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Is your money safe in the Bank? (Read 993 times)
Bobby.
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Is your money safe in the Bank?
Jul 13th, 2017 at 4:41pm
 


According to this video the greedy bankers are gambling your
money on the futures market which is at least 10 times greater than the whole world's GDP.

If you have money in the bank you're an unsecured creditor if it goes belly up.

At the same time they are paying pathetic rates of interest to you.
You'd think that their high risk activities would ensure you a higher rate of interest?
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President Elect, The Mechanic
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Re: Is your money safe in the Bank?
Reply #1 - Jul 13th, 2017 at 5:29pm
 
our government guarantees our money in the bank... the big ones anyways..

so after they get given protection by the government (thats us) they then turn around and bend us over and shaft us...  Undecided
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Q

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Every Dog Has Its Day...
Dark to Light.
Sheep no more.
 
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Sir lastnail
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Re: Is your money safe in the Bank?
Reply #2 - Jul 13th, 2017 at 6:56pm
 
Bobby. wrote on Jul 13th, 2017 at 4:41pm:


According to this video the greedy bankers are gambling your
money on the futures market which is at least 10 times greater than the whole world's GDP.

If you have money in the bank you're an unsecured creditor if it goes belly up.

At the same time they are paying pathetic rates of interest to you.
You'd think that their high risk activities would ensure you a higher rate of interest?


Everyone's super is gambled each day on the stock market that's why punters lose a truck load every time the stock market collapses and all of those years of paper gains evaporate in a matter of hours or in some cases minutes !!

Crypto currencies maybe the future to avoid medalling by banks.
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Bobby.
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Re: Is your money safe in the Bank?
Reply #3 - Jul 13th, 2017 at 7:10pm
 
President Elect, The Mechanic wrote on Jul 13th, 2017 at 5:29pm:
our government guarantees our money in the bank... the big ones anyways..

so after they get given protection by the government (thats us) they then turn around and bend us over and shaft us...  Undecided



But even the Govt. is in $500 B of debt.
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President Elect, The Mechanic
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Re: Is your money safe in the Bank?
Reply #4 - Jul 13th, 2017 at 8:07pm
 
Bobby. wrote on Jul 13th, 2017 at 7:10pm:
President Elect, The Mechanic wrote on Jul 13th, 2017 at 5:29pm:
our government guarantees our money in the bank... the big ones anyways..

so after they get given protection by the government (thats us) they then turn around and bend us over and shaft us...  Undecided



But even the Govt. is in $500 B of debt.


yes.. we are turning into a High Spending High Taxing Socialist Country who robs from the rich to give to the bludgers...

think Venezuela...

and how did that work out???
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Q

The STORM has arrived
Every Dog Has Its Day...
Dark to Light.
Sheep no more.
 
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Bobby.
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Re: Is your money safe in the Bank?
Reply #5 - Jul 13th, 2017 at 8:26pm
 
President Elect, The Mechanic wrote on Jul 13th, 2017 at 8:07pm:
Bobby. wrote on Jul 13th, 2017 at 7:10pm:
President Elect, The Mechanic wrote on Jul 13th, 2017 at 5:29pm:
our government guarantees our money in the bank... the big ones anyways..

so after they get given protection by the government (thats us) they then turn around and bend us over and shaft us...  Undecided



But even the Govt. is in $500 B of debt.


yes.. we are turning into a High Spending High Taxing Socialist Country who robs from the rich to give to the bludgers...

think Venezuela...

and how did that work out???




Yes but my point is that -

would you lend your money to a gambler to go to a casino &
play roulette or blackjack?

The banks are gambling our money on the futures market.
What happens if they lose?

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The_Barnacle
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Re: Is your money safe in the Bank?
Reply #6 - Jul 16th, 2017 at 11:33am
 
Bobby. wrote on Jul 13th, 2017 at 8:26pm:
would you lend your money to a gambler to go to a casino &
play roulette or blackjack?
The banks are gambling our money on the futures market.
What happens if they lose?


Sir lastnail wrote on Jul 13th, 2017 at 6:56pm:
Everyone's super is gambled each day on the stock market that's why punters lose a truck load every time the stock market collapses and all of those years of paper gains evaporate in a matter of hours or in some cases minutes !!


To call it "gambling" is to show a complete misunderstanding of how investing works. Over the long term investors in the stock market and the futures market are always going to make more money than those who hide their money under the bed.
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The Right Wing only believe in free speech when they agree with what is being said.
 
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rhino
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Re: Is your money safe in the Bank?
Reply #7 - Jul 16th, 2017 at 11:46am
 
Sir lastnail wrote on Jul 13th, 2017 at 6:56pm:
Bobby. wrote on Jul 13th, 2017 at 4:41pm:


According to this video the greedy bankers are gambling your
money on the futures market which is at least 10 times greater than the whole world's GDP.

If you have money in the bank you're an unsecured creditor if it goes belly up.

At the same time they are paying pathetic rates of interest to you.
You'd think that their high risk activities would ensure you a higher rate of interest?


Everyone's super is gambled each day on the stock market that's why punters lose a truck load every time the stock market collapses and all of those years of paper gains evaporate in a matter of hours or in some cases minutes !!

Crypto currencies maybe the future to avoid medalling by banks.
And thats why you are poor.
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____
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Re: Is your money safe in the Bank?
Reply #8 - Jul 16th, 2017 at 11:59am
 
The only thing backing money is the government forcing taxes to be paid in it.

Besides this, transacting in the local currency is a fool's game. It's a worthless piece of plastic that only mugs put a value to.

Physical precious metals and cryptocurrencies are superior.
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Ajax
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Re: Is your money safe in the Bank?
Reply #9 - Jul 16th, 2017 at 12:06pm
 
Quote:
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

Henry Ford

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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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The_Barnacle
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Re: Is your money safe in the Bank?
Reply #10 - Jul 16th, 2017 at 12:15pm
 
Quote:
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

Henry Ford


The supposed quote was really a paraphrase originally by Charles Binderup 19 March 1937 in the House of Representatives (Congressional Record—House 81:2528):

In summary, it seems that a paraphrasing of Henry Ford has been mistakenly identified as an exact quote.
https://skeptics.stackexchange.com/questions/18247/did-henry-ford-predict-revolu...

Quote:
"The problem with internet quotes is that you cant always depend on their accuracy" -Abraham Lincoln, 1864.

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The Right Wing only believe in free speech when they agree with what is being said.
 
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Ajax
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Re: Is your money safe in the Bank?
Reply #11 - Jul 16th, 2017 at 12:42pm
 
Quote:
I have two great enemies, the southern army in front of me and the financial institutions, in the rear. Of the two, the one in the rear is the greatest enemy.

Abraham Lincoln
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Ajax
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CO2 has never controlled
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Re: Is your money safe in the Bank?
Reply #12 - Jul 16th, 2017 at 12:47pm
 
Quote:
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Thomas Jefferson

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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Ajax
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Re: Is your money safe in the Bank?
Reply #13 - Jul 16th, 2017 at 12:52pm
 
Quote:
"Give me control of a nation's money and I care not who makes it's laws."-- Mayer Amschel Bauer Rothschild
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Ajax
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Re: Is your money safe in the Bank?
Reply #14 - Jul 16th, 2017 at 12:53pm
 
Quote:
"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers." --

Congressman
Louis T. McFadden
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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