The Money Crisis

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xg27
Posts: 1111
Joined: Mon Jun 24, 2013 13:39

The Money Crisis

Post by xg27 » Sat Aug 12, 2017 15:51

->http://www.dw.com/en/10-years-on-what-m ... a-40058311

Massive money printing to restart the global economy after the financial crisis has blown an even bigger bubble. Ten years after the last crash, are we due another one and will it be worse?.............
........
Formed in 2010, Positive Money is fighting for reforms to fractional reserve banking - where lenders only have to hold a fraction of the money they lend to cover liabilities - which it says has led to the current weaknesses in the financial system.



Ponzi schemes always turn bad and collapse in the end. That's nothing new under the sun; what is new is that it gets increasingly socially acceptable to name it. To a good measure this is due to the effort made by people who aim to create awareness about it; many of them being fairly wealthy, i.e. some of those rich and super rich who we like to blame for it....

No.
Not 'The Others' are the culprit; it's You and me and The Others.



Surely an honest discussion about a fair and sustainable monetary system is urgently in order but in the long run we have to understand that we cannot cure drug addiction by rectifying the drug's price and quality.



Just how much power has money?

As much as we attribute to it.

JotaPm
Posts: 10
Joined: Wed Nov 08, 2017 1:28

Re: The Money Crisis

Post by JotaPm » Fri Nov 24, 2017 5:08

I share with you that the Ponzi schemes always turn bad and collapse in the end, nowadays there is a great debate in relation to cryptocurrencies since these are not regulated and many countries consider them illegal, so you have to open your eyes wide about what is a good investment and a bad one. Since for a forex trade ideas for today buying bitcoin is a great profit option, but as far as this bubble will continue to grow, nobody knows. The economic crisis continues and investors are still looking for options where to invest.

xg27
Posts: 1111
Joined: Mon Jun 24, 2013 13:39

Re: The Money Crisis

Post by xg27 » Thu Nov 30, 2017 22:42

Is not the very idea of investment or at least the overemphasis of it, the idea of getting ever richer while performing ever less work, at least meaningful work; is this not what requires and promotes and even demands ponzi schemes; all kinds of ponzi schemes?

DanielRichards
Posts: 41
Joined: Tue Feb 20, 2018 18:42

Re: The Money Crisis

Post by DanielRichards » Mon Jul 16, 2018 12:42

Oh, and then this crisis, my eyes are crushed, Why does everyone say about bitcoin currency? . It's like a drug for me. Although I do not like everything, I'm sorry about the money. Although it's not about wealth. Since I can always win this amount in http://www.apnet.com/natcasino . I never think about it.

DanielRichards
Posts: 41
Joined: Tue Feb 20, 2018 18:42

Re: The Money Crisis

Post by DanielRichards » Sun Sep 02, 2018 17:23

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