People think that crooks who steal are outside Banks,that is not the case any more, they are within the banking system. Those who steal your money is no more outside the banks but they have already gone in the system. Central Bank is the biggest thief. They decimate people's hard earned money by printing money using printing press. Today money is not the same as tommorows money, tomorrow is cheaper than today in Accounting terms. Future value is allways lower.
Other's money is cheaper to borrow than your own hard earned money. That is how the system is made.The system is rigged so as the rich will get richer not because he is holding on to money but they are holding on to the goldern goose which lays golden eggs. The goldern goose is the investment assets and their income is goldern eggs.
People who work hard try to put up a living is in the wrong side of the equation. They will always work and there will be ups and downs and they will suffer the most with debt. Because they want everything the world has to offer and their wishlist do not end, they will be screwed to the maximum.
When Gold standard ended so did money end as there is no intransic value anymore, it became a currency. The rise of Gold and Silver coins, and bitcoins are here to stay. Central Banks hate bitcoins,gold,silver and comodities based money.Which is true money and they are not paper fiat currency.
The monatary system is rigged if any one country backs its currency with gold , all the currencies of the world will collapse. It is like this "I print bunch of infinite usdollar" then "you print some more euros", then "other person prints other currencies". To make it stable the match is already fixed so as not to out do one another. They buy debt with worthless printed currency. Which has no intransic value(no value of its own).
At the end of the day people who work hard loose the most.
From the time of Nooh(Nooah) people used Gold,silver and comodities are money till US government ended gold standard.
This monatary system will collapse big time.That time the world trade will stop,and collapse. Those who owned property will food crops without debt will survive, others will fail.
Even banks fails in a decade or two due to eating interest. They are not eating interest but they are eating the capital itself. That is why banks needs fresh capital and bailouts.
History will repeat itself, China which printed first paper currency collapsed long time ago. Those who do not learn from History are doomed.
Other's money is cheaper to borrow than your own hard earned money. That is how the system is made.The system is rigged so as the rich will get richer not because he is holding on to money but they are holding on to the goldern goose which lays golden eggs. The goldern goose is the investment assets and their income is goldern eggs.
People who work hard try to put up a living is in the wrong side of the equation. They will always work and there will be ups and downs and they will suffer the most with debt. Because they want everything the world has to offer and their wishlist do not end, they will be screwed to the maximum.
When Gold standard ended so did money end as there is no intransic value anymore, it became a currency. The rise of Gold and Silver coins, and bitcoins are here to stay. Central Banks hate bitcoins,gold,silver and comodities based money.Which is true money and they are not paper fiat currency.
The monatary system is rigged if any one country backs its currency with gold , all the currencies of the world will collapse. It is like this "I print bunch of infinite usdollar" then "you print some more euros", then "other person prints other currencies". To make it stable the match is already fixed so as not to out do one another. They buy debt with worthless printed currency. Which has no intransic value(no value of its own).
At the end of the day people who work hard loose the most.
From the time of Nooh(Nooah) people used Gold,silver and comodities are money till US government ended gold standard.
This monatary system will collapse big time.That time the world trade will stop,and collapse. Those who owned property will food crops without debt will survive, others will fail.
Even banks fails in a decade or two due to eating interest. They are not eating interest but they are eating the capital itself. That is why banks needs fresh capital and bailouts.
History will repeat itself, China which printed first paper currency collapsed long time ago. Those who do not learn from History are doomed.