Quote:not necessarily ...these Folks are coming up with excellent Finance models ;
that MAY work !
work how?
only if those are models that keep things going in austerity for the people and interest profits for the elites.
there are so much debt and taxes, fees and charges on people about that no liquidity, profits, capital can be retained at the bottom for long to keep circulation and expansion going and resultant well-being at the bottom.
the capitalist economy is ripe and so the costs are high and all foisted on the people. how much does it cost now to maintain a checking account at a commercial bank ::confused::
I don't know of anyone save the well paid who live way under their means who do not have to spend deficit debt every month to get by. that means inflation is high, people are being robbed by too much paper in circulation but not in their pockets. they have to pay all the charges in the economy that sucks up all the liquidity into the hands of the few
so what models can they come up with that's valid , that would return some balance to the economy so that people can work and live reasonably ::confused::
none that's what..only games they can play to finesse the robbery past the common sense of ordinary people so they accept their condition easily.
[quote author=ketchim link=topic=83572.msg522153#msg522153 date=1379699954]
hahaha...On Jeopardy ! last night , the American contestants did NOT know who :
Ben Bernake is ....i was shocked ! ::LOL::
[/quote] Who is he?
what is interesting that no one mentions..or appear to notice.
in europe, canada, the usa..everywhere...I IS THE SAME SMALL GROUP OF PEOPLE WHO OWN AND CONTROL EVERYTHING
THE FEDERAL RESERVE..ALL THE CONTINENTAL EUROPEAN CENTRAL BANKS, THE BANK OF ENGLAND, 'THE CITY' IN LONDON, WALL STREET, THE GERMAN FINANCIAL SECTION..EVERYWHERE!
as a result to talk of a european financial problem is wrong..or an american one. it is this same group owns all the banks most of the world, all the markets, all international payment structures etc. so if Rothschild, soros and warburgh own wall street, created and sold toxic financial instruments to europe that screwed the european economy it is rothschild, warburgh and soros in europe who bought those toxic instruments and created the problem...both in american and europe and he whole world
so when Bernanke prints money and bails out europe it is warburgh soros and rothschild who owns the federal reserve and also receives the bailout in europe. it is the same everywhere save in those countries who control their own financial situation, have no central banks or own it if they have one.
so we are all being played by one small group of people the same group everywhere manipulating the hell out of human society.
so what model can anyone come up with that works save one that ends all of this crookedness and monopoly control..or one that finesses it past the people to keep them docile in the face of enslavement