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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: grusum who wrote (233892)12/21/2009 4:14:21 PM
From: Skeeter BugRead Replies (2) of 306849
 
so you had no basis for your ad hominem attack on my knowledge of currency? okay... sheesh - stay on topic and don't worry about getting personal.

how do you know ahhah knows what he's talking about unless you know what you are talking about?

he might be a genius, but you have to know what you are talking about in order to know this.

the money created to pay for my home was given by a bank that didn't have the money to lend me - they created it. the backing for this new money is my promise to pay a debt. they gave me $P, but i need to pay back $P + $I.

where does $I come from?

more debt, hence...

market-ticker.denninger.net

the fed prints $P amount of money and gives it to criminal syndicate bankers to keep the afloat. the citizenry has to pay the fed (actually owned by the same bannkers!) $P + $I.

where does the money to pay back $I come from?

more debt, hence...

market-ticker.denninger.net
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