Originally posted by DOOMBOT
I'm asking for your opinion. You telling us that you can't think for yourself?
that's hilarious!
quote:
it was simply a challenge. tell me what the fed does. if you're happy to admit you dont really know, then by all means do so.
why would i bother arguing economics with someone who doesn't even understand the basics? you have an ideological attachment to certain ideas that makes arguing with you about economics (something completely separete to your juvenile attachment to the austrian school) completely pointless.
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Jun-22-2009 02:41
DOOMBOT
Supreme tranceaddict
Registered: Sep 2004
Location:
quote:
Originally posted by pkcRAISTLIN
that's hilarious!
why would i bother arguing economics with someone who doesn't even understand the basics? you have an ideological attachment to certain ideas that makes arguing with you about economics (something completely separete to your juvenile attachment to the austrian school) completely pointless.
So you would much rather talk with someone who believes in the same economic philosophies as yourself. I understand and I know why you would rather do that. You are more comfortable doing so because you simply don't have any challenges put in front of you. Again, it is not a challenge to your way of thinking.
No problem but thank you for admitting that to me, whether you even realise that you did that or not. I won't bother discussing economics with you anymore though since you'd only rather discuss this issue with someone who completely agrees with you.
Jun-22-2009 02:45
culorut
Supreme tranceaddict
Registered: Jan 2007
Location: right here
quote:
Originally posted by Lebezniatnikov
$800,000,000,000 of the money sent from Treasury to the Fed ends up in circulation every quarter, due to expanding credit lines and the physical dollar depreciation created through use. That would result in about 3.2 trillion dollars over the course of the year. That should cover your missing sum, no?
The FED returned 500 Billion dollars to the US as per 2008, it's on the balance sheet I posted earlier. The money that you say was given to them was created by the FED's banks by creating fake reserves.
In simple terms the FED creates credit out of thin air and gets money from the US Treasury in the form of Treasury Bills. The FED then turns around and receives real dollar bills for these Treasury bills, dollar for dollar. They also charge interest on this "air" credit through their family of banks to people like you.
Now if you watched the couple videos I posted up a page or two back the FED has no fucking idea where these Trillions of dollars are.
Where is the money for the last time? Apparently the FED cannot even answer this question.
Jun-22-2009 02:45
culorut
Supreme tranceaddict
Registered: Jan 2007
Location: right here
quote:
Originally posted by Krypton
Lebez just did.
I'm just soaking all this in. The Federal Reserve is cooking the books according to you. LOL. Keep it up, this is very entertaining.
So, a non-profit central bank is raping the USA of trillions huh? Who exactly is in charge of this evil scheme and what is their motive?
Also, who would you charge for accounting fraud in the Fed? That is a very serious crime, you know that right?
All he did was post exactly what the FED is doing to screw the system out of Treasury Bills and I just explained it in my previous post how they turn it into real money and deposit it into their own banks.
Do you have a skirt and pawn pawns on because it seems you know absolutely fuck all abut the banking system and are just here to be a cheer leader.
Jun-22-2009 02:49
DOOMBOT
Supreme tranceaddict
Registered: Sep 2004
Location:
quote:
Originally posted by culorut
All he did was post exactly what the FED is doing to screw the system out of Treasury Bills and I just explained it in my previous post how they turn it into real money and deposit it into their own banks.
Do you have a skirt and pawn pawns on because it seems you know absolutely fuck all abut the banking system and are just here to be a cheer leader.
They are clearly cheer leaders. Not one of them has really made a point for their team other then "Rah Rah" type posts.
Perfect example is basically this...
"DOOMBOT, tell us what you think influenced the Panics of the 1800s..."
I do just that and when I simply ask for the other party to do the same, I get no answer. Any answer I do get is pretty much, "LOL YOU NOOB LOLLYLOO!"
So yes, you hit the nail on the head. Cheerleaders. Or sheep, as I like to call them
Jun-22-2009 02:53
culorut
Supreme tranceaddict
Registered: Jan 2007
Location: right here
quote:
Originally posted by pkcRAISTLIN
its truly amazing how many fields of expertise cretinrot has. let's see...
explosives expert
structural engineering expert
physics expert
economics expert
history expert
accounting and finance expert
its amazing what youtube can do these days!
ashley, youre a fucking moron and i already told you im done talking to you on this topic. maybe your warlock master can teach you about economics, but im done.
KFC where is the missing Trillions of dollars that the FED cannot even themselves answer too if you believe you know so much?
I know you are just trolling like a little bitch again on the forum with nothing to back you up but your fat mouth.
Jun-22-2009 02:55
pkcRAISTLIN
arbiter's chief minion
Registered: Jul 2002
Location:
quote:
Originally posted by DOOMBOT
So you would much rather talk with someone who believes in the same economic philosophies as yourself.
economics isn't a philosophy if you're doing it right. which you would know if you understood it, but no, you're just another no-degree motherfvcker pretending that parroting esoteric philosopical viewpoints is a suitable substitute for actual economic experience and knowledge.
i will talk to anyone that has the decency to answer honest questions in regards to their position. i gave you ample time yesterday to make a proper response to a number of questions i had and you completely ignored them.
and now you accuse me of being unwilling to discuss things with you? gee, why would that be einstein?
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Jun-22-2009 02:57
DOOMBOT
Supreme tranceaddict
Registered: Sep 2004
Location:
quote:
Originally posted by culorut
KFC where is the missing Trillions of dollars that the FED cannot even themselves answer too if you believe you know so much?
I know you are just trolling like a little bitch again on the forum with nothing to back you up but your fat mouth.
Even though she can't answer these questions, I'm pretty confidant that Kryptoniteshit and KFCs can. LOL!!!!!!LOLOLOLOLLLY!!!!!!!!
Jun-22-2009 02:58
culorut
Supreme tranceaddict
Registered: Jan 2007
Location: right here
quote:
Originally posted by DOOMBOT
They are clearly cheer leaders. Not one of them has really made a point for their team other then "Rah Rah" type posts.
Perfect example is basically this...
"DOOMBOT, tell us what you think influenced the Panics of the 1800s..."
I do just that and when I simply ask for the other party to do the same, I get no answer. Any answer I do get is pretty much, "LOL YOU NOOB LOLLYLOO!"
So yes, you hit the nail on the head. Cheerleaders. Or sheep, as I like to call them
LOL, I agree.
Not one of these morons has even attempted to do some math or even touch the couple of videos I just posted where the FED themselves cannot answer as to where the Trillions of missing dollars are.
But these same idiots are still here trying to tell everyone they are not stealing the money. Fucking entertainment if you ask me.
Jun-22-2009 03:00
pkcRAISTLIN
arbiter's chief minion
Registered: Jul 2002
Location:
It is funny. Apparently the fed chair doesn’t know where the money is, but cretinrot does!
Another case solved by everyone’s favourite internet detective. There’s no need for qualifications when you have youtube.
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Jun-22-2009 03:03
culorut
Supreme tranceaddict
Registered: Jan 2007
Location: right here
Hey KFC come teach me some economics please, Apparently I hear you know more the the FED's do, maybe you should go work for them. You would fit right in with those idiots in the videos I posted up.
I can picture you squirming in your seat if you had to answer to someone in real life when you clearly do not have the answers to where the Trillions of dollars are.
Jun-22-2009 03:06
DOOMBOT
Supreme tranceaddict
Registered: Sep 2004
Location:
quote:
Originally posted by pkcRAISTLIN
It is funny. Apparently the fed chair doesn’t know where the money is, but cretinrot does!
Another case solved by everyone’s favourite internet detective. There’s no need for qualifications when you have youtube.