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The Demon · 04-20-2010, 03:17 PM

Quote:

Originally Posted by mayabong

Why does the united states borrow money from the fed at interest, when it can just print it itself? Why isn't the Fed a part of the government? Why can't the government regulate the fed? Who owns the fed? Who does Ben Shalom Bernanke work for?

There's your conspiracy

I'm not sure you've studied economics but the more money in circulation= the less it's worth. It's pretty much the Law of Scarcity. The Fed IS a part of the government. The government and the fed have the same goals. And finally, Bernanke works for Obama. Conspiracy disproved.

mayabong · 04-20-2010, 03:29 PM

Quote:

Originally Posted by The Demon

I'm not sure you've studied economics but the more money in circulation= the less it's worth. It's pretty much the Law of Scarcity. The Fed IS a part of the government. The government and the fed have the same goals. And finally, Bernanke works for Obama. Conspiracy disproved.

Ron Paul says its easier to find out what the CIA is doing than to find out what the FED is doing and he's on the Budget Committee thing. It seems like if the FED was part of the Government it would be alot easier to audit like ron paul has been trying to do.

You still didn't answer my question though, why does the government borrow money from the FED (in your case itself) at interest. (immediately putting itself into debt) When it can print it itself not worry about the debt? Of course the government has to borrow more money from the fed AT INTEREST to pay off the debt. Do you see the never ending spiral here? Why would I borrow money from myself and charge myself interest.. haha

The Demon · 04-20-2010, 03:33 PM

Quote:

Originally Posted by mayabong

You still didn't answer my question though, why does the government borrow money from the FED (in your case itself) at interest. (immediately putting itself into debt) When it can print it itself not worry about the debt? Of course the government has to borrow more money from the fed AT INTEREST to pay off the debt. Do you see the never ending spiral here? Why would I borrow money from myself and charge myself interest.. haha

I did answer your question. It's more practical to borrow from an existing supply of money with interest, than to create a new supply of money and further debase the currency.

Vendzilla · 04-20-2010, 03:44 PM

I started this thread about rightnetwork, it hasn't been mentioned in how long?

mayabong · 04-20-2010, 03:49 PM

Quote:

Originally Posted by The Demon

I did answer your question. It's more practical to borrow from an existing supply of money with interest, than to create a new supply of money and further debase the currency.

I did use the word print, and let me just say borrow. I'm still wondering how borrowing from yourself, and owing yourself interest makes any sense. The truth is that the fed sets its own policies and answers to noone. When has congress ever set a policy of the fed?

Gouge · 04-20-2010, 07:03 PM

Quote:

Originally Posted by GatorB

Republican slanted network. Lost all respect for Kelsey Grammer.

So you admit that you did have respect for him knowing he was a card carring conservative but now you dont....makes no sense fucktard.

The Demon · 04-20-2010, 07:11 PM

Quote:

Originally Posted by Gouge

So you admit that you did have respect for him knowing he was a card carring conservative but now you dont....makes no sense fucktard.

Fucktards usually make no sense.

mayabong · 04-20-2010, 09:36 PM

Quote:

Originally Posted by The Demon

Fucktards usually make no sense.

Yes I never make sense. A company that borrows from itself and charges itself interest makes perfect sense.

GatorB · 04-20-2010, 09:39 PM

Quote:

Originally Posted by The Demon

Fucktards usually make no sense.

Nice you admit the truth about yourself. please get that goat syphilis checked out.

The Demon · 04-20-2010, 11:50 PM

Quote:

Originally Posted by mayabong

Yes I never make sense. A company that borrows from itself and charges itself interest makes perfect sense.

And that is why you don't understand basic economics, nor have any credibility with which to allege various conspiracies.

04-20-2010, 03:44 PM	#104
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	I started this thread about rightnetwork, it hasn't been mentioned in how long? __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that