Jim Grant on CNBC "your money is not really yours if its in a western bank"

[Large Sarge]

http://www.youtube.com/watch?v=1nPyQIWvUMU&feature=player_embedded

[mamboni]

Good interview, but Maria Buttaroma smells bad.

[Ponce]

As usual......."If you don't etc etc etc"

V

[mamboni]

As usual......."If you don't etc etc etc"

V

What? What? If you don't hold her butt, you don't pwn it?

[osoab]

What? What? If you don't hold her butt, you don't pwn it?

I thought it was if you don't take Maria up in a plane, you ain't getting any.

[Twisted Titan]

Your money is not yours if its in ANY bank.


Fixxed it for him.

[Ponce]

"The real value of paper money is what you get for it and not the paper money itself"... Ponce

Going to the big city tomorrow and spend more of what I have before it is worth NOTHING, I feel that the time is almost here, in many ways, and it is time for a final buy out.

V

[mamboni]

"The real value of paper money is what you get for it and not the paper money itself"... Ponce

Going to the big city tomorrow and spend more of what I have before it is worth NOTHING, I feel that the time is almost here, in many ways, and it is time for a final buy out.

V

Viagra pills will carry a large premium after TSHTF.

[mick silver]

yep , i am going to town also to tomorrow . we talk about this last night an thought it maybe time to add to what we may need . if we dont need it today , we will still have it for tomorrow

[Carl]

Your money is not yours if its in ANY bank.


Fixxed it for him.
There is no "money" in any bank account of any type anyway, so saying "you have money in the bank" is void on its face.

[Spectrism]

There is no "money" in any bank account of any type anyway, so saying "you have money in the bank" is void on its face.

That is a funny and scary truth.

Driving today, I heard a radio commercial for Webster Bank- in Worcestor MA. Their tag line was: We have money and want to lend it to you.

I chuckled thinking about how they have no money and consider a signed payment agreement to be their assets which they supposedly just lent out less the interest payments. What a wonderful scheme for a banker.

BTW- anyone want to borrow any Spectrism bucks? I have plenty and I am willing to lend them to anyone who has collateral.

[osoab]

That is a funny and scary truth.

Driving today, I heard a radio commercial for Webster Bank- in Worcestor MA. Their tag line was: We have money and want to lend it to you.

I chuckled thinking about how they have no money and consider a signed payment agreement to be their assets which they supposedly just lent out less the interest payments. What a wonderful scheme for a banker.

BTW- anyone want to borrow any Spectrism bucks? I have plenty and I am willing to lend them to anyone who has collateral.

Where do I get these Spectrism bucks? Are they colorful?

[Spectrism]

Where do I get these Spectrism bucks? Are they colorful?

You have to fill out an application contract. They are very colorful and look really valuable. You can't buy anything with them unless you can fool someone else into taking them for real goods. Since you have to pay me back more than you borrow, you will need to borrow more to keep the payments coming in. Or.... you can just pay off the interest in gold or silver. Since the bucks are essentially worthless, why don't we just skip all the steps in between and you can send me a few silver coins? Gold-pressed latnum will work too.