try and have no debt asap or sell asap, page-14

  1. 11,875 Posts.
    "all that free money being printed world wide.....is not going into circulation.....its there to repay huge losses...to bolster the balance sheets...nothing more....
    to make the banks, eg; Greece as a country...Balance Sheet look good...it will not be paying wages,,,and so circulate...back into the community...it will sit there, looking pretty...but still worthless....

    comprehend ?
    I will be interested in feedback, responses"
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    What feedback are you looking for kincella?

    That you dont understand even the most basic inner workings of government?

    The government is largely composed of government workers. If the government prints up some extra money and gives it to those workers in the forms of generous salaries, it then goes into circulation in the wider economy which can cause inflation. The government may borrow money to finance all sorts of things, but just about everything they buy has a significant labour component.. including manufactured goods. Bolstering balance sheets, frees up capital to pay people.

    You are begining to sound like my brother, up to his eyeballs in debt and "always broke cant pay for anything" but fails to acknowledge the significant redraw facility he has on his mortgage account that is way ahead on payments






 
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