Post by kenmb on Apr 27, 2023 8:19:35 GMT -6
Another good example there General.
There are many examples to show why we are at this point. And it is not "capitalism failing". Banks creating capital out of thin air and charging it out at a rate below the inflation caused by the additional lending is not capitalism - it is centrally planned.
And of course that means all banks were on board. Yes, all these banks competing really hard for you business and trying to make a go of their business all decided undertaking a loosing arrangement (lend capital below inflation rate) was in their best interests. Um, no. Its all one central control point when such a thing happens, meaning all one entity.
So this idea of "banks failing" is only for the people who can't be bothered to understand how their world works. The banks aren't failing. They never will. A few choose ones will be removed to make the peasants think the system is legitimate.
It is noteworthy that no major bank has failed though. The system figured out that they can create money out of thin air and save their own banks. This is something we need to pay attention to. This was not the game plan. They spent over 3 decades setting this up. 1998 crash, then the 2008 gfc were all done to get to this point.
So either they are not able to carry out their plan, or they are holding off. But there most definitely is a plan. Anyone who thinks it is simply free market forces suddenly giving the banking industry some hard times is a naive fool. Too busy watching tv and being told what to think.
Now and then I wonder why I'd dint sell more grain through winter and I remind myself I would rather have a commodity in the bin than $$ in the bank because of the crap going on and likely news of banking troubles. And come March that is exactly what we got, except for the banks haven't failed. I personally don't think they will.
There are many examples to show why we are at this point. And it is not "capitalism failing". Banks creating capital out of thin air and charging it out at a rate below the inflation caused by the additional lending is not capitalism - it is centrally planned.
And of course that means all banks were on board. Yes, all these banks competing really hard for you business and trying to make a go of their business all decided undertaking a loosing arrangement (lend capital below inflation rate) was in their best interests. Um, no. Its all one central control point when such a thing happens, meaning all one entity.
So this idea of "banks failing" is only for the people who can't be bothered to understand how their world works. The banks aren't failing. They never will. A few choose ones will be removed to make the peasants think the system is legitimate.
It is noteworthy that no major bank has failed though. The system figured out that they can create money out of thin air and save their own banks. This is something we need to pay attention to. This was not the game plan. They spent over 3 decades setting this up. 1998 crash, then the 2008 gfc were all done to get to this point.
So either they are not able to carry out their plan, or they are holding off. But there most definitely is a plan. Anyone who thinks it is simply free market forces suddenly giving the banking industry some hard times is a naive fool. Too busy watching tv and being told what to think.
Now and then I wonder why I'd dint sell more grain through winter and I remind myself I would rather have a commodity in the bin than $$ in the bank because of the crap going on and likely news of banking troubles. And come March that is exactly what we got, except for the banks haven't failed. I personally don't think they will.
