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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: John who wrote (53604)	10/25/2013 10:03:54 PM
From: Wayners	2 Recommendations Recommended By John maceng2 Read Replies (1) \| Respond to of 71454

Banks literally HAVE to print to infinity in order to keep the monster alive. This is how I explain the scam to people. Let's say I start a bank and create 100 Umpahs as currency and I loan it to some guy named John at 5% simple interest a year. At the end of the year, John owes me 105 Umpahs, yet there is only 100 Umpahs in existence in the World. There is no way to pay the money owed and I take John to court and get a judgment against him and put a lien on all of his property and ultimately am able to seize all of his property. In order for John to pay the interest, additional Umpahs have to be lent, to enable John a chance to scam somebody out of their Umpahs so he pay back the loan with the required interest. The problem is this is a game of musical chairs because somebody will be left without a means to pay back their loan. What a con it is but that's what the system is, a big con. Banks can loan to infinity in order to the keep the monster alive, but that's what bubbles are and when the exponential growth in loans necessary to keep it going falls off just a LITTLE bit, suddenly there are defaults, and then asset prices fall and there are more defaults as people stop paying loans on assets that aren't worth what was paid for them. This is a simple scenario and easy to understand, so how did they get away with it to begin with? Complacency. The Govt and Congress know what they are doing and they read all the legislation and make sure there are no cons.