Home › Forums › Financial Markets/Economics › griffin federal reserve
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October 12, 2010 at 11:24 AM #617500October 12, 2010 at 11:25 AM #616440investorParticipant
[quote=davelj][quote=investor]So, one of the two of you brings up his degrees, I bring up mine and I am the smarty pants? Don’t make me go and find it, I don’t have the time right now.[/quote]
Let me shorten your work day for you. Don’t bother. You won’t find it. Because it doesn’t exist.[/quote]
You are making me want to go and find it. I told you I don’t have the time.October 12, 2010 at 11:25 AM #616526investorParticipant[quote=davelj][quote=investor]So, one of the two of you brings up his degrees, I bring up mine and I am the smarty pants? Don’t make me go and find it, I don’t have the time right now.[/quote]
Let me shorten your work day for you. Don’t bother. You won’t find it. Because it doesn’t exist.[/quote]
You are making me want to go and find it. I told you I don’t have the time.October 12, 2010 at 11:25 AM #617069investorParticipant[quote=davelj][quote=investor]So, one of the two of you brings up his degrees, I bring up mine and I am the smarty pants? Don’t make me go and find it, I don’t have the time right now.[/quote]
Let me shorten your work day for you. Don’t bother. You won’t find it. Because it doesn’t exist.[/quote]
You are making me want to go and find it. I told you I don’t have the time.October 12, 2010 at 11:25 AM #617190investorParticipant[quote=davelj][quote=investor]So, one of the two of you brings up his degrees, I bring up mine and I am the smarty pants? Don’t make me go and find it, I don’t have the time right now.[/quote]
Let me shorten your work day for you. Don’t bother. You won’t find it. Because it doesn’t exist.[/quote]
You are making me want to go and find it. I told you I don’t have the time.October 12, 2010 at 11:25 AM #617504investorParticipant[quote=davelj][quote=investor]So, one of the two of you brings up his degrees, I bring up mine and I am the smarty pants? Don’t make me go and find it, I don’t have the time right now.[/quote]
Let me shorten your work day for you. Don’t bother. You won’t find it. Because it doesn’t exist.[/quote]
You are making me want to go and find it. I told you I don’t have the time.October 12, 2010 at 11:30 AM #616445ucodegenParticipant[quote investor]
Cute. Answer me this, why has the organization that controls the money in the US never been audited to see who owns what and who is making money off of the selling of our money?
[/quote]
Simple.. Congress is making money off the Fed Reserve Window lendings.
[quote investor]
Griffin does say that socialists in league with the money cartel have been slowly creeping toward a one world money supply.
[/quote]
Umm.. money cartel?? no such animal. Sounds kind of cloak and dagger though. might make a good movie but facts are far from it. The fact is that people with money and power do NOT want a one currency world. Look up “currency arbitrage” and “carry trade” for edification. Buy in to the table is in $100k units minumum(roughtly)
[quote investor]
Do you think that that is ridiculous looking at US history from the civil war era to Obama and the progression towards bigger government?
[/quote]
We already discussed aspect as to why this occurs. Simply, bureaucracy begets bureaucracy. The importance of a bureaucrat has to do with how many people are below him. It also has to do with how their funding works. You can’t save money to carry over into the next year.
[quote investor]
I haven’t proven my case by only quoting his book when I am just asking for details on why they think he is wrong, they quote the fed for a definition on the fed,… Can you provide details on why griffin is wrong? I’m not being a smart butt; I would like to hear intelligent rebuttals.
[/quote]
Let me give you an example of the problem:
How do you rebut a guy who believes that the sky is purple?
How do you even approach the problem?The underlying problems is that Griffin has no real understanding of how it works. It would be like arguing a calculus problem with someone who doesn’t understand basic arithmetic and doesn’t have a desire to go further. Davelj even gave examples of how the fractional lending actually works. He made it real simple. He didn’t even get into the Fed Reserve Window and Intra-bank lending aspect.
[quote investor]
Jefferson and Andrew Jackson were both adamantly opposed to central banks and our constitution says that our money should be based on silver and gold.
[/quote]
Answer me this: why, really why, did we go off the gold standard? It is not what most ‘pro-gold’ people think, and it is in part caused by the interaction between fiat and non-fiat currencies.October 12, 2010 at 11:30 AM #616531ucodegenParticipant[quote investor]
Cute. Answer me this, why has the organization that controls the money in the US never been audited to see who owns what and who is making money off of the selling of our money?
[/quote]
Simple.. Congress is making money off the Fed Reserve Window lendings.
[quote investor]
Griffin does say that socialists in league with the money cartel have been slowly creeping toward a one world money supply.
[/quote]
Umm.. money cartel?? no such animal. Sounds kind of cloak and dagger though. might make a good movie but facts are far from it. The fact is that people with money and power do NOT want a one currency world. Look up “currency arbitrage” and “carry trade” for edification. Buy in to the table is in $100k units minumum(roughtly)
[quote investor]
Do you think that that is ridiculous looking at US history from the civil war era to Obama and the progression towards bigger government?
[/quote]
We already discussed aspect as to why this occurs. Simply, bureaucracy begets bureaucracy. The importance of a bureaucrat has to do with how many people are below him. It also has to do with how their funding works. You can’t save money to carry over into the next year.
[quote investor]
I haven’t proven my case by only quoting his book when I am just asking for details on why they think he is wrong, they quote the fed for a definition on the fed,… Can you provide details on why griffin is wrong? I’m not being a smart butt; I would like to hear intelligent rebuttals.
[/quote]
Let me give you an example of the problem:
How do you rebut a guy who believes that the sky is purple?
How do you even approach the problem?The underlying problems is that Griffin has no real understanding of how it works. It would be like arguing a calculus problem with someone who doesn’t understand basic arithmetic and doesn’t have a desire to go further. Davelj even gave examples of how the fractional lending actually works. He made it real simple. He didn’t even get into the Fed Reserve Window and Intra-bank lending aspect.
[quote investor]
Jefferson and Andrew Jackson were both adamantly opposed to central banks and our constitution says that our money should be based on silver and gold.
[/quote]
Answer me this: why, really why, did we go off the gold standard? It is not what most ‘pro-gold’ people think, and it is in part caused by the interaction between fiat and non-fiat currencies.October 12, 2010 at 11:30 AM #617074ucodegenParticipant[quote investor]
Cute. Answer me this, why has the organization that controls the money in the US never been audited to see who owns what and who is making money off of the selling of our money?
[/quote]
Simple.. Congress is making money off the Fed Reserve Window lendings.
[quote investor]
Griffin does say that socialists in league with the money cartel have been slowly creeping toward a one world money supply.
[/quote]
Umm.. money cartel?? no such animal. Sounds kind of cloak and dagger though. might make a good movie but facts are far from it. The fact is that people with money and power do NOT want a one currency world. Look up “currency arbitrage” and “carry trade” for edification. Buy in to the table is in $100k units minumum(roughtly)
[quote investor]
Do you think that that is ridiculous looking at US history from the civil war era to Obama and the progression towards bigger government?
[/quote]
We already discussed aspect as to why this occurs. Simply, bureaucracy begets bureaucracy. The importance of a bureaucrat has to do with how many people are below him. It also has to do with how their funding works. You can’t save money to carry over into the next year.
[quote investor]
I haven’t proven my case by only quoting his book when I am just asking for details on why they think he is wrong, they quote the fed for a definition on the fed,… Can you provide details on why griffin is wrong? I’m not being a smart butt; I would like to hear intelligent rebuttals.
[/quote]
Let me give you an example of the problem:
How do you rebut a guy who believes that the sky is purple?
How do you even approach the problem?The underlying problems is that Griffin has no real understanding of how it works. It would be like arguing a calculus problem with someone who doesn’t understand basic arithmetic and doesn’t have a desire to go further. Davelj even gave examples of how the fractional lending actually works. He made it real simple. He didn’t even get into the Fed Reserve Window and Intra-bank lending aspect.
[quote investor]
Jefferson and Andrew Jackson were both adamantly opposed to central banks and our constitution says that our money should be based on silver and gold.
[/quote]
Answer me this: why, really why, did we go off the gold standard? It is not what most ‘pro-gold’ people think, and it is in part caused by the interaction between fiat and non-fiat currencies.October 12, 2010 at 11:30 AM #617195ucodegenParticipant[quote investor]
Cute. Answer me this, why has the organization that controls the money in the US never been audited to see who owns what and who is making money off of the selling of our money?
[/quote]
Simple.. Congress is making money off the Fed Reserve Window lendings.
[quote investor]
Griffin does say that socialists in league with the money cartel have been slowly creeping toward a one world money supply.
[/quote]
Umm.. money cartel?? no such animal. Sounds kind of cloak and dagger though. might make a good movie but facts are far from it. The fact is that people with money and power do NOT want a one currency world. Look up “currency arbitrage” and “carry trade” for edification. Buy in to the table is in $100k units minumum(roughtly)
[quote investor]
Do you think that that is ridiculous looking at US history from the civil war era to Obama and the progression towards bigger government?
[/quote]
We already discussed aspect as to why this occurs. Simply, bureaucracy begets bureaucracy. The importance of a bureaucrat has to do with how many people are below him. It also has to do with how their funding works. You can’t save money to carry over into the next year.
[quote investor]
I haven’t proven my case by only quoting his book when I am just asking for details on why they think he is wrong, they quote the fed for a definition on the fed,… Can you provide details on why griffin is wrong? I’m not being a smart butt; I would like to hear intelligent rebuttals.
[/quote]
Let me give you an example of the problem:
How do you rebut a guy who believes that the sky is purple?
How do you even approach the problem?The underlying problems is that Griffin has no real understanding of how it works. It would be like arguing a calculus problem with someone who doesn’t understand basic arithmetic and doesn’t have a desire to go further. Davelj even gave examples of how the fractional lending actually works. He made it real simple. He didn’t even get into the Fed Reserve Window and Intra-bank lending aspect.
[quote investor]
Jefferson and Andrew Jackson were both adamantly opposed to central banks and our constitution says that our money should be based on silver and gold.
[/quote]
Answer me this: why, really why, did we go off the gold standard? It is not what most ‘pro-gold’ people think, and it is in part caused by the interaction between fiat and non-fiat currencies.October 12, 2010 at 11:30 AM #617509ucodegenParticipant[quote investor]
Cute. Answer me this, why has the organization that controls the money in the US never been audited to see who owns what and who is making money off of the selling of our money?
[/quote]
Simple.. Congress is making money off the Fed Reserve Window lendings.
[quote investor]
Griffin does say that socialists in league with the money cartel have been slowly creeping toward a one world money supply.
[/quote]
Umm.. money cartel?? no such animal. Sounds kind of cloak and dagger though. might make a good movie but facts are far from it. The fact is that people with money and power do NOT want a one currency world. Look up “currency arbitrage” and “carry trade” for edification. Buy in to the table is in $100k units minumum(roughtly)
[quote investor]
Do you think that that is ridiculous looking at US history from the civil war era to Obama and the progression towards bigger government?
[/quote]
We already discussed aspect as to why this occurs. Simply, bureaucracy begets bureaucracy. The importance of a bureaucrat has to do with how many people are below him. It also has to do with how their funding works. You can’t save money to carry over into the next year.
[quote investor]
I haven’t proven my case by only quoting his book when I am just asking for details on why they think he is wrong, they quote the fed for a definition on the fed,… Can you provide details on why griffin is wrong? I’m not being a smart butt; I would like to hear intelligent rebuttals.
[/quote]
Let me give you an example of the problem:
How do you rebut a guy who believes that the sky is purple?
How do you even approach the problem?The underlying problems is that Griffin has no real understanding of how it works. It would be like arguing a calculus problem with someone who doesn’t understand basic arithmetic and doesn’t have a desire to go further. Davelj even gave examples of how the fractional lending actually works. He made it real simple. He didn’t even get into the Fed Reserve Window and Intra-bank lending aspect.
[quote investor]
Jefferson and Andrew Jackson were both adamantly opposed to central banks and our constitution says that our money should be based on silver and gold.
[/quote]
Answer me this: why, really why, did we go off the gold standard? It is not what most ‘pro-gold’ people think, and it is in part caused by the interaction between fiat and non-fiat currencies.October 12, 2010 at 11:30 AM #616450investorParticipant[quote=davelj][quote=investor]Don’t reference your friend a seal member unless you are one two. [/quote]
Allan, I apologize but I have to butt in here. You can address the other parts of that post if you like, but I pose a question to the gallery: What percentage of dual-doctorate holders (even in Fine Arts) would misspell the word “two” in this sentence? I can see someone writing “to” and forgetting the extra “o”. That’s an obvious mistake but I can buy that as a typo. Happens to everyone occasionally. But “two”? That’s not a typo. That’s a misunderstanding of basic language conventions. I’m sorry… that’s just too far gone.
My bullshit detector just went off again… even louder.[/quote]
Ahhh. The insults keep coming. “Two instead of too”. What a blot on my character and intelligence. Especially since a spellchecker would catch that. (Not.)This is another example of how the two (not too) of you use simple typo errors and try to discredit someone with it. Childish, and lessons the credibility of your argument. You and Allen from Fallbrook both do this.October 12, 2010 at 11:30 AM #616536investorParticipant[quote=davelj][quote=investor]Don’t reference your friend a seal member unless you are one two. [/quote]
Allan, I apologize but I have to butt in here. You can address the other parts of that post if you like, but I pose a question to the gallery: What percentage of dual-doctorate holders (even in Fine Arts) would misspell the word “two” in this sentence? I can see someone writing “to” and forgetting the extra “o”. That’s an obvious mistake but I can buy that as a typo. Happens to everyone occasionally. But “two”? That’s not a typo. That’s a misunderstanding of basic language conventions. I’m sorry… that’s just too far gone.
My bullshit detector just went off again… even louder.[/quote]
Ahhh. The insults keep coming. “Two instead of too”. What a blot on my character and intelligence. Especially since a spellchecker would catch that. (Not.)This is another example of how the two (not too) of you use simple typo errors and try to discredit someone with it. Childish, and lessons the credibility of your argument. You and Allen from Fallbrook both do this.October 12, 2010 at 11:30 AM #617079investorParticipant[quote=davelj][quote=investor]Don’t reference your friend a seal member unless you are one two. [/quote]
Allan, I apologize but I have to butt in here. You can address the other parts of that post if you like, but I pose a question to the gallery: What percentage of dual-doctorate holders (even in Fine Arts) would misspell the word “two” in this sentence? I can see someone writing “to” and forgetting the extra “o”. That’s an obvious mistake but I can buy that as a typo. Happens to everyone occasionally. But “two”? That’s not a typo. That’s a misunderstanding of basic language conventions. I’m sorry… that’s just too far gone.
My bullshit detector just went off again… even louder.[/quote]
Ahhh. The insults keep coming. “Two instead of too”. What a blot on my character and intelligence. Especially since a spellchecker would catch that. (Not.)This is another example of how the two (not too) of you use simple typo errors and try to discredit someone with it. Childish, and lessons the credibility of your argument. You and Allen from Fallbrook both do this.October 12, 2010 at 11:30 AM #617200investorParticipant[quote=davelj][quote=investor]Don’t reference your friend a seal member unless you are one two. [/quote]
Allan, I apologize but I have to butt in here. You can address the other parts of that post if you like, but I pose a question to the gallery: What percentage of dual-doctorate holders (even in Fine Arts) would misspell the word “two” in this sentence? I can see someone writing “to” and forgetting the extra “o”. That’s an obvious mistake but I can buy that as a typo. Happens to everyone occasionally. But “two”? That’s not a typo. That’s a misunderstanding of basic language conventions. I’m sorry… that’s just too far gone.
My bullshit detector just went off again… even louder.[/quote]
Ahhh. The insults keep coming. “Two instead of too”. What a blot on my character and intelligence. Especially since a spellchecker would catch that. (Not.)This is another example of how the two (not too) of you use simple typo errors and try to discredit someone with it. Childish, and lessons the credibility of your argument. You and Allen from Fallbrook both do this. -
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