Bank of englands promisery notes

[AccyChris]

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]

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)??

[Eric]

Originally Posted by AccyChris

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)??

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

[AccyChris]

"Money can buy everything, it is said. What is not said is what it takes to buy money."

[AccyChris]

starve the money machine lol

[AccyChris]

Originally Posted by Eric

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

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

[Eric]

Originally Posted by AccyChris

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

[AccyChris]

Originally Posted by Eric

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

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]

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

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]

Originally Posted by Boeing Guy

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

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 correct response for change... i keep my gold somewhere even you would'nt go my friend ..peace

[AccyChris]

Originally Posted by Boeing Guy

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

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]

Originally Posted by AccyChris

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]

Originally Posted by Eric

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]

Originally Posted by Eric

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

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]

Originally Posted by AccyChris

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."