America and the dollar (5)

Mar 26, 2013 10:39 AM CST America and the dollar
revealer24
revealer24revealer24Arundel, Queensland Australia62 Threads 985 Posts
Do you want to know what the US has in store for the world to save the dollar?

Make sure you turn on the captions (6th button from the bottom right)....

Mar 27, 2013 6:14 AM CST America and the dollar
Blizzard14u
Blizzard14uBlizzard14uGosnells, Western Australia Australia67 Threads 2 Polls 1,430 Posts
revealer24: Do you want to know what the US has in store for the world to save the dollar?

Make sure you turn on the captions (6th button from the bottom right)....



The American banks wont let the USA save the dollar? Or pay back its debt as that’s impossible! As the government borrowed its money at interest from the reserve bank! Who are separate from the US government, not like our banking system in any way?

Its only a matter off time before the USA is Broke! Bankrupt and owned by the BANKS! It doesn’t matter who they elect the Banks will still own the country!
professor doh
Mar 27, 2013 6:34 AM CST America and the dollar
Halv0
Halv0Halv0Marcoola, Queensland Australia19 Threads 766 Posts
Blizzard14u: The American banks wont let the USA save the dollar? Or pay back its debt as that’s impossible! As the government borrowed its money at interest from the reserve bank! Who are separate from the US government, not like our banking system in any way?

Its only a matter off time before the USA is Broke! Bankrupt and owned by the BANKS! It doesn’t matter who they elect the Banks will still own the country!


How is that much different to us here? Large corporations dictate to the government the terms of trade for them to be here. They hold our governments to ransom to pass the laws that suit them.

Why does the government consult industry when making plans to tax multinational corportations?

Have a look at GST. When Hewson posed it, Multinationals would have paid 10%, he was turfed out. Then Howard brought in a GST system where business pays virtually nothing! The end consumer wears it all.
Mar 27, 2013 6:34 AM CST America and the dollar
Halv0
Halv0Halv0Marcoola, Queensland Australia19 Threads 766 Posts
Blizzard14u: The American banks wont let the USA save the dollar? Or pay back its debt as that’s impossible! As the government borrowed its money at interest from the reserve bank! Who are separate from the US government, not like our banking system in any way?

Its only a matter off time before the USA is Broke! Bankrupt and owned by the BANKS! It doesn’t matter who they elect the Banks will still own the country!


How is that much different to us here? Large corporations dictate to the government the terms of trade for them to be here. They hold our governments to ransom to pass the laws that suit them.

Why does the government consult industry when making plans to tax multinational corportations?

Have a look at GST. When Hewson posed it, Multinationals would have paid 10%, he was turfed out. Then Howard brought in a GST system where business pays virtually nothing! The end consumer wears it all.

Monetary policy is not working because the banks charge what they want. As does multinational corporations.

There is almost no true market competitiveness in Australia. Each bank owns majority shares in each other, Woolworths, and Wesfarmers own just about every supermarket, alcohol store, and service station.

How is this any different to the USA?
Mar 29, 2013 1:26 AM CST America and the dollar
Blizzard14u
Blizzard14uBlizzard14uGosnells, Western Australia Australia67 Threads 2 Polls 1,430 Posts
Halv0: How is that much different to us here? Large corporations dictate to the government the terms of trade for them to be here. They hold our governments to ransom to pass the laws that suit them.

Why does the government consult industry when making plans to tax multinational corportations?

Have a look at GST. When Hewson posed it, Multinationals would have paid 10%, he was turfed out. Then Howard brought in a GST system where business pays virtually nothing! The end consumer wears it all.

Monetary policy is not working because the banks charge what they want. As does multinational corporations.

There is almost no true market competitiveness in Australia. Each bank owns majority shares in each other, Woolworths, and Wesfarmers own just about every supermarket, alcohol store, and service station.

How is this any different to the USA?

Yes companies over here have an monopoly! And the ACCC is a toothless tiger! But our money is ours?

In America, the money is owned by the federal reserve bank. It is not owned by the government, so the government pay interest on every dollar made by the reserve?

A simple theory here, if you borrow $100 at interest to the bank that made the money the $100? How can you pay the interest unless the bank lends you more money To pay the interest?

So America can never pay off its debt because its money is cost plus interest,

Plus all money now is classed as legal tender! No longer too the value off gold as it once was!
professor
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