Wall Street Protests

[richardhutnik]

Iveyboi said:

deskpro2k3 said:
About those banks, I'd like to add my own thoughts about it. When you invest 100 dollars in a bank, they multiply that by 9 and they send it out 9 different ways. They just don't make money on the initial investment, they make it 9 times the initial investment. In other words it is fake money they printed out of thin air, and the inflation is considered a tax.

http://www.youtube.com/watch?v=tFz1VVXsWRU

Assuming you watched this?

Go look up Money as Debt also, which goes into details.  Want a real kicker?  Once the banks create the loan, and do that, they now have an asset they can then create another loan off.  Once the money they create gets into the economy, say someone then deposits this money that got into the economy into another bank and the money is then lent out yet again.  This gets real ugly but is what happen.  Every loan created more consumption of future income that comes into being.