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stuka1488 (November 30, 1999 at 12:00 am)
Google Stormfront
Mulcoohoo (November 30, 1999 at 12:00 am)
Idiot.
jradetzky (November 30, 1999 at 12:00 am)
JEWISH BANKING CONSPIRACY
loqutor (November 30, 1999 at 12:00 am)
This is why I use a Credit Union instead of a Bank.
nathanhouseman (November 30, 1999 at 12:00 am)
A "run on the banks" is where bank customers line up to withdraw their money and find out that the bank doesn't have it.
Every bank loan issued is NEWLY CREATED MONEY.
They write them at a ratio of 9 to 1 against their own deposits with the central bank (the Fed)
1$ deposited by a commercial bank with the CENTRAL BANK gives them power to create 9$ in new money (loans)
They also create loans against customer deposits at 90%
$100 customer deposit, $90 additional new money created
griffjam (November 30, 1999 at 12:00 am)
what you deposited was created from another's deposit and their's from another
philokiko (November 30, 1999 at 12:00 am)
stop work , stop pay tax , stop consumer and open a new bank
DonJohnSilver1 (November 30, 1999 at 12:00 am)
This film scares the hell out of me! How can the Goverment say, they did not know what would happen? All this was known before! I dont trust my Bank any more from now!!
purenirvana (November 30, 1999 at 12:00 am)
So what is a bank run then? I originally thought that the banks loaned out 90% of your deposit. However, I've since learned that all your deposit is in fact still there in the bank instead of it being loaned out and new money is created on top of that. Therefore, all depositors deposits are still safe as none of it has been loaned out. Can anyone help explain this?
justiakas (November 30, 1999 at 12:00 am)
really good video. as earth has limited resources, the financial system of today leads the mankind to self-destruction. i never realised that most of the money we use is generated by debt. |
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