Forum Post: thin air
Posted 12 years ago on Oct. 11, 2011, 5:21 p.m. EST by Keepitsimple
(110)
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Can anyone explain this:
If the FED and Wall Street create money out of thin air for a new mortgage, why are the banks in deep trouble with mortgage defaults?
If we create too much money, there's inflation.
Yes, helicopter Ben is throwing money around like a circus monkey to his friends. But from what I understand the FED prints it without backing. What about my original question?
The shiit that goes on that we don't know about? Makes you wonder?
It takes two to screw us! Politicians to hold us down, so then the Corporations can do the screwing!!! Politicians need better rules to follow to prevent lobbying! We tax payers should fund important elections, so the best person wins and not the one with the most money!!! The movement needs at least these demands!!!!!!!!!!! Pass The Word!!! Lets Get It Together!!!
I agree about the politicians and corporations but if money is created out of thin air, it may mean it could dissolve back to nothing. Mortgage holders may actually owe nothing it it was nothing to begin with.