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TAOGYOW - Riches or Bitches?

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Published on 22 Jul 2020 / In Pets & Animals

It's a choice... One leads to certain ruin and death!

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jimbennett
jimbennett 20 days ago

OUR CREDIT MONEY IS TEMPORARY! Money is added to circulation as people borrow it and removed from circulation as people pay it back.. The banks keep the interest though.. Its small wonder so many people cannot repay their loans.. the interest added to repayment causes much more debt than money.. and they extinguish the principal.. Our govt adds to the national debt every year through deficit spending.. otherwise we'd have no money at all.. and the govt decides who gets what.. as do the banks. It's a tyrannical system. I have lost faith in Trump./.

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jimbennett
jimbennett 20 days ago

They grow our population with immigrants,, they fund it with mortgages, and THEN they remove the money while the people are still here.. That's the truth.. anyone who thinks not is just ignorant and naive.. Everything worked while they were lending.. They cut off the lending and within a couple years we had the collapse of 2008.. then we have roughly 30 years of our money going to banks and part of it getting erased. and incrementally more and more until nearly all of it is getting erased.. That will put a huge drag on the economy between now and 2035..

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jimbennett
jimbennett 20 days ago

WHERE does our money come from? thin air! WHERE does it go back to as you pay it back? THIN AIR!! The banks make money on interest and fees.. It would be nice to know where all that interest is going to from the early parts of mortgages.. and again they just brew up the money for mortgages by federal banks monetizing fannie and freddie bonds.. fannie and freddie as GSE;s, GOVERNMENT SPONSORED ENTERPRISES can create bonds like our treasury does.. of course,, who else could have funded the post 9/11 housing boom? noone.. so,, AS PER AMORTIZATION as the mortgages mature more and more ,, every month every payment,, more and more of the monthly payment becomes PRINCIPAL and less and less becomes interest.. the principal gets erased that means like I said we will be bleeding money for the next 15 years.. as the boom mortgages mature.. the payments will become entirely principal, incrementally between now and then. it is called extinguishment.

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jimbennett
jimbennett 20 days ago

The huge mortgage debt of 2001 - 2008 will cause our money to disappear incrementally more and more.. through 2035. the whole thing was set up.. people could not buy houses while interest rates were super high 1978 - 1991.. while they flooded us with imigrants. .THEN they turned around and loaned to anybody and everybody.. all in a bundle.. 2001 - 2008.. The repayment will cause more and more money to disappear from our economy from now to 2035ish..

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jimbennett
jimbennett 20 days ago

Can the govt add enough money to counter it? I would be happy just to see the truth in the mediia.. for starters..

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Johnny_Cage
Johnny_Cage 13 days ago

Jim, will our country even still hold up together through the 2020's? Seems like the place is disintegrating on all fronts and will slide into civil conflict/war soon here.

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jimbennett
jimbennett 13 days ago

@Johnny_Cage: What is going on has been set up.. it's the catholics behind the deepstate and globalism imo.. They did a generational thing that largely started with the Kennedy assassination.. The people under 65 do not have money like those older.. Things will look alot different in 15 years after the last generations with money are dead.. Alot depends on the govt.. If they would have given the citizens all of the stimulus money at 2000 per month each, while they started mass deportations in earnest.. Things would have looked alot different in January.. People could have worked while collecting the money..The economy would be cooking.. What they did was very stupid.. giving the money to states, businesses , and unemployment benefits..

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BlackPilledBeltMonkkido

We want to push towards a voluntary society and there's very few politicians on both sides that want to do it because most them are parasites but I think like Judy like you said TAOGYOW and Tulsi Gabbard who wants to end the drug war and Andrew Yang all in for it.

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BlackPilledBeltMonkkido

I just picked up some silver yesterday.

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BlackPilledBeltMonkkido

I'm trying to get the red pill in me.

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