Tag Archives: money out of thin air
BANK ADMITS: MONEY IS FAKE, FICTIONAL, NOT REAL
An anniversary repost, originally appearing March 31, 2014 at my other blog, The Air Standard: The very essence of what this blog is all about has been spelled out and confirmed in an article by the Bank of England: “Commercial … Continue reading
LIBERTY ROAD COMIX: NEW FEATURE
A new, periodic feature here at LRM—a cartoon or comic. In the past I have done some cartooning under the titles “Eggs Is Tense” and “Free Country.” I miss doing it and occasionally get ideas for cartoons and figured, why … Continue reading
Posted in Bank of America, Chase, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, ISIS, Keiser Report, Liberty Road, Paper terrorism, Too big to fail, Tyranny, US Bank, Wealth transfer, Wells Fargo
Tagged capitalism without capital, cartoon, comics, comix, de-capitalism, decapitation, Eggs Is Tense, fiat money, Free Country, In-Solvent Institutions of Stealing, Jihadi Jamie, market fundamentalism, Max Keiser, money out of thin air
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THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
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DEBT JUBILEE: THE AFTERMATH
Let’s say that tomorrow, out of the blue, there was a complete debt jubilee. Meaning, if you went to bed tonight with $100K in student loans and $3K left until your car is paid off, and a mortgage you’re 20 … Continue reading
Posted in Debt Slavery, Everything Is Rigged, fiat currency, freedom
Tagged banks, jubilee, money out of thin air, Robert Reich, Rolling Jubilee, Strike Debt
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BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer
Tagged bailout, Bank of England, fiat currency, fiat money, Kevin Evans, lender, money is fictional, money out of thin air, Northern Rock, ProPublica, reward, risk, self-issued currency, The Air Standard, The Telegraph, U.S. dollar
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WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?
Scene: a typical American coffee shop. We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe. We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading
Posted in Asset Bubble, Bank of America, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Price, Price-fixing, Rent-seeking, Rentier, Wage slavery, Wages
Tagged can't afford house, coffee, grande, HELOC, Justice League Task Force, landlord, money is fictional, money out of thin air, prices, rent, Rentier, salary, second job, tall, third job, venti, wages
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MAY DAY 2014: WORKING MEN SHOULD BE PISSED
So it’s International Worker’s Day…to paraphrase D. Boon from the video above, I’ll put it in simple words why working men (and women) are (or should be) pissed… 1. Banks got bailed out by workers while banks continue to prey … Continue reading
Posted in Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Living Lies, minimum wage, QE unlimited, Redistribution, Rentier, Reverse socialism, Tax, Wage slavery, Wages, Wealth transfer
Tagged D. Boon, food stamps, foreclosure fraud, International Worker's Day, labor, May Day, middle class, Minutemen, money out of thin air, QE, quantitative easing, taxes, The Economist, wages, Washington Post, workers, working poor
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BANK SAYS: IF YOU BELIEVE BANKS LEND DEPOSITS, YOU ARE WRONG
This is NOT an April Fool’s prank. Indeed, the Bank of England wants you to understand that when it comes to money creation, everything you “know” is wrong (cross-posted at The Air Standard)… In its recent press release, the BoE … Continue reading
Posted in Asset Bubble, Bank of America, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Redistribution
Tagged Bank of England, Ben Bernanke, big lie, central banking, commercial bank, currency, deposits, Federal Reserve, fiat money, fictional money, James Tobin, lending, loan, Mein Kampf, mind control, money out of thin air, myth, reserves, textbooks
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BANKS DO NOT LEND MONEY: ROSENBERG EDITION
ABSTRACT: I get tired of reading about how banks lend money and take all these risks and are therefore entitled to “repayment.” National discourse on the fact that banks do not lend their or their depositors’ money needs to begin … Continue reading
Posted in Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Secondary debt market, US Bank
Tagged borrowing, Federal Reserve, fractional reserve, investors, lending, Maury Rosenberg, money out of thin air, mortgage-backed securities, New York Times, securitization
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LIBERTY ROAD MEDIA 