Who creates money?
6
Be part of the movement!
Welcome to the community for those who value free speech, evidence and civil discourse.Create your free account
4 comments
Feel free to reply to any comment by clicking the "Reply" button.Got a few things wrong, Bible doesn't condemn loaning money or banking: Matthew 25:27, Deut: 23:20; but perhaps more important the Bible stresses not benefitting from your neighbor's need. It does instead in these instances insist on charity and generosity. Lending money with potential risk which will also potentially result in benefit to the lendee is another matter entirely.
Also in a depression labor doesn't lose its value but its value is devalued.
RCGibb
Level 7
Jan 1, 2020
0
"Plaintiff admitted that it, in combination with the Federal Reserve Bank of Minneapolis, which are for all practical purposes, because of there interlocking activity and practices, and both being Banking Institutions Incorporated under the Laws of the United States, are in the Law to be treated as one and the same Bank, did create the entire 14,000.00 in money or credit upon its own books by bookkeeping entry. That this was the Consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note. See Anheuser-Bush Brewing co. V. Emma Mason, 44 Minn. 318. The Jury found there was no lawful consideration and I agree. Only God can create something of value out of nothing."
STATE OF MINNESOTA
COUNTY OF SCOTT
First National Bank of Montgomery, Plaintiff
vs
Jerome Daly, Defendant.
December 9, 1968
Josf-Kelley
Level 8
Jan 1, 2020
0
"Something from nothing is still nothing"
But paper money and cyber currency is still easier to manage than trading goats for a house.
Obiwannosi
Level 8
Jan 1, 2020
1
It has no inherent value if it can be printed or typed into existence. It can be taken away or devalued at the drop of a hat.
Currency needs to be anchored to a valuable commodity. Gold, Oil, Coal .... etc.
@AlbertaPatriot the value comes from the labor worked in which it represents...
@AlbertaPatriot crypto currency eliminates vulnerabilities of manipulation from a 3rd party..it cannot be taxed nor can it gain interest.
@AlbertaPatriot someone is more likely to trick you into trading all your gold for a chunk of coal, if you are unaware what the current value of the 2 are, Crypto being backed by the labor you provided for it, keeps the worth from fluctuating. Gold is backed by first your personal time, and also its market value as a commodity on its own
@DesireNoDesires You’ve completely missed the point. Completely. In fact you’ve missed by “so much” that I don’t even think it’s worth pursuing the conversation.
Labor has only the value that the market assigns it. In a depression it has no value at all. Your theory is so full of holes I don’t even know where to start.
Goodbye.
@AlbertaPatriot no....gold has no value. labor offers instant rewards in a depression, you can offer me all the gold you want for some of the potatoes im growing, they may be full of holes like you perceive my theory of being..but ill most likely spare you 2 for your worthless gold just to avoid the sight of you starving to death..
or hey, maybe you can try eating that gold of yours in hopes youll shit out a diamond and then maybe afford acouple more tators for your useless rock, which ill be able to trade in for real money once the market recovers...you unfortunately won't be around any longer by that time though. Goodbye
Recent Visitors 18
Coyuga
Chad Sexington,
pbhejira
Australia
PostHuman
NC, USA
RCGibb
Southeast,
DesireNoDesires
IA, USA
Photos 11,798 More
Posted by JohnHoukAI Dystopia Moving from Sci-Fi to a WEF NWO: A Look at Stop World Control Documentary, ‘THE END OF HUMANITY - As Planned By The Global Leaders’ SUMMARY: An intro by Patricia Harrity followed ...
Posted by JohnHoukGlobalist Tyranny Videos Batch – Part TWO SUMMARY: The video list I’m sharing leans more toward Globalist Tyranny (which includes the American traitors – the Dem-Marxists) in this batch.
Posted by JohnHoukGlobalist Tyranny Videos Batch – Part ONE SUMMARY: I’ve spent the last few days looking at saved videos largely from Telegram Social Media.
Posted by JohnHoukWATCH OUT FOR AN AI TYRANNY & NSA Spying SUMMARY: I’ve witnessed too many dark-side leaps and bounds to give credence to AI-Tyranny naysayers.
Posted by Sensrhim4hizvewzCohencidence or PLANNED???
Posted by Sensrhim4hizvewz Hopefully, everyone catches it and everyone gets better
Posted by JohnHoukFBI Investigates Baltimore Bridge Collapse! Suggests NOT an Accident! SUMMARY: On 3/27/24 I shared a Lara Logan Tweet on her opinion of what caused the Francis Scott Key Bridge near Baltimore ship ...
Posted by JohnHoukPolitical Tyranny – Part Two Videos Showing the Political Tyranny of Factionalism & Globalist Entanglements SUMMARY: IN Part 1 I used President Washington’s 1796 Farewell Address as a ...
Posted by JohnHoukPolitical Tyranny – Part One President Washington Warned of the Insidious Outcome of Political Factions & Foreign Entanglements SUMMARY: George Washington – RIGHTLY SO – is called the Father...
Posted by JohnHoukFuellmich Political Persecution Encapsulates Globalist Lawfare SUMMARY: A few thoughts on Deep State Political Persecution of Trump & Supports.
Posted by JohnHoukLooking at Birx Not Fauci Managed Medical Tyranny Includes Personal Observations on Legit President Trump SUMMARY: Looking at a VNN examination of the short Documentary: “It Wasn't Fauci: How ...
Posted by FocusOn1Uh oh, i hate to say this, but israel was formed in 1948, 100 years after karl marx wrote his book. Was it formed as a atheist communist country?
Posted by MosheBenIssacWith woke fat ass acceptance, only applies to women (fat bitches). What used to be funny is now illegal. The video won a Grammy Award for Best Concept Music Video in 1988 [youtu.be]
Posted by JohnHoukRemember WHY You Are Resisting the Coup Summary: Well… It’s series of videos time again.
Posted by JohnHoukA Call for Intercession Over WHO Power Grab Treaty SUMMARY: A call for prayer on America’s leaders related to the National Sovereignty terminating Pandemic (better known as Plandemic) Treaty.
Posted by MosheBenIssacDisney COLLAPSES Billions Lost In MINUTES After Shareholders Troll Company Sticking With WOKE! [youtu.be]