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Negative Interest Rates Are ILLEGAL - Jeff Nielson

- Sprott Money -

thats not what im talking about. im describing basic economics of money. if i have some gold at my house and you want to borrow some of it to use as a down-payment on a car i might lend you some amount to do that, at interest. i am betting that you will repay me. if you dont,i lose. so the gold i lend to you has the inherent value of my labor and or possibly the risk i took to acquire it. ps. money to be Money is all, as you state "commodity money". fiat money like a menance slimes upon the rememberd commodity moneys value until it is revealed that all one has is paper and zink. delusion over.

Commented 2800 days ago

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Beginning of the headline :We used to live in societies which observed the Rule of Law. Among the many great ironies and perversities of our social/legal devolution is this. Many of our fundamental principles of law (and justice) were such an integral part of our lives that they were taken for granted, and thus rarely discussed in explicit terms. Now, in the Corrupt West, many of these same principles of law/justice have been forgotten – seemingly erased by our lawless governments. One of these elementary principles of... Read More

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