9 February, 2009

Jewish Economics Turn Ireland Sour

Posted by Socrates in bankers, banking, economics, economy, Ireland, Jewish banking, money, Socrates at 11:57 pm | Permanent Link

Maybe Ireland should try honest, safe, White banking instead of the usual, Jewish money-voodoo, e.g., fractional reserve banking (which causes inflation), endless loans/borrowing, endless credit, high interest rates and “checkbook banking” where no cash is ever exchanged:

[Article].


  • 4 Responses to “Jewish Economics Turn Ireland Sour”

    1. Old_Dutch Says:

      This story about Ireland has nothing to do with “fractional reserve banking”. LOL. It does have to do with poor choices, and a lack of standards in making real estate loans. Could it be that the Irish can’t resist being tempted by the international jew to lower their loan standards? LOL.

      Has anyone noticed that all of these “Irish” blowhard labor union politicians couldn’t get a “buy American Provision” in the stimulus bill, nor could they get a simple “e-verification” of social security numbers put in the bill. I know you don’t care if Lopez Garcia Mendoza uses your id to charge stuff at Sol’s Gold & Silver exchange. LOL.

    2. Z.O.G. Says:

      Socrates,

      Don’t forget about the REAL problems with the modern Jewish money and banking system.

      1. All money is created by private for-profit corporations known as “commercial banks” through a government granted monopoly right.

      2. All money in existence is created through a debt, i.e. all money is loaned into existence.

      3. All money in existence has interest(usury) attached to it, which means that new loans must be continually originated(= new money created) by the banking system in order for there to be enough money in circulation to service the interest on all the previous loans that were originated(= money that was previously created). The reason for this is because when banks make loans(= create money), they only create the money for the principal portion of the loan, but they do not create the money for the interest portion of the loan. Therefore the money necessary to service the interest on the loan does not exist.

      Socrates, take note that all the negative aspects of the modern Jewish money and banking system that you mentioned are a DIRECT result and consequence of number 3.

      …(which causes inflation), endless loans/borrowing, endless credit…

    3. Zarathustra Says:

      3:35 AM, EST. ZZZZZZZZ………………Is the economics sermon over yet?

      If you don’t think the money in your pocket is “real” enough, then you can give it to me. Rest assured, I’ll find some real use for it. And you always forget to consider the psychological component to the value of money.

    4. Z.O.G. Says:

      I’m not sure what your argument is or even what you’re trying to say. What is your point? You don’t have one. ;-)