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Alright, I keep hearing over and over again that the United States is broke, that we need to pay back the debt, that we need to stop "financing" the Govt, etc, etc. Well to best understand how the system works and what role the national debt plays in ...
Started by akphidelt on
, 13 posts
by 3 people.
Answer Snippets (Read the full thread at therxforum):
The theory....
So the Fed comes in and purchases the $10,000 of debt from the bank flaw of interest.
A | L
Deposits $9,000 | Equity $9,000
Govt BS (They gain $1,000 in money)
A | L
Neg Equity $9,000 | Debt money and no currency.
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Paul Grignon - Money as a debt videos. I have been recently introduced to this canadian whose explanation of the banking system and the debts the world is in now looks very credible.
Just want to know if anybody else have being viewing these videos and...
Started by shaka on
, 12 posts
by 6 people.
Answer Snippets (Read the full thread at footballforums):
In what way, the way they leverage debt up to 7 times, or in terms of economic growth of us deep inside....
That we've got to pay back with massive money .
And governments create money from nothing and issue it to us as debt.
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So I know this is totally a mental block on my part, but how do I get over being bitter about it?
DH and I have been together 4 years. He had this debt when we got together, well most of it, his ex added $20k additional right at the beginning (long story...
Started by ArmyWife1153 on
, 11 posts
by 7 people.
Answer Snippets (Read the full thread at babycenter):
So in a sense, the ....
If you didn't want the debt the better choice would have been not to marry him to marry him.
Being angry about it does not do any good.
Is you just have to view it as debt that you spent b/c you choose to marry him.
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Ask your Facebook Friends
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Okay, I've raised this topic a couple times here in threads like "Modern Monetary Theory," and learned from the responses. I'm now prepared to outline the Charvakan Plan for resolving not just the Eurozone and US sovereign debt problems, but all sovereign...
Started by charvakan on
, 15 posts
by 5 people.
Answer Snippets (Read the full thread at yuku):
Would this work if the debt were in some foreign (for whatever country) currency?
The big problem for Germany in the 1920s was the war debt it had been saddled with, and the fact that that debt....
And leave the EU to undo their own.
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Seterus Inc has 5 payments in 6 months, & I received foreclosure notice on April 6th. They did not apply my payments to my Fannie Mae loan. I called to confirm $ they wanted to resolve and where to take it, they said I'd get a call back. As of April 1...
Started by Anonymous on
, 1 posts
by 1 people.
Answer Snippets (Read the full thread at pissedconsumer):
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This morning I read an article on Yahoo about a guy who has lived without money for 10 years. I went to his website and found it interesting:
http://sites.google.com/site/livingwithoutmoney/
On his site was a reference to another site explaining the basis...
Started by MadCityJack on
, 12 posts
by 7 people.
Answer Snippets (Read the full thread at glocktalk):
Take a look at ....
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Does debt really create money? I heard from somewhere (can't remember where) that debt creates money in an economy. And if hypothetically everyone in the united states, pays off their debts all at once, there would be no money in circulation. Is this ...
Started by Sam H on
, 6 posts
by 6 people.
Answer Snippets (Read the full thread at yahoo):
So Yes, hypothetically....
The US federal debt is roughly 110% of GDP.
That borrowed money on their money instead of loaning it out.
As debt is borrowed money from the IMF.
Debt does create money in an economy.
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Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature. It explains today's debt-money system in terms that are easy to understand.
Money As Debt II: promises unleashed (FULL MOVIE)
Started by Ovicula on
, 1 posts
by 1 people.
Answer Snippets (Read the full thread at rr-bb):
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If America is greatly in debt, why burn so much money?
Started by Milwaukee Wis King on
, 2 posts
by 2 people.
Answer Snippets (Read the full thread at yahoo):
Bills, so total amount of money is not affected..
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We owe a debt on a loan or promissory, but if that person dies, do we still owe the money?
Started by Glenda on
, 3 posts
by 3 people.
Answer Snippets (Read the full thread at yahoo):
You sure do!.
Yes, you owe it to the estate of the person who died .
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