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AccyChris 22-04-2012 10:37

Bank of englands promisery notes
 
I personally don't think we should relie on the banks paper as much as we do..... so i thought i'd start this thread to see what others think about this fiat currency and the curruption it brings?.......money will make a good man bad,money will make enough men/women sad,money will make our brothers and sisters go to war, forget about the goodtimes i think we need to change our ways....if you worship it its very addictive, never remember when you use to beg through hungry, now you get rich and go on like a big timer but you burn the bridges that you crossed over..you can be rich today and broke tomorrow thats just the way life goes.... money is money and friends are friends i'll never put NO money before my good friends ....... ;) peace and love ;)

AccyChris 22-04-2012 11:16

Re: Bank of englands promisery notes
 
is it true that The banks just make the money up - by typing numbers into their computers. other partie's provide the cash flow but The banks call all the shots? and also is almost all the money in circulation (ie over 90%) not printed cash (i.e exists on computers only)?? :eek::eek:

Eric 22-04-2012 11:25

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by AccyChris (Post 986911)
is it true that The banks just make the money up - by typing numbers into their computers. other partie's provide the cash flow but The banks call all the shots? and also is almost all the money in circulation (ie over 90%) not printed cash (i.e exists on computers only)?? :eek::eek:

Of course it's true ... this super-secret information is cunningly hidden in the pages of every introductory economics text ... that's why nobody is aware of it:rolleyes:

AccyChris 22-04-2012 11:56

Re: Bank of englands promisery notes
 
"Money can buy everything, it is said. What is not said is what it takes to buy money."

AccyChris 22-04-2012 11:57

Re: Bank of englands promisery notes
 
starve the money machine lol

AccyChris 22-04-2012 12:01

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Eric (Post 986912)
Of course it's true ... this super-secret information is cunningly hidden in the pages of every introductory economics text ... that's why nobody is aware of it:rolleyes:

Don't you feel relieved now that you've got that off your chest ;)

Eric 22-04-2012 12:15

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by AccyChris (Post 986923)
Don't you feel relieved now that you've got that off your chest ;)

Not really ... just pointing out what should be obvious to even a partially educated, double-digit IQ clown whose accumulated wisdom wouldn't even fill a fortune cookie.

Now I feel a little better ... Have a nice day, eh:rolleyes:

AccyChris 22-04-2012 13:11

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Eric (Post 986929)
Not really ... just pointing out what should be obvious to even a partially educated, double-digit IQ clown whose accumulated wisdom wouldn't even fill a fortune cookie.

Now I feel a little better ... Have a nice day, eh:rolleyes:

:eek: surely your not insinuating i'm a partially educated, double-digit IQ clown whose accumulated wisdom wouldn't even fill a fortune cookie lol ;)

Boeing Guy 22-04-2012 18:17

Re: Bank of englands promisery notes
 
You don't need to rely on paper money, the money that is printed and minted is based on trust. That you can use it to pay for other goods and services.

However if you want to resort to carrying large amounts of gold around, let me know, I am always after some more:cool:

We live in a society where you need money to get by. What you think of it is irrelevant, we stopped bartering a long time ago.
It may be unfair, but it's better than the alternative.

AccyChris 22-04-2012 18:37

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Boeing Guy (Post 987004)
You don't need to rely on paper money, the money that is printed and minted is based on trust. That you can use it to pay for other goods and services.

However if you want to resort to carrying large amounts of gold around, let me know, I am always after some more:cool:

We live in a society where you need money to get by. What you think of it is irrelevant, we stopped bartering a long time ago.
It may be unfair, but it's better than the alternative.

:alright: a correct response for change... i keep my gold somewhere even you would'nt go my friend ;)..peace

AccyChris 22-04-2012 19:10

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Boeing Guy (Post 987004)
You don't need to rely on paper money, the money that is printed and minted is based on trust. That you can use it to pay for other goods and services.

However if you want to resort to carrying large amounts of gold around, let me know, I am always after some more:cool:

We live in a society where you need money to get by. What you think of it is irrelevant, we stopped bartering a long time ago.
It may be unfair, but it's better than the alternative.

a long time ago folk put gold in the bank and started using Pnotes because they tought they were "as good as gold" but there was a raise in inflation untill Pnotes were worth less than the paper there wrote on so they had to work harder to earn less.... and the best bit of the story is the bank started printing more Pnotes than it had gold and loaned it out (with a tidy profit of course) ..... moral of the story being if everyone did want to exchange there Pnotes the bank could'nt exchange them for anything more than Pnuts ;)

Eric 23-04-2012 01:11

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by AccyChris (Post 986941)
:eek: surely your not insinuating i'm a partially educated, double-digit IQ clown whose accumulated wisdom wouldn't even fill a fortune cookie lol ;)

I've re-read what I wrote, and I can assure that I see not the slightest hint of insinuation ... nor implication ... nor suggestion ... nothing at all like that.

AccyChris 23-04-2012 01:13

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Eric (Post 987071)
I've re-read what I wrote, and I can assure that I see not the slightest hint of insinuation ... nor implication ... nor suggestion ... nothing at all like that.


lol :)

AccyChris 23-04-2012 01:26

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by Eric (Post 986912)
Of course it's true ... this super-secret information is cunningly hidden in the pages of every introductory economics text ... that's why nobody is aware of it:rolleyes:


The super secret Supreme Master Leader banker is Rothschild. "Let me issue and control a Nation's money and I care not who makes its laws" ;)

AccyChris 26-04-2012 20:47

Re: Bank of englands promisery notes
 
Quote:

Originally Posted by AccyChris (Post 986920)
starve the money machine lol


"What does the money machine eat? It eats youth, spontaneity, life, beauty, and, above all, it eats creativity. It eats quality and sh*ts quantity."


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