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    Thread: E + ? = (E x 1.01)

    1. #1
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      E + ? = (E x 1.01)

      Ever wondered what "money" actually is? Where it comes from and how it all started?

      Wonder no more. They don't teach this in schools. Prepare to be sick:

      Money As Debt

    2. #2
      Terminally Out of Phase Descensus's Avatar
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      Gee, I wonder how this will go.

      Got a TL;DR?
      The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended. - Frédéric Bastiat
      I try to deny myself any illusions or delusions, and I think that this perhaps entitles me to try and deny the same to others, at least as long as they refuse to keep their fantasies to themselves. - Christopher Hitchens
      Formerly known as BLUELINE976

    3. #3
      D.V. Editor-in-Chief Original Poster's Avatar
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      Let me guess, the banks loan the government its money at interest so all the money our government uses is owed to the Federal Bank, amirite?

      I'll still watch the video though, I like videos about how we're all slaves to the bankers

      Everything works out in the end, sometimes even badly.


    4. #4
      Xei
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      0.01E.
      caps
      StonedApe likes this.

    5. #5
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      Quote Originally Posted by Omnis Dei View Post
      Let me guess, the banks loan the government its money at interest so all the money our government uses is owed to the Federal Bank, amirite?
      No you're not. The (insert any name) Bank doesn't have any "money" and never did, ever. "Money" doesn't exist and never did. Watch the film and it will quickly explain.

      The mathematical formula on which the whole system is based is unsolvable. Loan + Interest can never be paid back, ever. The debt just gets passed around.

      Watch the film to see how it all started.

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      Quote Originally Posted by Xei View Post
      0.01E.
      In reply to your wrong answer, I shall paraphrase the words of the intellectual giant known as "Xei":

      "In order to communicate, both parties must first agree on the definitions of the words/symbols used in said communication."

      Watch the film. You'll see the maths quite early on. You may not understand it , though.. but I'm here to explain if you have any difficulties.

    7. #7
      Lucid Shaman mcwillis's Avatar
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      I watched this a few years ago. I remember trying to open a bank account many years ago and leaving the teller lost for words when I said, 'I want to open an account and I need to know how much I am going to have to pay the bank to look after my money. By the way, I also want to be assured that I won't be paid any interest for holding an account with this bank as I don't want to have my money involved at all in the banks unscrupulous methods of profiteering'.

      Please click on the links below, more techniques under investigation to come soon...


    8. #8
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      Quote Originally Posted by Oneiro View Post
      No you're not. The (insert any name) Bank doesn't have any "money" and never did, ever. "Money" doesn't exist and never did. Watch the film and it will quickly explain.

      The mathematical formula on which the whole system is based is unsolvable. Loan + Interest can never be paid back, ever. The debt just gets passed around.

      Watch the film to see how it all started.
      I did watch the video, actually. It's good. I simply presume people bitching about debt slavery are going to focus on the federal reserve more than fractional reserve banking. Too many conspiracy videos.

      So what is your ideal solution to it?
      Last edited by Omnis Dei; 06-20-2012 at 11:58 AM.

      Everything works out in the end, sometimes even badly.


    9. #9
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      Quote Originally Posted by Omnis Dei View Post
      So what is your ideal solution to it?
      I don't understand the question. "Ideal" for whom? The poor? The rich? The inbetweeners? Landlords? The Monarchy? The Church? The flora and fauna? The planet?

      You? Me?

      *trick question*

      You don't by any chance work for a bank, do you?
      Last edited by Oneiro; 06-20-2012 at 01:09 PM.

    10. #10
      Xei
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      Quote Originally Posted by Oneiro View Post
      In reply to your wrong answer, I shall paraphrase the words of the intellectual giant known as "Xei":

      "In order to communicate, both parties must first agree on the definitions of the words/symbols used in said communication."

      Watch the film. You'll see the maths quite early on. You may not understand it , though.. but I'm here to explain if you have any difficulties.


      If you don't know how to use basic equations, please don't write any.
      PhilosopherStoned likes this.

    11. #11
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      Quote Originally Posted by Xei View Post
      Paraphrase: "In order to communicate, both parties must first agree on the definitions of the words/symbols used in said communication."
      Quote Originally Posted by Xei View Post
      If you don't know how to use basic equations, please don't write any.
      If you ever realise that you need help in understanding something, you only have to swallow your pride and ask.
      greenhavoc likes this.

    12. #12
      Rational Spiritualist DrunkenArse's Avatar
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      That's one of my all time favorite XKCDs.
      Previously PhilosopherStoned

    13. #13
      Xei
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      Quote Originally Posted by Oneiro View Post
      If you ever realise that you need help in understanding something, you only have to swallow your pride and ask.
      You don't seem to have any desire to communicate anything though. You've apparently used a human language (mathematics) in a way that no other human has ever done so, with no attempt at explanation, and then acted with ridiculous condescension when I used that language like every other person has ever used it. Are you sure the esoteric knowledge within the YouTube video hasn't made you a little contemptuous of the sheeple who remain ignorant?

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      Quote Originally Posted by Oneiro View Post
      If you ever realise that you need help in understanding something, you only have to swallow your pride and ask.
      i'll take this point to heart, personally.

    15. #15
      Terminally Out of Phase Descensus's Avatar
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      Still looking for a TL;DR.
      The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended. - Frédéric Bastiat
      I try to deny myself any illusions or delusions, and I think that this perhaps entitles me to try and deny the same to others, at least as long as they refuse to keep their fantasies to themselves. - Christopher Hitchens
      Formerly known as BLUELINE976

    16. #16
      Xei
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      Quote Originally Posted by Oneiro View Post
      Oh dear. I've offended you. I'm so sorry. It's just that the boys and girls at the back can't hear, because the ones at the front are making so much noise, filling up empty space with reams of verbage, as they do, jockeying for position in the ME! ME! respect ME! 'like' button stakes. You've surely noticed what I mean, haven't you? It's alright dear, they can't really help it, you know. It's the hormones, you see. They kick in at about your age, and then all hell breaks loose! But don't worry dear. I mean, you're very nearly a man! Then it'll be different. You can hang out around the playground and the younger kids will dote on your every word! They'll even look up to you, yes really! I'd avoid the smart ones though. They can be cruel, you know? Disrespecting those who have so so much to say... and elbowing them out of the way as they see through all that pseudo-intellectual posing that such people do.

      Anyway.. I have to go out for 2 minutes, dear. Will you be alright on your own? Why don't you try writing something, dear? That'll fill up your spacetime. Oh! Ha! I think that was a joke! Oh dear. Sorry dear.

      Oh yes.. and if you need any help with your homework, I'm sure that others will turn up to help you. Have you ever tried that new Social Netposturing thingy? It's all the rage, you know. You might get some help there? Yes, education can be tough dear, but it's worth it.
      I really didn't mean to upset you so much; I only asked for an earnest attempt at clarification. It's just that, as they stand, and interpreted according to the English language as it is generally understood, your statements, i.e. that interest on loans can never be paid back, because E + x = 1.01E is an "unsolvable mathematical formula", are nonsense.

    17. #17
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      Quote Originally Posted by Xei View Post
      I really didn't mean to upset you so much; I only asked for an earnest attempt at clarification. It's just that, as they stand, and interpreted according to the English language as it is generally understood, your statements, i.e. that interest on loans can never be paid back, because E + x = 1.01E is an "unsolvable mathematical formula", are nonsense.
      I'm not upset at all dear! And there was me thinking it was you! Silly me!

      And thank you for your explanation.

      But I'm thick, dear. What does "E" represent?

      And did you get that from the video?

      Quote Originally Posted by Xei View Post
      i.e. that interest on loans can never be paid back, because E + x = 1.01E is an "unsolvable mathematical formula", are nonsense.
      Oh. Suitably admonished am I. I never knew that.

      Ummmm.. would you like to borrow some money?

    18. #18
      D.V. Editor-in-Chief Original Poster's Avatar
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      Quote Originally Posted by BLUELINE976 View Post
      Still looking for a TL;DR.
      And now a poem

      Quote Originally Posted by Bob Dylan
      stay in line. stay in step. people
      are afraid of someone who is not
      in step with them. it makes them
      look foolish t' themselves for
      being in step. it might even
      cross their minds that they themselves
      are in the wrong step. do not run
      nor cross the red line. if you go
      too far out in any direction, they
      will lose sight of you. they'll feel
      threatened. thinking that they are
      not a part of something that they
      saw go past them, they'll feel
      something's going on up there that
      they don't know about. revenge
      will set in. they will start thinking
      of how t' get rid of you. act
      mannerly towards them. if you don't,
      they will take it personal. as you
      come directly in contact face t' face
      do not make it a secret of how
      much you need them. if they sense
      that you have no need for them,
      the first thing they will do is
      try t' make you need them. if
      this doesn't work, they will tell
      you of how much they don't need
      you. if you do not show any sadness
      at a remark such as this, they
      will immediately tell other people
      of how much they don't need you.
      your name will begin t' come up
      in circles where people gather
      to tell about all the people they
      don't need. you will begin t' get
      famous this way. this, though, will
      only get the people who you don't need
      in the first place
      all the more madder.
      you will become
      a whole topic of conversation.
      needless t' say, these people
      who don't need you will start
      hating themselves for needing t' talk
      about you. then you yourself will
      start hating yourself for causing so
      much hate. as you can see, it will
      all end in one great gunburst.
      never trust a cop in a raincoat.
      when asked t' define yourself exactly,
      say you are an exact mathematician.
      do not say or do anything that
      he who standing in front of you
      watching cannot understand, he will
      feel you know something he
      doesn't. he will react with blinding
      speed and write your name down.
      talk on his terms. if his terms
      are old-fashioned an' you've
      passed that stage all the more easier
      t' get back there. say what he
      can understand clearly. say it simple
      t' keep your tongue out of your
      cheek. after he hears you, he can
      label you good or bad. anyone will
      do. t' some people, there is only
      good an' bad. in any case, it will
      make him feel somewhat important.
      it is better t' stay away from
      these people. be careful of
      enthusiasm...it is all temporary
      an' don't let it sway you. when asked
      if you go t' church, always answer
      yes, never look at your shoes. when
      asked you you think of gene autry
      singing of hard rains gonna fall say
      that nobody can sing it as good as
      peter, paul and mary. at the mention
      of the president's name, eat a pint of
      yogurt an' go t' sleep early...when
      asked if you're a communist, sing
      america the beautiful in an
      italian accent. beat up nearest
      street cleaner. if by any
      chance you're caught naked in a
      parked car, quick turn the radio on
      full blast an' pretend
      that you're driving. never leave
      the house without a jar of peanut
      butter. do not wear
      matched socks. when asked to do 100
      pushups always smoke a pound
      of deodorant beforehand.
      when asked if you're a capitalist, rip
      open your shirt, sing buddy can
      you spare a dime with your
      right foot forward an' proceed t'
      chew up a dollar bill.
      do not sign any dotted line. do not
      fall in trap of criticizing people
      who do nothing else but criticize.
      do Not create anything. it will be
      misinterpreted. it will not change.
      it will follow you the
      rest of your life. when asked what you
      do for a living say you laugh for
      a living. be suspicious of people
      who say that if you are not nice
      t' them, they will commit suicide.
      when asked if you care about
      the world's problems, look deeply
      into the eyes of he that asks
      you, he will not ask you again. when
      asked if you've spent time in jail,
      announce proudly that some of your
      best friends've asked you that.
      beware of bathroom walls that've not
      been written on. when told t' look at
      yourself...never look. when asked
      t' give your real name...never give it.
      PhilosopherStoned likes this.

      Everything works out in the end, sometimes even badly.


    19. #19
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      I think the answer lie back when money was the equator of gold.
      In the past for every banknote circulated the equal amount of gold was in the bank.
      A process in which money wasn't based in a bubble and economy had a true face.
      Now what people seem to miss is when that process stopped inflation started in every economy in the world which means that every economy in the world is getting through degradation as money don't represent the actual value of the labour and economic force.
      After that the gap beetween classes became huge as when gold was equivalent of currency It wasn't possible for a man or an organization to hold tremendous amount of wealth.
      Now the end of capitalism starts when this system starts eating itself thing that originaly started back at 1974.

      This is why you see propably or these media propaganda for 2012 and global warming ect.
      Is the effort to disorient human maze from the simple truth that when this system collapses economy is going to be reset.
      And every man in the top of the pyramid gonna have to start all over again.
      This is why you see a ressesion that started from the private sector transfered into nations.

      And the first nation that is going to return the property of the banks to the public is going to get out of it.

    20. #20
      Legend Jeff777's Avatar
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      The OP is being rude to Xei, - without merit to boot. That's gotta be a first.

      The only thing I'm interested in understanding is why the OP seems so guarded and on the offensive to non-threatening posts?
      Things are not as they seem

    21. #21
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      I didn't watch the whole video becuase its so incredibly idiotic. There is actually no problem at all. Constantly new money is made, old debts are just scratched, Debts are circulated. Thats how the money system has always worked and it doesn't take a genius to realize that.
      Btw its very immature to carry a discussion on to another thread.

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