Iceland plans to take back power to create money

[Futuristic Eskimo]

how are they calculating velocity? does it factor in the increase in supply?

I would assume so. The calculation then becomes pointless. It says nothing about the underlying causes of price movements.

Edit: Apparently, when the model is used, V is assumed to be constantEconomists are garbage. No relevance to the real world at all.

 

[Kritic]

when this nicca domingo talks finance it cracks me up...



reminds me when i was watching msnbc this one time and this one fat cac was kissing up to the jewish cacs hosting the show talking about he was celebrates hanukah too... and them hosts giving him the

domingo c00ning up to the zios is a waste of time. its more fun bangin on them nicca. don ac like you ain' seen this post you wack mf...

 

[Dr. Sebi Jr.]

when this nicca domingo talks finance it cracks me up...



reminds me when i was watching msnbc this one time and this one fat cac was kissing up to the jewish cacs hosting the show talking about he was celebrates hanukah too... and them hosts giving him the

domingo c00ning up to the zios is a waste of time. its more fun bangin on them nicca. don ac like you ain' seen this post you wack mf...

 

[88m3]

jesus

 

[Hawaiian Punch]

I remember reading a lot of articles on how that's what got JFK killed, his opposition to the federal reserve

http://www.rense.com/general76/jfkvs.htm

Thinking like this is what gets countries overthrown and leaders killed. Regardless it has to happen. I think we all realize to an extent that banking in its current iteration is an extreme form of population control. Most of the crisis in the world (recessions, depressions) can be directly tied to it. Fraction reserve lending is insanse when you think about it and there does need to be reform. Unfortunately that reform can only occur through revolution.

 

[Scientific Playa]

I remember reading a lot of articles on how that's what got JFK killed, his opposition to the federal reserve

http://www.rense.com/general76/jfkvs.htm

Thinking like this is what gets countries overthrown and leaders killed. Regardless it has to happen. I think we all realize to an extent that banking in its current iteration is an extreme form of population control. Most of the crisis in the world (recessions, depressions) can be directly tied to it. Fraction reserve lending is insanse when you think about it and there does need to be reform. Unfortunately that reform can only occur through revolution.

check out this doc.... the banksters bodied or tried to body a few presidents

The Money Masters (1996) [FULL DOCUMENTARY]
The Money Masters is a 1996 three and a half hour non-fiction, historical documentary film that discusses the concepts of money, debt, taxes, and describes their development from biblical times onward. It also covers the history of fractional-reserve banking, central banking, monetary policy, the bond market, and the Federal Reserve System in the United States.

Spoiler

 

[Kritic]

I remember reading a lot of articles on how that's what got JFK killed, his opposition to the federal reserve

http://www.rense.com/general76/jfkvs.htm

Thinking like this is what gets countries overthrown and leaders killed. Regardless it has to happen. I think we all realize to an extent that banking in its current iteration is an extreme form of population control. Most of the crisis in the world (recessions, depressions) can be directly tied to it. Fraction reserve lending is insanse when you think about it and there does need to be reform. Unfortunately that reform can only occur through revolution.

So, what can be done? My father taught me that you should always stand up for what is right, even if you have to stand up alone.

 

[Hawaiian Punch]

The Money Masters (1996) [FULL DOCUMENTARY]
The Money Masters is a 1996 three and a half hour non-fiction, historical documentary film that discusses the concepts of money, debt, taxes, and describes their development from biblical times onward. It also covers the history of fractional-reserve banking, central banking, monetary policy, the bond market, and the Federal Reserve System in the United States.

Spoiler

[/QUOTE]

Bout a decade ahead of you playa. A coworker put me onto that like 10 years ago and it was my first real introduction of understanding the Fed and fractional reserve lending. It blew my mind that the federal reserve is a private company. You hear the word federal and just assume government. Maybe that's why federal express is named what it is

 

[Hawaiian Punch]

yall be thinking this some smart dumb nikka conspiracy talk, but this ain't about chupacabra and elephant people living in the center of the earth. This is about money and power. Anyone who has ever been in a position of power that tried to alter the paradigm has been ostracized or killed. Facts.

The privately owned Federal Reserve (FED) banks actually issue (create) the "money" we use. In 1964, the House Committee on Banking and Currency, Subcommittee on Domestic Finance, at the second session of the 88th Congress, put out a study entitled Money Facts which contains a good description of what the FED is: "The Federal Reserve is a total money-making machine. It can issue money or checks. And it never has a problem of making its checks good because it can obtain the $5 and $10 bills necessary to cover its check simply by asking the Treasury Department's Bureau of Engraving to print them".

No man did more to expose the power of the FED than Louis T. McFadden, who was the Chairman of the House Banking Committee back in the 1930s. In describing the FED, he remarked in the Congressional Record, House pages 1295 and 1296 on June 10, 1932:
"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government Board, has cheated the Government of the United States and he people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through the maladministration of that law by which the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it".

The FED basically works like this: The government granted its power to create money to the FED banks. They create money, then loan it back to the government charging interest. The government levies income taxes to pay the interest on the debt. On this point, it's interesting to note that the Federal Reserve Act and the sixteenth amendment, which gave congress the power to collect income taxes, were both passed in 1913. The incredible power of the FED over the economy is universally admitted. Some people, especially in the banking and academic communities, even support it. On the other hand, there are those, such as President John Fitzgerald Kennedy, that have spoken out against it

 

[Kritic]

check out this doc.... the banksters bodied or tried to body a few presidents

The Money Masters (1996) [FULL DOCUMENTARY]
The Money Masters is a 1996 three and a half hour non-fiction, historical documentary film that discusses the concepts of money, debt, taxes, and describes their development from biblical times onward. It also covers the history of fractional-reserve banking, central banking, monetary policy, the bond market, and the Federal Reserve System in the United States.

Spoiler

this is one of the youtube vids i play to test out equipment that i have to keep running for a few hours before sending them to customers.

one of my work areas is nothing but these type of vids. they're always playing i know these documentaries word for word...

 

[Kritic]

yall be thinking this some smart dumb nikka conspiracy talk, but this ain't about chupacabra and elephant people living in the center of the earth. This is about money and power. Anyone who has ever been in a position of power that tried to alter the paradigm has been ostracized or killed. Facts.

http://www.thecoli.com/threads/debunking-federal-reserve-conspiracy-theories.50207/

HL yall

 

[Scientific Playa]

The Money Masters (1996) [FULL DOCUMENTARY]
The Money Masters is a 1996 three and a half hour non-fiction, historical documentary film that discusses the concepts of money, debt, taxes, and describes their development from biblical times onward. It also covers the history of fractional-reserve banking, central banking, monetary policy, the bond market, and the Federal Reserve System in the United States.

Spoiler

Bout a decade ahead of you playa. A coworker put me onto that like 10 years ago and it was my first real introduction of understanding the Fed and fractional reserve lending. It blew my mind that the federal reserve is a private company. You hear the word federal and just assume government. Maybe that's why federal express is named what it is [/QUOTE]

thought you might have seen that classic. wish more folks would invest a few hours and also watch the award winning sequel.

 

[Scientific Playa]

this is one of the youtube vids i play to test out equipment that i have to keep running for a few hours before sending them to customers.

one of my work areas is nothing but these type of vids. they're always playing i know these documentaries word for word...

i've had played both it and the The Secret of Oz countless times.

Bill Still is a flipping researching genius.

 

[Kritic]

i've had played both it and the The Secret of Oz countless times.

Bill Still is a flipping researching genius.

if bill isn't creating bills and writing checks domingo and friends won't listen. the masses don't care about his vids.. and they've been out since the 90s



most ppl go into mode.

 

[Scientific Playa]

if bill isn't creating bills and writing checks domingo and friends won't listen. the masses don't care about his vids.. and they've been out since the 90s



most ppl go into mode.

welp, if folks are set in their ways and thinking its best to let sleeping pets sleep. hopefully others with an open minded thought process can learn about the economic con game that we're all living in and start to formulate grassroots policy to get out of the slavery. the occupy wall st movement still lives in the hearts and minds of many. i can remember posting books and information about the research of eustace mullins in this forum and some of these posters went into stress stage.

are you up on the books of former congressman Charles August Lindbergh that were allegedly burned by government agents at the time?

http://en.wikipedia.org/wiki/Charles_August_Lindbergh

He opposed American entry into World War I as well as the 1913 Federal Reserve Act.

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