5 Answers - Sort by: Date | Rating
It would seem the function of Central Banks is to enslave the populace to the bankers (and thus provide constant income to the bankers and usurers...
... Doesn't the Bible say usury is a sin ? -How odd that an allegedly Christian country bases its economy on something the scriptures say is sinful !!! ;-) )
So the Fed prints notes without having the wherewithal to back them up (linking the production of notes to the value of gold bullion held by the Central bank was done away with as an inconvenience to the bankers getting richer long ago) and the public have to pay back the capital (the value of the note) plus interest (to the Fed) and the more notes produced the deeper in debt the public become (ad infinitum)
Isn't it a bit scary that the Fed produces notes with no reserves to support them (they make money from nothing) and then charges interest (from the public) on every note produced, because that means that the American people can NEVER be out of debt to the Fed
Isn't that called "slavery" ?
Wasn't the war of Independence fought to escape just such enslavement to the UK Central Bank?
Oh and if the bankers get it all wrong and the markets crash they can always get the Govt to pay it all off in "emergency bailouts" (another form of taxation on the public to support the bankers again, is it not?)
That's my understanding of it anyway ;-)
HTH :-)
... Doesn't the Bible say usury is a sin ? -How odd that an allegedly Christian country bases its economy on something the scriptures say is sinful !!! ;-) )
So the Fed prints notes without having the wherewithal to back them up (linking the production of notes to the value of gold bullion held by the Central bank was done away with as an inconvenience to the bankers getting richer long ago) and the public have to pay back the capital (the value of the note) plus interest (to the Fed) and the more notes produced the deeper in debt the public become (ad infinitum)
Isn't it a bit scary that the Fed produces notes with no reserves to support them (they make money from nothing) and then charges interest (from the public) on every note produced, because that means that the American people can NEVER be out of debt to the Fed
Isn't that called "slavery" ?
Wasn't the war of Independence fought to escape just such enslavement to the UK Central Bank?
Oh and if the bankers get it all wrong and the markets crash they can always get the Govt to pay it all off in "emergency bailouts" (another form of taxation on the public to support the bankers again, is it not?)
That's my understanding of it anyway ;-)
HTH :-)
1
0
A commercial bank or the commercial portion of a bank deals with business accounts,payroll and other monetary business that a company may have...hope this helps you
0
0
Guest
answered 9 months ago
They accept deposits such an account is opened for customers who wish to make regular payments and would like to withdraw money from the account without notifying the bank
0
0
Guest
answered 7 months ago
- What Is The Mascot Of Vanderbilt University?
- How To Write An Appeal To A Current Opportunity?
- What Is Concurrent Feedback?
- Analyze Criticism Of The "Electoral College" System And The Alleged Advantages And Disadvantages Of Various Reform Proposals?
- How Much Time Does An Ins Co. Have To Respond To Your Attorney About An E.i.r.s.a. Appeal?
- What Do You Call People Who Go To College?
- What Is Another Word For People You Go To College Kids?
- Can You Give A List Of Colleges In Manhattan That Accept Ielts Results?
- Do We Need To Go To College To Be A Model?
- How Much College Needed To Be Aerospace Engineers?
- Economics How Can You Find What Principal Of Economics Is Being Used In A Newspaper Article?
- What Are Does And Don't For College?
- My Mom Was Murdered What Kind Of College Fund Help Can I Get?
- How Many Years Do You Have To Go To College To Become A Professional Organizer?
- Solution To The Problems Of Boys Who Fail In College?
- How Did The Fans Of The Xc60 Rank It's Features?
- How Fans Ranked The Volvo Xc60?
- Where Did The Fans Of The Volvo Xc60 Rank It?
- What Are The Advantages And Disadvantages Of The Electoral College System?
- What Should I Major In College If I Want To Become A Veterinarian?
- How To Write An Appeal?
- Can You Suggest Good Name For Cultural Festival In Philosophy College?
- What Are The Features Of The XC60 That Fans Listed?
- Where Did Fans Rank The Features For The Volvo XC60?
- What Can I Do If I Forgot What My Allotment Is For?
- What Are The Basic Functions Of Commercial Banks?
- What Are The Primary Functions Of Commercial Banks?
- What Are Secondary Functions Of Commercial Banks?
- What Are The Modern Functions For Commercial Banks ?
- What Are The Secondary Functions Of Commercial Banks In Pakistan?
- Can You Tell Me The Primary And Secondary Functions Of Commercial Banks?
- Why Traditional Functions Of Commercial Banks Are Obsolete?
- What Are The Functions Of Commercial Banks As Serving Credit?

New Comment - Comments are editable for 5 min.