Comments by "antonyjh1234" (@antonyjh1234) on "Richard J Murphy"
channel.
-
1
-
1
-
1
-
1
-
1
-
1
-
Rich people can get into debt a lot easier because they have other assets, money is inputted into the system through loans that they can get any time they want, yes there might be a trickle down with the things they buy but mostly they buy assets which make money, like a business or property, that we are paying rent to. As more money ( debt) enters the system, then prices for these assets are an indication of the amount of debt that has gone through the property. All money in the world is based on debt and the prices for property, that money does not actually exist, as all money is debt, as soon as the loan is taken out and paid off that money does not exist.
Then what can happen is a place might have a fire, it might be a windy day, 8 or 9 fires might somehow start at the same time in different places, the state insurance company will cancel fire insurance a few months before, the reservoir that has had funding for ten years remains undone and unfilled even though last year was the wettest and they would all be full. Then during a drought and major warnings from all fire departments the mayor will go away on a goodwill trip to Ghana, after donating all spare fire equipment to Ukraine. Along with that the Governor will be trying to make the place multi density for high-rises but of course was getting a lot of pushback considering the area and the neighbours, then what can happen is the banks or Blackrock because that's what has happened in Hawaii after the fires, will either repossess or give a low ball offer and because a company like Blackrock, the 1% rich people, they can then get loans for more debt, which we peasants call money.
Rich people do not hoard or store money depriving us, because they know it is debt and debt always has an interest rate applied so it must be working for you or it devalues
1
-
Money is debt you have to understand where it originates 1st, rich people can get into debt a lot easier because they have other assets, money is inputted into the system through loans that they can get any time they want, yes there might be a trickle down with the things they buy but mostly they buy assets which make money, like a business or property, that we are paying rent to. As more money ( debt) enters the system, then prices for these assets are an indication of the amount of debt that has gone through the property. All money in the world is based on debt and the prices for property, that money does not actually exist, as all money is debt, as soon as the loan is taken out and paid off that money does not exist. Then what can happen is a place might have a fire, it might be a windy day, 8 or 9 fires might somehow start at the same time in different places, the state insurance company will cancel fire insurance a few months before, the reservoir that has had funding for ten years remains undone and unfilled even though last year was the wettest and they would all be full. Then during a drought and major warnings from all fire departments the mayor will go away on a goodwill trip to Ghana, after donating all spare fire equipment to Ukraine. Along with that the Governor will be trying to make the place multi density for high-rises but of course was getting a lot of pushback considering the area and the neighbours, then what can happen is the banks or Blackrock because that's what has happened in Hawaii after the fires, will either repossess or give a low ball offer and because a company like Blackrock, the 1% rich people, they can then get loans for more debt, which we peasants call money. Rich people do not hoard or store money depriving us, because they know it is debt and debt always has an interest rate applied so it must be working for you or it devalues.
1
-
Money is debt, rich people can get into debt a lot easier because they have other assets, money is inputted into the system through loans that they can get any time they want, yes there might be a trickle down with the things they buy but mostly they buy assets which make money, like a business or property, that we are paying rent to. As more money ( debt) enters the system, then prices for these assets are an indication of the amount of debt that has gone through the property. All money in the world is based on debt and the prices for property, that money does not actually exist, as all money is debt, as soon as the loan is taken out and paid off that money does not exist. Then what can happen is a place might have a fire, it might be a windy day, 8 or 9 fires might somehow start at the same time in different places, the state insurance company will cancel fire insurance a few months before, the reservoir that has had funding for ten years remains undone and unfilled even though last year was the wettest and they would all be full. Then during a drought and major warnings from all fire departments the mayor will go away on a goodwill trip to Ghana, after donating all spare fire equipment to Ukraine. Along with that the Governor will be trying to make the place multi density for high-rises but of course was getting a lot of pushback considering the area and the neighbours, then what can happen is the banks or Blackrock because that's what has happened in Hawaii after the fires, will either repossess or give a low ball offer and because a company like Blackrock, the 1% rich people, they can then get loans for more debt, which we peasants call money. Rich people do not hoard or store money depriving us, because they know it is debt and debt always has an interest rate applied so it must be working for you or it devalues.
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
@maplin007 It is easier to keep it simple and call it what it is, debt. We use debt as a means of exchange, yes, as you say it has value because of this reason but that is the debt based system that people were born into, that what the debt is based on can pay off the loan.
In the govt's case they can never run out of money because they have their own banks, so if they wanted to they could get their grass cut by people with nail clippers and pay them 200 dollars an hour, this of course would raise inflation or at the very least a guild of nail clipper grass cutters. Yes the point is to take as much of your time through having to earn this debt to get food etc, and because everything is relative, paying some people too much for too long, or all the profits of our efforts going to 1%, who don't care for us, has problems.
Now imagine all money in the world is bank debt, losing value every second because they input more debt, as money is a product.
1
-
1
-
@maplin007 The 1% have the most debt flow through them because of our actions, sure they accumulate more of it but it is all ultimately our actions that provide these things AND we are forced into this system from an early age, as soon as we enter the schooling system controlled by them, as you say your time is taken because of this system, based on growth, that has basically finished. The only reason to be happy is if the system of continual debt, and govt debt is taken out by taxes so high govt spending high taxes, is that those people who think their 250k job or multi million property will still keep its value, will have further to fall.
As long as you understand debt or rather other people's debt, is what we call money, the 1% holding all our debt and us working for them for no goal, no betterment of society, is turning out to not be in our best interests.
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
@richardharvey1732 Epicentre or epidemic?
We don't need to control money, we need to control the system humans live in. Money could be done away with, should be done away with and we all have a carbon value we can spend per day. Most people of course have to stop working and we go to a rolling public service jobs for each person in their life but controlling the human system is easy, if given the chance.
We have spent our lives paying off debt thinking it had value, electricity in the UK is 15.68% of total energy used and renewables are around 2% of total energy, point being unless we stop working and thinking money can be exchanged for unlimited energy, the whole thing is done.
Of course, it would mean a policy of less jobs, that shouldn't be a hard sell, tell 90% of the world they will get food, shelter and medical care for free but you have to stop working and live a low impact life and it would be a step up, would people vote for a policy of less jobs and a complete reset though?
PS : Even an energy value would work, people get all these for free, do not work except five or however many tears each person has to be in the three trades. they get an energy value that could mean the same products are still sold, fly to the moon, 200,000 credits better save up if you only get given 2000 a month.
1