quote:

Originally posted by Lebezniatnikov http://www.federalreserve.gov/releases/h6/Current/

LOL, very good you learned how to link to a website and read.

Let's get to the good part....for the nine billionth time.

There is roughly 10 Trillion dollars (physical) in central bank money (FED's) which they own half of. The rest is owned by foreign countries, etc. Read the fucking stats in the link I posted ten times already.

http://www.treas.gov/tic/mfh.txt

The FED can now turn around and multiply this figure by 10 times because of fractional reserve banking and charge interest through their member banks (the FEDS's) because of commercial bank money which in reality is air money (money created through loans).

I was being conservative with using a 5% interest rate when you take into factor what banks (FED's) actually charge for various types of loans, mortgages, etc. Do not forget to add the huge amounts of money from transaction fees to your final figure.

I will let you do the rest of the math at this point but I will give you a hint, the interest accumulated is in the Trillions and most of it is never returned to the USA from their private banks which are the FED themselves.

Where is the money?

quote:

Originally posted by Krypton

Still do not have the brains to answer the question?

quote:

Originally posted by pkcRAISTLIN

Yeah more of the same, how much money is in the money supply KFC?

quote:

Originally posted by culorut i dont understand a thing about banking

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quote:

Originally posted by pkcRAISTLIN you should spend more time in an economics class and less time regurgitating the drivel you find in the money masters. almost all of what you have written here is completely wrong.

Wrong again. I posted the Money Masters for educational purposes. You can try starting somewhere a little less confusing for your little brain.

Here you go, learn the banking system....

M0

* Laura has ten US $100 bills. That represents $1000 in the M0 supply for the United States. (M0 = $1000)

* Laura burns one of her $100 bills. The US M0, and her personal net worth, just decreased by $100. (M0 = $900)

M1

* Laura takes the remaining nine bills and deposits them in her checking account at her bank. The bank then loans the extra $900 to someone else. The M1 money supply increased by $900 when the loan was made; money has been created. Since the bank still has the deposit on its books, the M0 supply also still has the original $900, as does M1, because M1 includes M0. (M0 = $900, M1 = $1800)

* Laura writes a check for $400, check number 7771. The total M1 money supply didn't change, it includes the $400 check and the $500 left in her account. (M0 = $900, M1 = $1800)

* Laura's check number 7771 is destroyed in the laundry. M1 and her checking account still have $900 because the check is never cashed. (M0 = $900, M1 = $1800)

* Laura writes check number 7772 for $100 to her friend Alice, and Alice deposits it into her checking account. M1 still has that $900 in it, Alice's $100 and Laura's $800. (M0 = $900, M1 = $1800)

* Laura deposits her paycheck for $5,000 in her checking account. That part of M1 money came from her employer's checking account. No change in total M1. (M0 = $900, M1 = $1800)

M2

* Laura writes check number 7774 for $1000 and brings it to the bank to start a Money Market account. M1 goes down by $1000, but M2 stayed the same, because M2 includes the Money Market account, but also everything in M1. (M0 = $900, M1 = $800, M2 = $1800)


M3 is no longer published or revealed to the public by the US central bank

Christ on a bike - the link I posted had the explicit breakdown divided in M1 and M2 money reserves. Your numbers are wrong, and thus, your conclusion.

I hate to admit it, but pkc has been right all along. You really need to take some basic econ in order to even deign to understand what we're talking about.

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i know how fractional reserve banking works champ. you made a mistake too, if laura burns $100 and she only has $900, when she deposits that in her bank, the bank may only lend $810 of that $900. haha, you can't even get the simple things right

fractional reserve lending is what enables us (and i mean all of us, not just the rich) to borrow money from banks. without it interest rates would be through the roof and only the very well off would be able to access credit.

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quote:

Originally posted by culorut Wrong. Bear in mind the chart below is from 1998, the FED now accounts for roughly 48% of the National debt presently.

if you knew anything about treasuries you would know that most have maturities of about 10 years and ownership is not static.

moreover, it speaks volumes about you that you ignore the official information posted by the treasury to defer to a graph on a website of some dude named ed hall. i don't know why people still entertain your posts. i'm done at this point.

Quick Re-cap.

1. Thread begins with HR 1207 Act nearly being passed for transparency in the Federal Reserve which is now signed by hundreds of members of congress.

2. Trolls and sheeple emerge and complain there is no need for it. The FED is honest.

3. Relevant information and facts are posted showing the FED is a scam.

4. Trolls and sheeple emerge and complain there is no need for it and post links to the FED's website claiming their innocence.

5. Relevant information and facts are posted again showing the FED is a scam and this time involving the FED themselves having no idea where Trillions of dollars are on the record.

6. Trolls and sheeple emerge and complain there is no need for it and post links to the FED's website claiming their innocence.

7. More relevant information and facts are posted showing the FED is a scam and that the numbers do not add up nor lie.

8. Trolls and sheeple emerge and complain there is no need for it and post links to the FED's website claiming their innocence and anyone who does not believe them must not be educated.

9. More relevant information and facts are posted showing the FED is a scam and how the fractional reserve banking really works to help the poor souls.

10. Trolls and sheeple emerge not even on topic anymore and claim we are all not educated but they still have not made any attempt to answer one thing but post the same links to the FED's website.

quote:

Originally posted by culorut must not be educated.

Were we wrong?

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quote:

Originally posted by culorut Quick Re-cap. 1. conspiracy theorist engages in debate about matters that are far beyond what his feeble intelligence can understand 2. far more educated and knowledgeable people laugh at him

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