dukeanthony
New Member
AND is there a minimum reserve they must maintain by law?
Yes Or No
Whats Ron Pauls Jobs Plan
- Thread starter dukeanthony
- Start date
Yes Or No
dukeanthony
New Member
The reserve requirement (or cash reserve ratio) is a central bank regulation that sets the minimum reserves each commercial bank must hold (rather than lend out) of customer deposits and notes. It is normally in the form of cash stored physically in a bank vault (vault cash) or deposits made with a central bank.
So what was your point with this? Do you have a point? Or are you just trying to impress us with how efficiently you can copy and paste part of a wiki article?
dukeanthony
New Member
But why would I say that? How can I be wrong when you have provided NOTHING to back up a single claim of yours, which is extra ironic becasue you actually claimed NOTHING, LOL.
dukeanthony
New Member
So we are back to you playing fetch it again?
Go fuck yourself
[video=youtube;ssC77hapv0g]http://www.youtube.com/watch?v=ssC77hapv0g[/video]
smokebros
Well-Known Member
duke anthony. what is your take on the following:
-Fractional Reserve Banking.
-Bank Runs.
-M1, M2, MZM? If you have studied these numbers you would understand our monetary system is unsustainable.
-QE1, QE2, the soon to come QE3?
-What is your opinion on JP Morgan? They make 1-2% per transaction on EBT transactions. They also hold all the silver. In 2009 when there was a run on the silver, JPMorgan did not have it. what is your opinion?
-JP Morgan is one of the primary private shareholders of the Federal Reserve, what is your opinion on this?
-What's your opinion of the Fed being able to create their own profit?
http://www.youtube.com/watch?v=iCWw8tQW15g
-Have you read H.R. 1540? The National Defense Authorization Act for Fiscal Year 2012. Have your read the section about rare earths? what's your opinion?
- How about Wachovia Laundering 378 billions dollars from 2004-2007 and paying only a 160 million dollar fine that was [1 / 2,362] of the crime itself? nobody was arrested?
http://www.wanttoknow.info/a-Wachovia-admits-laundered-$378-billion-Mexican-drug-cartel-money
But Really, you look like very uneducated when you try to defend a central banking system.
Think about this. The Fed only creates $1usd and they lend It to the US government. Explain to me how we pay interest.. example 10 cents, on that dollar, if that is the only dollar in circulation? it is absolutely impossible because that money to pay interest simply doesn't exist.
Get rid of the Fed and the IRS no longer collects a "federal income tax" from you. that goes directly to the pockets of the private shareholders of the Fed like I said before.
Which in turn eliminates any reason for an IRS.
The Federal Reserve is the biggest ponzi scheme of all time. They directly control our currency and have been fucking things up since 1913. They are the reason the great depression happened, along with every other financial mishap in the last 100 years. They are directly responsible for the jobs in this country.
-Fractional Reserve Banking.
-Bank Runs.
-M1, M2, MZM? If you have studied these numbers you would understand our monetary system is unsustainable.
-QE1, QE2, the soon to come QE3?
-What is your opinion on JP Morgan? They make 1-2% per transaction on EBT transactions. They also hold all the silver. In 2009 when there was a run on the silver, JPMorgan did not have it. what is your opinion?
-JP Morgan is one of the primary private shareholders of the Federal Reserve, what is your opinion on this?
-What's your opinion of the Fed being able to create their own profit?
http://www.youtube.com/watch?v=iCWw8tQW15g
-Have you read H.R. 1540? The National Defense Authorization Act for Fiscal Year 2012. Have your read the section about rare earths? what's your opinion?
- How about Wachovia Laundering 378 billions dollars from 2004-2007 and paying only a 160 million dollar fine that was [1 / 2,362] of the crime itself? nobody was arrested?
http://www.wanttoknow.info/a-Wachovia-admits-laundered-$378-billion-Mexican-drug-cartel-money
But Really, you look like very uneducated when you try to defend a central banking system.
Think about this. The Fed only creates $1usd and they lend It to the US government. Explain to me how we pay interest.. example 10 cents, on that dollar, if that is the only dollar in circulation? it is absolutely impossible because that money to pay interest simply doesn't exist.
Get rid of the Fed and the IRS no longer collects a "federal income tax" from you. that goes directly to the pockets of the private shareholders of the Fed like I said before.
Which in turn eliminates any reason for an IRS.
The Federal Reserve is the biggest ponzi scheme of all time. They directly control our currency and have been fucking things up since 1913. They are the reason the great depression happened, along with every other financial mishap in the last 100 years. They are directly responsible for the jobs in this country.
Its going to take a while for him to find an appropriate amount of Wiki articles and blogs to Copy and paste from to give you an answer.
30 minutes is far too long to sit through and be proven wrong, instead he will go to bed and ignore this thread from here on out. Mark my words.
dukeanthony
New Member
I pay taxes
Its the cost of living in a society
I understand rare earths and chinas Monopoly on them (carbide you left that out)
The Current administration is doing a good job of preventing the economy from collapsing
Ron Paul is a turtle fucking nut
There I have answered all your questions
Its the cost of living in a society
I understand rare earths and chinas Monopoly on them (carbide you left that out)
The Current administration is doing a good job of preventing the economy from collapsing
Ron Paul is a turtle fucking nut
There I have answered all your questions
LOL, you didn't answer a single question presented to you in the whole thread.
Mr Neutron
Well-Known Member
He never does.
Prefontaine
Well-Known Member
the current administration has and still is undermining the markets ability to heal itself
dukeanthony
New Member
So he wants a Strong dollar to get people to buy American?
He wants to cut capital gains?
THAT'S HIS WHOLE FUCKING PLAN?