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The Forum > General Discussion > Can you afford IMF cyber money?

Can you afford IMF cyber money?

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Well the dear old IMF are going to produce a new currency called "cyber money".They they are going to create money in their computers,loan it to the World Reserve Banking System,who in turn will loan it to Govts of our planet.

Will it be better than the money printed during the Great Depression or that of modern Zimbabwe?

If we are going to have money generated with no real productive capacity backing it,why not let individual Govts fall on their own swords as a result of just printing in.

Instead paying interest to the Global Reserve Banking System that has created this collapse through their fractional reserve system,why not let individual countries make their own decisions about the amount of inflationary money needed to buffer the initial stages of this collapse.

Eventually the market must decide what is of value.Presently we are are buying time via stimulus packages.Creating money deepens the recession and prolongs the time for recovery.Shrinking to more socialism will not save us.
Posted by Arjay, Tuesday, 7 April 2009 9:33:51 PM
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Arjay, you think of money in the wrong way. It is simply a means
of exchange. Those notes are simply there to enable those means
of exchange. Print more of them, they will be worth less. It is not
rocket science.

You are free to have your assets in real things, other then paper.
You can own gold, you can own oil wells, you can own a pile of copper,
or whatever you think will have value in the future.

Its your choice really.
Posted by Yabby, Tuesday, 7 April 2009 11:09:57 PM
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interesting [you got any links]
i did a quick search and coulnt find it
http://www.google.com.au/search?ie=UTF-8&oe=UTF-8&sourceid=gd&q=IMF+cyber+money&hl=en-GB&rls=MEDA,MEDA:2008-36,MEDA:en-GB

thing is the imf has a lot of gold its selling off [gold they got from argentina etc when they got conned ]cyber money isnt a new concept as the quick search reveals ,but the next global reserve currency , controlled by the imf [and the isda ;international securities and derivitives assosiation [controlled by the imf] will be the carbon credit

its the next big scam for the securities trators to speculate with, cyber money based on carbon credits [based on a lie], it is well known the media hasnt debated the topic of global warming[cooling till only a few years ago], but cyber carbon credits does look the logical scam

see they can tax us with them, huge tax they set the price of, a tax on everyone in the world ,simple cyber credit cant be sold cyber carbon credit can [and will be]the worlds feds al ready create their cyber credits, [even stocks and gold , oil etc arnt traded each day [they are centrally controled by the imf controled group that holds the real shares and real assets and only alows us to trade their paper promises[go check your super it dosnt hold the real paper securities only the promise on paper
#
every day 5 times the total ammount of all the gold ever found is traded [because people are only trading the paper isued by the gld [who only hold 100 tons of the stuff [lol]

the real truth is infandous [too odious for words]its not just cyber money, its cyber share trading ,cyber commodities, cyberlies, and yes the imf is in total control, but its controled by the same banker that runs the worlds feds [and stole the worlds gold silver and securities],

the same mob that made debt have value by trading bod debt for bad debt and calling it a share trade,[debt equity swap[derivitive]underwritten and earning a bonus for them derivitive traitors who concieved the carbon credit,and deal in fiat[and cyber]paper promises
Posted by one under god, Tuesday, 7 April 2009 11:14:30 PM
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Yabby you are living in denial.Since the 1970's the money supply has increased expodentially and destroyed the value of our dollar.If the IMF continues on it's way,hyper-inflation will mean that interest rates will rise well above 10%,we will have shortages due to the destruction of business and unemployment of massive proportions.

The way out is for sound money backed by gold ,resources,energy , land and real productivity.Our fiat currency means nothing.The US currency will soon collapse and we will follow.

one under god,I totally agree.Basically I believe in evolution,but when a system becomes totally dysfunctional and perverts the real productive economy,then it is time for revolution.It is happening in the US right now.
Posted by Arjay, Wednesday, 8 April 2009 12:00:39 AM
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No Arjay I think it is you living in another world, as yabby says it does not matter what they call it it is a measure of exchange only.
Phantom money, non existent money, is a reality it has been lent by banks spent by borrowers for decades.
This is the very problem alone with credit to people with no way of paying real money in return that see,s us dance around a bottomless hole called recession.
Posted by Belly, Wednesday, 8 April 2009 5:49:06 AM
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belly quote>>..as yabby says it does not matter what they call it it is a measure of exchange only...>>
a measure of exchange that is worthless
a measure of exchange that gives ursury to those who hold the exclusive franchise ,via the bank owned fed reserves of the world

why should fiat currency [basicly legalised paper ] by borrowed by the very govts validating it legal tender

it is the high cost of it , and the fact they[the worlds fed can regulate and inflate it at will to make the worlds govts come to heal to the bankers allowed to issue it

the fox runs the hen house

>>Phantom money, non existent money, is a reality it has been lent by banks spent by borrowers for decades.>>

and the reason for the continual boom and bust is because it can only be created by borrowing it [AT URSURY] so someone [usually the poor] has to default only so they can hyper inflate it to issue more of it

the prices of things dont rise [their worth in the fiat inflates[in relitive exchange value real worth stays relitive to its real value [except the waghes of the poor that slide ever lower

its a case of the poor wage that stays the same gets eroded in the value it can buy

>>people with no way of paying real money in return that see,s us dance around a bottomless hole called recession.>>
yes ursury is a moral corruption
the rich get credtit the poor get bankrupted

its fine if your credit worthy
inflation creates ever more poor
imagine if every payment cut our debt, not simply payed off the ursury
Posted by one under god, Wednesday, 8 April 2009 7:53:31 AM
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