Tag Archives: banks

This can’t be repeated often enough:

Posted on 2016-09-15 by fdominicus

http://www.zerohedge.com/news/2016-09-14/not-everyone-went-down-titanic That’s the fact: Once a deposit is made at the bank, it’s no longer your property. It’s the bank’s. What you own instead is a promise from the bank to repay. It’s an unsecured liability. That’s a very different … Continue reading →

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No suprises

Posted on 2013-08-13 by fdominicus

for anyone who knows simple truths and is not working for/in government or parties. Hindering free trade does not work. It had not worked in the past, it does not work in the present and it won’t work in the … Continue reading →

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Freedom is just a few nos away

Posted on 2013-05-28 by fdominicus

Well you have to use the ‘no’ at proper places. You want a new credit for whatever you like to consume. Just say no. I do not need that. The bank promises you a 100 % increase in whatever you … Continue reading →

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von Mises run

Posted on 2012-06-11 by fdominicus

well yes there are no good news. There are currently just bad and worse news. Now it’s the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts … Continue reading →

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Our banking systems are broken beyond fubar

Posted on 2012-03-06 by fdominicus

Well the longer the crises lasts, the more obvious it gets. Our banking-system is a sham. It allows banks to generate money out of nothing and even worse it allows defraud on the banking customers. You don’t believe me. Well … Continue reading →

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Black mailing

Posted on 2011-07-20 by fdominicus

Greece finance minister warns, if the EU let Greece down. Guess what Greece alone has 330 billion of debt. and if they fail the end will come. Well hell one might think “Finally” All EU countries have debts beyond imagination … Continue reading →

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At leat some good news

Posted on 2011-06-20 by fdominicus

English banks reduce their exposer to EU risks: http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html 1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such Greeks history is near record breaking for defaulting. Just read “This time is different” and you’ll see I’m … Continue reading →

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Requirements to be a Deledef (real word for Politicians)?

Posted on 2011-06-08 by fdominicus

Really I’m wondering. Is it a requirement for being a Politician to fight markets as much as one possible can (and loose always in the long run?) Can anyone tell me what were the results of the first failout plans … Continue reading →

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I think I got it

Posted on 2010-12-02 by fdominicus

well you can call me arrogant but I think I found the biggest political mistakes (well I’d name them criminal offenses) which have lead to our current misery 1) fractional reserve system. I think there can be no discussion about … Continue reading →

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