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Showing 20 of 253 results by V for Varoufakis
Re: Why the banks dont give free money? Why they loan it?
Do you want to get an inflation?
Because that's how you get an inflation.
Because that's how you get an inflation.
Nope. The tax protects from inflation.
Re: Why the banks dont give free money? Why they loan it?
Why should the bank give you free money? Nothing is free so you will have to loan it. Banks loan out their money because you will have to pay more money then what you lend from the bank.
For example, if im a government and i want to build a railroad, why i need a loan from central bank? I can print my own money without loan, without interest and build the railroad.
It's easy to say that. But you need to consider that when you print more money the value of that money would decrease due to inflation. C'mon it's just a simple economics it's called "supply and demand". Most bitcoin users know that.
No, the tax system protects from inflation. If the velocity of money is too high (inflation) you can remove money from the economy with tax. Most people dont understand this simple economic theory. In the economic schools they teach bulshits because economic schools are controlled by jews and freemasons. They created this bullshit system based on usury.
Re: Why the banks dont give free money? Why they loan it?
Why should the bank give you free money? Nothing is free so you will have to loan it. Banks loan out their money because you will have to pay more money then what you lend from the bank.
For example, if im a government and i want to build a railroad, why i need a loan from central bank? I can print my own money without loan, without interest and build the railroad.
Re: Why the banks dont give free money? Why they loan it?
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
If the banks gave out free money no one would want to work and money would be worthless because 1) it would no longer be scarce and 2) no one would produce anything to sell since money is free.
Tell that to Byron Dale: http://www.wealthmoney.org/
Re: Why the banks dont give free money? Why they loan it?
Imagine what will happen if bank give free money, all of human will become lazy and the economic of the country will stop
I disagree because the 90% of the works do by machines.
Re: Why the banks dont give free money? Why they loan it?
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
My question to you is, why would the bank give you free money?? Why are you expecting to receive free money??
Loan is an asset for the bank from where they earn interest and pays back the interest to the savings account holders. Banks make profit with the difference in interest rates. That's business for them and the whole banking system is using this model.
It's better to work for money instead of hoping to receive free money from banks.
No, the bankers must go to work because they earn money without work.
Re: Why the banks dont give free money? Why they loan it?
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
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Why the banks dont give free money? Why they loan it?
uncontrolled people will ask for more money if bank give free money,almost all people are greedy,its the matter.bank loan money for interest,they have big interest to get profit,its should not asked in future.
More money = high velocity of money and according to QTM high velocity = high tax. So there is balance.
https://www.youtube.com/watch?v=Jnh3NsZVWvs
Peter Joseph of The Zeitgeist Movement Interview, Athens Greece, March 26th 2016
Peter Joseph of The Zeitgeist Movement Interview, Athens Greece, March 26th 2016
He is right. Loans and interest is a scam. We need only a free funding system and a tax system to avoid inflation.
Re: Why the banks dont give free money? Why they loan it?
Well, Byron Dale supports the idea of debt-free, interest-free and banks-free money.
See more: http://www.wealthmoney.org/
See more: http://www.wealthmoney.org/
Re: Why the banks dont give free money? Why they loan it?
Spending not Lending all new money into circulation is the only change that will Free America and its people from Economic Servitude.
The U.S. Treasury would create new money as numbers like the banks do now when they make loans.
The new numbers (money) would not be a loan but rather a final, debt-free, earned payment.
The new numbers (money) would be spent, not lent into circulation debt and interest-free, in lieu of taxation or bonding as a payment earned through the building and maintenance of Public Roads and Bridges.
The new numbers (money) would not be a loan but a final, debt-free, earned payment.
The new numbers (money) would be SPENT, not lent into circulation debt and interest-free, in lieu of taxation or bonding as a final, debt-free, payment earned through the building and maintenance of Public Roads and Bridges that people would use with no fees or taxes of any kind.
http://www.wealthmoney.org/authors/byron-dale/
The U.S. Treasury would create new money as numbers like the banks do now when they make loans.
The new numbers (money) would not be a loan but rather a final, debt-free, earned payment.
The new numbers (money) would be spent, not lent into circulation debt and interest-free, in lieu of taxation or bonding as a payment earned through the building and maintenance of Public Roads and Bridges.
The new numbers (money) would not be a loan but a final, debt-free, earned payment.
The new numbers (money) would be SPENT, not lent into circulation debt and interest-free, in lieu of taxation or bonding as a final, debt-free, payment earned through the building and maintenance of Public Roads and Bridges that people would use with no fees or taxes of any kind.
http://www.wealthmoney.org/authors/byron-dale/
Re: Why the banks dont give free money? Why they loan it?
Banks are scams, yes. Banks are built like that. The system is not broken, it is made that way.
They claim to produce their profit by stock exchange but it's with the loans.
Banks don't give free money because if they do, inflation is at stake. You see, there's the bad and good side of the existence of banks and loans
They claim to produce their profit by stock exchange but it's with the loans.
Banks don't give free money because if they do, inflation is at stake. You see, there's the bad and good side of the existence of banks and loans
No, we have the tax system to avoid inflation. If you pay tax you dont need to payback the loan.
Re: Why the banks dont give free money? Why they loan it?
Most people dont know that it is illegal to payback a loan to a bank with or without interest. Only a contingent tax is legal. If they knew it, massive lawsuits would happened against the banks.
What? I don't understand what you mean. You mean it's illegal to pay a loan?
Yes, because it is double charging, you pay 1)the tax and 2)the loan and if you pay interest it is triple charging.
I still don't understand. You don't pay the tax, what kind of tax do you pay on a loan?
I mean the tax to the state.
Re: Why the banks dont give free money? Why they loan it?
Most people dont know that it is illegal to payback a loan to a bank with or without interest. Only a contingent tax is legal. If they knew it, massive lawsuits would happened against the banks.
What? I don't understand what you mean. You mean it's illegal to pay a loan?
Yes, because it is double charging, you pay 1)the tax and 2)the loan and if you pay interest it is triple charging.
Re: Why the banks dont give free money? Why they loan it?
the same way you do not work for free, everyone here in this world need to be payed if they run a service
also giving money for free would require continuous printing, because there will no more deterrent to how much it will be asked by anyone
also giving money for free would require continuous printing, because there will no more deterrent to how much it will be asked by anyone
No, thats why the tax system invented.
Re: Why the banks dont give free money? Why they loan it?
Most people dont know that it is illegal to payback a loan to a bank with or without interest. Only a contingent tax is legal. If they knew it, massive lawsuits would happened against the banks.