The Fed has Eliminated Reserve Requirements for All Depository Institutions

[Tradex]

Take a macro class, there are lots of free MOOCs that are taught by great professors. You'll not only learn about econ, but how to think through your ideas. I think you'll find it well worth your while.

Are you for real ??

There is not a single school (or college) that will teach us how money is TRULY created or the REAL cause of inflation.

 

[Tradex]

. Mild inflation is a good think for economies, deflation is devastating. Again with the Macro class for you!

Yeah right.

Inflation is pure robbery, period.

 

[Trader Curt]

ANY currency not backed up by gold (let alone created by a freaking computer) is worthless, period.

In fact paper money should not exist at all, unless it is 100% backed up by gold.

So your point is is that all currency in the U.S is worthless. (That's literally what you just said to me)
But to me and you a dollar is worth a dollar, when in reality it's worth less than 30 cents. Bitcoin is worth thousands even though to you it's worth nothing. But I can guarantee that if you had 1 Bitcoin you would sell it for what it's worth, am I right?

 

[Sig]

Are you for real ??

There is not a single school (or college) that will teach us how money is TRULY created or the REAL cause of inflation.

I was trying to be genuinely helpful, but I see you're having none of that. At this point you're literally being wilfully ignorant on the subject. As long as you continue with that attitude, it is impossible for you to participate in any intelligent conversations on the subject. Sorry that's just how the world works.

And yes, generally the people who have spent a significant amount of time studying something and know a good deal about it are "for real" and those who spout ignorant rubbish while refusing to actually study that same thing are exactly that, ignorant. I'm not sure why you would proudly revel in that ignorance?

 

[Tradex]

I was trying to be genuinely helpful, but I see you're having none of tha

Did I ask for your "help", "Professor"?

You are just posting total lies about how the banking system really works.
The same exact lies that the Elite and the banksters have been feeding us for decades.

 

[Sig]

Did I ask for your "help", "Professor"?

You are just posting total lies about how the banking system really works.
The same exact lies that the Elite and the banksters have been feeding us for decades.

Sounds like a tinfoil hat is more your speed...good luck with that willful ignorance thing you've got going.

 

[Tradex]

Sounds like a tinfoil hat is more your speed...good luck with that willful ignorance thing you've got going.

Right, now go have a beer with your bankster friends or something.

 

[Sig]

Right, now go have a beer with your bankster friends or something.

I certainly do engage in that regularly in non COVID times, more because they're friends and classmates and the fact that they're bankers is superfluous. See that's what intelligent, normally functioning adults do. They form their ideas of how professions work by actually talking people in those professions! Crazy I know, much more rational to get your information about the world from YouTube conspiracy videos while wearing that tinfoil hat innit? Or better yet, from a virulant anti-Semite who was convinced Jewish bankers were in a conspiracy to run the world.

 

[Tradex]

Crazy I know, much more rational to get your information about the world from YouTube conspiracy videos

Blah, blah, blah....

 

[Sig]

Blah, blah, blah....

Not sure why the sudden influx of jr. high kids on ET, must be a COVID thing with extra time on their hands.