What is it truly worth?
5c for printing costs perhaps less?
The money printers are laughing, they print at practically no cost, they lend money that is virtual and they charge massive interest. We are slaves to paper and figures held in computers. What a sad world.
2006-09-08 01:30:05 · 4 answers · asked by Anonymous in Business & Finance ➔ Credit
By money printers I am referring to the International bankers and their TOTAL control of the U.S and worlds "money".
2006-09-08 01:43:50 · update #1
True.
And, let's not forget that our paper money is representative of how much gold we own (in the US).
Wouldn't it be funny if we all took our money to Fort Knox and said, "I would like to cash in now, please." They wouldn't know what to do, because we have more paper than our gold is worth.
2006-09-08 08:21:22 · answer #1 · answered by Christian93 5 · 0⤊ 0⤋
Money Printers, money printers print money, like newpaper printers print newspaper, it's a job...
I think you were referring to banks... but no matter.
What would the alternative be?
Bartering? I'll give you a new pair of shoes if you give me 3 bags of corn? Or, if we were actually personally responsible for our own 'wealth' would we have to carry little bags of gold coins out shopping with us, and when we buy a house - load the car up with coins and drop them off at the sellers house?
2006-09-08 01:36:11 · answer #2 · answered by HP 5 · 1⤊ 0⤋
yeah, essentially. i'm not sure it's the "money printers" that are laughing, though. for most of them, it's just a job. i used to work at a bank. i didn't fan myself with hundred dollar bills all the time.
2006-09-08 01:36:25 · answer #3 · answered by practicalwizard 6 · 1⤊ 0⤋
Study books on the origin of Money. Your view is not wholly correct. It is true for Banana republics and they wreak havoc to the lives of their citizens.
2006-09-08 01:33:49 · answer #4 · answered by Tom Cat 4 · 0⤊ 1⤋