No inflation created. Re-read my post, excedentary money would be destructed every year.
You said Hungary has a marxist government. This would be a real good joke here in Hungary...
Usury means interest not justified by any counterpart from the money lender. A public Central Bank would charge only the interest corresponding to its functioning costs. A non-usurary private bank would charge interest corresponding to a reasonable profit, reasonable meaning not higher than the current profit of a private enterprise of the real economy.
You create inflation when you issue money against neither goods nor services produced.
Usury means interest, any interest, 0.5% 8%.
The joke is on them, because their government is following a line known as marxism, no matter what name they choose for themselves season after season. Of course, the joke is on us, too, because our governments are doing the same. I lived under Trudeau (openly marxist), Mulroney(conservative), Chretien(liberal), and they all were the same. Bigger and bigger government, more and more taxes, more and more regulations. All three of them were internationalist, all three of them were in favour and promoted socialist programs. All three of them darkened the doors of churches, but what god they believed in, I wonder.
How many and what type of socialist services are there in Hungary ? Is this present, allegedly non-marxist, ultra-liberal government opposed to internationalism (EU) ? Is it a proponent of nation state ?
Is the United States of Europe not socialist ? not internationalist ?
Didn't comrade Marx tell us that socialisms will be realized first in the most advanced capitalist countries, then the socialist state will wither and give its place and power to a (communist) world government ?
Forgive me, but that is exactly what I see happening in front of my eyes. Just because, after 40 years of leninism, they still don't know what marxism is, it still is marxism.
>>1. On behalf of the government, the public Central Bank is printing as much money as necessary for :
- the annual public budget;
- the private economy investments.
What would this budget include ? Expenses of any government (the true cost of government, not every kind of re-distribution programs) must be paid by some form of tax. You can't just print up money to pay for the legislature, law enforcement, garbage removal, sewage and water.
The Bank of Canada is 100% publicly owned -- so is the National Bank of Hungary; but it makes no difference. Both of these countries has an irresponsible, marxist government which spends other people's confiscated earnings like drunken sailors. And both of these governments allows money changers to issue their own paper based on 5% (government bond) fractional reserve. The whole entire leninist eastern block had publicly owned central banks, but they had irresponsible and incompetent leaders so the people did not benefited from their banks and paper money.
The government should own the central bank (like the State of Nevada has, or some Canadian provinces used to have, or some people wanted the US Treasury to be), but you need responsible and competent management to run it, not spend-thrift politicians.
_________
If you lend/borrow money into circulation and existence (even if from a government bank) you always have the problem of having to pay back 105 for 100, when there is only 100 in existence. Paper money has to be spent into circulation against useful projects. Just as, first work is expanded to get gold, silver, or copper.
_____________________
>>corrupt democracy
Democracy (mob-rule) is a corrupt idea to begin with, invented and brought to you by the private bankers, in ancient Athens as in our days. If you rob Peter to give some to Paul and pay yourself handsomely, you will always have the vote of Paul, and Peter is out of luck and never has a chance to free himself from this yoke because he is always out-voted.
_________________________________
Timothy Leary, the great admirerer of Alister Crowly ?! Now, there is somebody to look up to if you are opposed to the new world order.
NOPE! I caught your B.S. A Government Central Peoples Bank is what is NECESSARY! A bank controlled by,and for the people who CHOOSE to put their assets in said BANKS is common sense.
The reality of the World's problems is in the PEOPLES stupidity of managing MONEY (MY SELF INCLUDED) think about what POWER the people can have just realizing that their MONEY IS THEYR"ES to do what is best for them!
The Federal Reserve is a PRIVATE INSTITUTION! So fucken what! People have to BYPASS that shit, only knowledge can overcome the Zionist shitheads! this will never be Achieved. 8-)
I Forgot!
P.S. All the Jackasses who are "Investing" in Gold are just that, If, of course you really follow scripture, NO one shall buy and sell without the MARK! 8-)
Therefore, the Con Artist who promote that Gold and Silver are UNIVERSAL are full of SHIT!
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Why is it so hard to find any information about this site? Who started it. Why? Who is using this information? If I remember correctly this site is run by Cornell University which is funded by the NWO....keeping track of what we think??? Doesn't anyone wonder...has this been discussed.
>>1. On behalf of the government, the public Central Bank is printing as much money as necessary for :
- the annual public budget;
- the private economy investments.
What would this budget include ? Expenses of any government (the true cost of government, not every kind of re-distribution programs) must be paid by some form of tax. You can't just print up money to pay for the legislature, law enforcement, garbage removal, sewage and water.
The Bank of Canada is 100% publicly owned -- so is the National Bank of Hungary; but it makes no difference. Both of these countries has an irresponsible, marxist government which spends other people's confiscated earnings like drunken sailors. And both of these governments allows money changers to issue their own paper based on 5% (government bond) fractional reserve. The whole entire leninist eastern block had publicly owned central banks, but they had irresponsible and incompetent leaders so the people did not benefited from their banks and paper money.
The government should own the central bank (like the State of Nevada has, or some Canadian provinces used to have, or some people wanted the US Treasury to be), but you need responsible and competent management to run it, not spend-thrift politicians.
I'm with Bill Still and "The Money Masters".
With so much INSTANT information at the fingertips of economists it would be an EASY task to release EXACTLY the right amount of "fiat currency" to oil the cogs of the economic machine. There would be NO inflation due to EXACTLY the right amount of money following the production of goods and services.
I want this in the hands of politions. We can vote them out. NO power to print money should be in the hands of private banking. In fact all bankers should be hung.
__________________ [size=medium]\"The Office\" is the greatest comedy...ever. [/size]