World Bank enslaves the world

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Re: World Bank enslaves the world

#21  Postby Corneel » Mar 02, 2017 8:59 pm

Handy andy wrote:Stupid question.

Who prints the worlds money supply? and who supplies the increasing demand for more money in the economy?

I am guessing this would be the world bank, correct?

Wrong. The World Bank has very little to do with the world's money supply and it certainly isn't anything like the world's Central Bank.

If anyone prints the world's money supply it's the US federal reserve.
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Re: World Bank enslaves the world

#22  Postby crank » Mar 03, 2017 1:06 pm

Corneel wrote:
Handy andy wrote:Stupid question.

Who prints the worlds money supply? and who supplies the increasing demand for more money in the economy?

I am guessing this would be the world bank, correct?

Wrong. The World Bank has very little to do with the world's money supply and it certainly isn't anything like the world's Central Bank.

If anyone prints the world's money supply it's the US federal reserve.

No, it's not, it's the banks, they print a very large percentage of the money. See the Positive Money videos, they explain this very well, it's not an open question. If there were such a thing as 'world money supply', it would have to be in US dollars, at least for now, since so much international trade is dollar-based, meaning prices stated in dollars, the actual exchange is in dollars, etc.
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Re: World Bank enslaves the world

#23  Postby Handy andy » Mar 03, 2017 1:26 pm

There are a few companies in the world that print money, the banks don't do it. There used to be one in Gateshead, the name escapes me.

Who gets to lend the money and get interest from it?

How does the new money get into the economy?

Who is loaning the new money to who?
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Re: World Bank enslaves the world

#24  Postby Fallible » Mar 03, 2017 1:45 pm

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Re: World Bank enslaves the world

#25  Postby Corneel » Mar 03, 2017 2:03 pm

Handy andy wrote:There are a few companies in the world that print money, the banks don't do it. There used to be one in Gateshead, the name escapes me.

Who gets to lend the money and get interest from it?

How does the new money get into the economy?

Who is loaning the new money to who?

We're not your Finance and Economics 101 professors, read up on the subject and come back.
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Re: World Bank enslaves the world

#26  Postby crank » Mar 04, 2017 10:06 am

Handy andy wrote:There are a few companies in the world that print money, the banks don't do it. There used to be one in Gateshead, the name escapes me.

Who gets to lend the money and get interest from it?

How does the new money get into the economy?

Who is loaning the new money to who?

I think you're confusing 'printing money' with 'printing money'. One of them is about who takes paper and puts ink on it. This money is a miniscule part of the money supply, and it's creation usually makes no difference to the quantity of money in circulation, which is the money supply, it's instead used as replacement for worn bills. The other 'printing money' is a metaphor for ramping up the money supply through various means without reason other than to spend without needing a source of funding. The banks are the primary creators of money. If you don't understand the difference between money and currency [paper money and coins], you have a long period of eco101 catch up to do before you're able to have a clue about the subject.
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