Re: a real education and reality check.
Posted: Wed Jan 28, 2009 5:20 am
Mister Sandman wrote:The current monetary system is indeed based on debt. However, it is impossible for us, normal citizens, to "create" debt money.
Only way to get money for normal citizens is to, 1. Work (be enslaved to the system). 2. Getting your money to work. (Thus being liable to the system) 3. Getting assets to turn into money. (Still being subjected to supply and demand)
I will explain how money is actually indeed debt at this time. Basically, the government calls up the bank and says, " We need 10 B " and the Bank says " Yo, we will buy 10 B in bonds."
So, the government "creates" bonds out of thin air. Hence forth giving it to the bank. The bank just prints money out of thin air. And gives this to the Government. Thus, the money is owed to the bank by the government. And thus, debt.
This goes on and on.
So thus, money = debt. Interest and thus inflation = another tax.
that much i already knew, but it goes much deeper than that. but the way you described it is the watered down version and accurate enough for most people.
Mister Sandman wrote:
However, with education that's another issue.
Teachers teach because usually they like teaching. Also, they do not, personally choose what they teach. They have to follow a program which is monitored.
All in all, when it comes to interviews, whether it be Mary Croft or Al Gore in the "inconvenient truth". Treat it with a grain of salt. This meaning that a copious measure of skepticism should be applied regarding the claim; that it should not be blindly accepted and believed without any doubt or reservation.
i would have thought that no matter which thread of mine anyone reads-that would go without saying
the last thing i want and indeed have never asked for, is that anybody take me at my word without looking for themselves, this i have made clear time and time again.
Mister Sandman wrote:
So, one piece of evidence isn't going to cut it.
that wasn't meant to be the be all and end all of either her evidence or mine.
i'm still investigating but from what i've heard, no brit should attempt what she's talking about because the forms to do this were available until a few years ago, but this last is unconfirmed.