You are 100% correct.
Posted on 01/29/2016 3:27:36 AM PST by TigerLikesRooster
No, it doesn't. But Keynesianism and Monetarism have held sway so long, that hardly anyone knows anything else.
The government's power to control the currency is now held as natural law. That money's quantity and value were once determined by market forces [i.e., the people] is becoming lost knowledge.
I wish I had the money to go to Japan. You are now getting over 120 yen per dollar.
In shocking move, Japan adopts negative interest rate as deflation fight faltersThe Bank of Japan unexpectedly adopted a negative interest rate policy Friday, stunning investors with a move aimed at shielding the country's sluggish economy from volatile markets and slowing global growth.
The BOJ said it would use a three-tiered system to charge for excess reserves parked with the institution, an aggressive policy pioneered by the European Central Bank that penalizes banks for holding cash and encourages them to loan it out.
... [ snipped yada yada yada ] ...
And some folks *still* ridicule Andrew Jackson.
No, it doesn't. But Keynesianism and Monetarism have held sway so long, that hardly anyone knows anything else.The government's power to control the currency is now held as natural law. That money's quantity and value were once determined by market forces [i.e., the people] is becoming lost knowledge.
Exactamundo
Has been 20 yrs since I was in a casino- i confine myself to playing with fake money online these days
I'm home and the Panama Canal is a magnificent World Wonder! I can't wait until we Americans are “Great Again”. ; )
yep- also this from 2013- AMAZING how nobody mentioned this:
NICOSIA, Cyprus — Big depositors at Cyprus’ largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy, officials said Saturday.
Deposits of more than 100,000 euros ($128,000) at the Bank of Cyprus will lose 37.5 percent in money that will be converted into bank shares, according to a central bank statement. In a second raid on these accounts, depositors also could lose up to 22.5 percent more, depending on what experts determine is needed to ...
Retirees - got royally screwed- European banks -IMF- America
ALL approved of this theft- is japan next?
“At the same time, we will be commanded to turn in all gold under threat of confiscation without compensation after 6 months, with special, armed recovery teams with sweeping powers of intrusion...”
All of whom have names and addresses and live in your community.
We’re pretty much there with credit cards, debit cards and direct deposit.
You are 100% correct.
I read that. I think I saw the link from Rapture Ready News. I was going to post it, but I didn’t need the arguments that were certain to come from people who choose not to believe that we have yet to see the real Stock Market crash. And argue they will.
“And argue they will”.
Yes, unfortunately. Wise decision Brother!
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