTFO

You mad faggot?

try to learn something k

 

[Die Hard]

I said TALK about bytches, not ACT like bytches

Burroughs KO Die Hard Rd. 1.

I bet you were wearing a cute little cheerleader outfit when you wrote that, shaved legs and all

 

[zekko]

This doesn't surprise me a bit. I remember when I was growing up banks wanted your business, and they paid you to keep your money with them. Now there's no question I'm paying more for my checking account at least, than I'm taking in.

So I'm not surprised that banks would consider charging you for the convenience of keeping you money in savings. Not even sure why this is so, the stock market has largely recovered. It's not all that far from its all time highs. Of course, savings accounts tend to be bad deals anyway, aside from the fact that they are automatically insured. They're a decent place to keep a modest emergency fund, but that's about it. My grandfather kept his money in his mattress. Who knows, we may be going back to that someday.

 

[Bible_Belt]

the stock market has largely recovered. It's not all that far from its all time highs.

Stocks are priced in US dollars. I think what you're seeing is the value of the dollar dropping more so than the share prices rising.

 

[Bokanovsky]

Stocks are priced in US dollars.

Not in the UK, where OP's article is from. Americans are funny people...you guys really seem to struggle with the concept of there being a world outside of your borders

 

[DonJuanabe]

UK stocks are priced in pounds and the pound should be called the pounded since it too has been debased.

Not only is monetary inflation a scam, the Federal Reserve statute requires that the Fed prevent inflation -- instead the Fed tries to foster as much as it can while denying it even exists.

 

[Poonani Maker]

I keep telling videographers, bloggers, etc over and over that the petro-dollar is keeping USD afloat. This allows "the Fed" to print as much, to inflate as much to it's heart's content cause, we've got that agreement to purchase oil in US dollars world-wide = unlimited $ demand, no one listens to the Reason why inflation is held in cheque despite the billions created out of thin air every month to service the debt. We have bases dotted all over the map ensuring compliance with the petro-dollar, Saddam goes off it, we invade, and put them back on it, dollars for Oil! funds all these bases scattered world-wide and THEN some i.e. unlimited QE3! Otherwise, you and I would see the Real effects of this insane money printing, we'd then definitely see the $20 loaf of bread then, milk etc etc

 

[PlayHer Man]

http://www.dailymail.co.uk/news/art...se-Bank-England-considers-NEGATIVE-rates.html

If this doesn't convince everyone how fraudulent banking/fiat currency is nothing will.

then again everyone is so medicated off of media/drugs/facecrack that they will likely not notice.

Keynesian economics is such a discredited sham... Rather than fixing the fundamentals of why the economy is fvcked up like, I dunno, too much public and private debt and outsourcing of jobs, they'd rather just offer ridiculously low interest loans and try to keep the party/easy money flowing.

If it wasn't bad enough that money you save doesn't earn enough interest to combat inflation, now they are going to literally penalise you for saving money.

Mindless consumerism and cheap money is what caused the world economy to crash; do you think more of the same will save it? No wonder people are paying than more just lip service to the fiat banksters

Interesting stuff as usual Burroughs. I seriously think consumerism is a cancer that is slowly destroying the infrastructure of the economy.

What people don't get is.. if you are in debt, you have only two choices: Pay it back or work it out through bankruptcy. There is no third choice, no "trick to the tiny belly" and all that other crapola they try to sell you these days.

And if you believe that sort of thing, they will take all your money and leave you destitute. People believe anything the media tells them and that is rarely the truth. There is no money in telling the truth.

The reason they can't "fix the system" is because people have grown to accustomed to consumerism and having the newest iPhone. You can't allow people to live like that.. then suddenly tell them: "Party is over kids!".. you'll get voted out of office.

 

[Poonani Maker]

http://finance.yahoo.com/news/penta-millionaires-happier-more-merely-131425909.html

 

[betheman]

This will most likely continue until PE ratios for the S&P average in the 7 range for half a year or so, the dow:gold ratio hits 2:1 or lower, and we see a parabolic like spike in the entire Precious Metals sector.

http://www.zealllc.com/2001/century.htm

I love sh!t like this, havent a clue what it means but feel it should shed millions of candle powers of light on the subject

 

[goodfoot]

@Espi, I think there is some truth to what you're saying. But what happens when the American people are too poor to buy stuff?

 

[Burroughs]

the Rothschilds took over the Bank of England in 1815, they have been expanding their banking control over all the countries of the world. Their method has been to get a country’s corrupt politicians to accept massive loans, which they can never repay, and thus go into debt to the Rothschild banking powers.

If a leader refuses to accept the loan, he is oftentimes either ousted or assassinated. And if that fails, invasions can follow, and a Rothschild usury-based bank is established.

The Rothschilds exert powerful influence over the world’s major news agencies. By repetition, the masses are duped into believing horror stories about evil villains.

The Rothschilds control the Bank of England, the Federal Reserve, the European Central Bank, the IMF, the World Bank and the Bank of International Settlements. Also they own most of the gold in the world as well as the London Gold Exchange, which sets the price of gold every day.

It is said the family owns over half the wealth of the planet—estimated by Credit Suisse to be $231 trillion

 

[Burroughs]

Burroughs, have you ever read "Confessions of an Economic Hit-Man"?

It was an amazing read. I highly recommend it.

oh yes

this is my standard gift book for those I believe can be enlightened...I've given away 12 copies total

 

[Burroughs]

Most people in China know this, but lack the means to facilitate change within the system. At least with democracy you can willfully deceive yourself into believing you have the ability to make a difference. Almost like a sedative. Opium for the masses.

The Chinese don't even possess this facade. And the government can't keep the bloggers censored forever. The East will be a very interesting place over the coming years.

Bloggers can't do anything against guns and tanks

egypt bloggers?...that was a bankster inside job from the get go

remember the tianamen square tank dude was shot right after the incident (so its speculated...no one has seen him since)

In 10 years the East won't be more like the west...the west will become the east.:nervous:

in 15 years NWO prison camps will be the norm, one world currency, astonishing hypnotizing entertainment, 20 dollar bread, limited protein, little health care...two classes a tiny elite class and a huge slave class...much of this is in place today

 

[synergy1]

That would mean the mechanism of debt is reversed, which in theory would mean that the USA could issue bonds at an infinite rate and pay down their "debt" - the only thing mathematically keeping the reverse true is that people don't want to pay infinite money when interest rates are positive. That doesn't seem right.

Right now, we are near 0 which is the end game as far as I am concerned of this type of money regime. Think about it, if you have so much debt and such little interest rates and are unable to pay it off, raising interest rates even just a little would make the interest from debt completely unserviceable vis Japan's mountain of debt. I am shocked someone who is good at math has not already proven this to be the case, as it seems quite intuitive.

Lets say if IR were negative, what would stop a complete bank run? I just don't see how this could be a good idea, as banks also run debt and must pay interest on those debts ( albiet at lower rates than us)

 

[Down Low]

Oh man! 20th Century China is nothing if not a story of generation after generation of mass rebellion of the poor. 1926-27 several of the largest concessions were taken over by the poor, and were barely suppressed by the Nationalists. Japan saw the weakness and promptly invaded. Major powers were grateful and shipped war materiel to Japan for a decade. Early '50s poor took seriously the idea of running the world, and it was all the Communists could do to protect the exchange economy on the small scale within villages. Idiots worldwide blamed Communist Party when it was "communist" about as much as the Democratic Party was for "democracy" rather than plutocracy. 1967-68 poor tried to redo late '20s communes, famous failure in Shanghai again. Bohemian trash the world over sang the praises of Mao: a fat face used to sucker poor into conformity. 1989 Deng faction finalized long shift to being a tittie sucker of USA again instead of Russia, eliminated social programs . . . world thought just a few leftist weirdos were standing before tanks -- but foreign press was banned from the rest of China, where the poor took over every major and most minor cities.

If the Watts Riots are a great business model for you, invest in China.