by pdq67 » Sun Apr 24, 2011 12:03 pm
Richard,
Please correct me if I'm wrong here but as I see it, it's like this.
1st, historical money handlers saddle up to some power hungry politicians that want money to buy power and influence. (Start wars, etc., etc.)..
Then the money handlers convince the Poli's to allow them to print money out of thin air so that then they can loan said air-money to the poli's mind you AT INTEREST so that then the poli's can hold onto their power/voting base by then loaning said air-money out a 2nd time to people that haven't a clue that the money that they are now barrowing from the poli's is actually printed out of thin air.
Here's the ball-breaker as I see it! Said printed out of thin air "air money" is NOT backed by the assets of those that printed it! And that's the PONZI SCHEME as I see it.
In other words, they print $1,000,000,000 money out of thin air and then loan it to the poli's at say to make the numbers easy, at 1 percent.
That's like $10,000,000 if I ran the numbers right which imho, is a hell of a bunch of money for just running a printing press.
Now bump this up to $1,000,000,000,000 and now we get into BIG MONEY that you and I have to pay back IF you pay TAXES because I will have to pay it back because I DO PAY TAXES!
He, He!!
Richard, don't forget that you and I are the GOV even with us not being able to control it. Therefore the debt come's due to you and me in the end UNLESS the plan all along is to re-nig on our world-wide debt??
pdq67