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Položky označené s: banking

Just 8 men own same wealth as half the world.



https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8-men-own-same-wealth-half-world

It's like most people don't think about the consequences when they use Microsoft Windows and Apple products, when they go to Walmart, when they don't boycott companies that lack social responsibility, when they vote for corrupt politicians, etc.

Of course we also have to take into account:
· The financial/banking system (based on debt slavery, compound interests, etc).
· Patents (that is, monopolies granted by the state so corporate predators can hijack technologies that otherwise could be used to produce new cheaper products, medicines... all over the world).
· Tax havens and loopholes.
· Corporate welfare.
· Corruption, insider trading, etc.

#wealth #inequality #economy #poverty #financial #banks #banking #debt #technology #open-source #OpenSource #freesw #FOSS #Microsoft #Apple #iphone #tax-havens #corporations #corporate #momopoly #patent #patents #copyright #medicine #healthcare #consumerism #corruption #insider-trading #oxfam

Just 8 men own same wealth as half the world | Oxfam International

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.
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skanda42 před 3 let

Just 8 men own same wealth as half the world.



https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8-men-own-same-wealth-half-world

It's like most people don't think about the consequences when they use Microsoft Windows and Apple products, when they go to Walmart, when they don't boycott companies that lack social responsibility, when they vote for corrupt politicians, etc.

Of course we also have to take into account:
· The financial/banking system (based on debt slavery, compound interests, etc).
· Patents (that is, monopolies granted by the state so corporate predators can hijack technologies that otherwise could be used to produce new cheaper products, medicines... all over the world).
· Tax havens and loopholes.
· Corporate welfare.
· Corruption, insider trading, etc.

#wealth #inequality #economy #poverty #financial #banks #banking #debt #technology #open-source #OpenSource #freesw #FOSS #Microsoft #Apple #iphone #tax-havens #corporations #corporate #momopoly #patent #patents #copyright #medicine #healthcare #consumerism #corruption #insider-trading #oxfam

Just 8 men own same wealth as half the world | Oxfam International

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.
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Icavot před 3 let
“Financial Lockdown … ATMs Went Dry”: 3 Police States #Banning #Cash to Control the People "Is it any coincidence that the financial crises, and the subsequent restrictions, follow the general chaos and upheaval that surround hotspots and conflict zones?

The European Union has once again been confronted with a major terror attack, and is coming down harsh on cash, gold and other valuables as a response. Due to its supposed connection to financing terrorism, cash and gold are being closely monitored and seized as it flows into the EU." http://www.activistpost.com/2016/12/financial-lockdown-atms-went-dry-3-police-states-banning-cash-control-people.html #Banking #CashlessAgenda #EconomicCollapse #Control #ATMs #BanningCashhttp://www.activistpost.com/2016/12/financial-lockdown-atms-went-dry-3-police-states-banning-cash-control-people.html
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skanda42 před 3 let
“Financial Lockdown … ATMs Went Dry”: 3 Police States #Banning #Cash to Control the People "Is it any coincidence that the financial crises, and the subsequent restrictions, follow the general chaos and upheaval that surround hotspots and conflict zones?

The European Union has once again been confronted with a major terror attack, and is coming down harsh on cash, gold and other valuables as a response. Due to its supposed connection to financing terrorism, cash and gold are being closely monitored and seized as it flows into the EU." http://www.activistpost.com/2016/12/financial-lockdown-atms-went-dry-3-police-states-banning-cash-control-people.html #Banking #CashlessAgenda #EconomicCollapse #Control #ATMs #BanningCashhttp://www.activistpost.com/2016/12/financial-lockdown-atms-went-dry-3-police-states-banning-cash-control-people.html
I don't believe universal basic income can and will be organized by governments though. It will come through the tech sector.
https://azizonomics.com/2016/04/29/universal-basic-income-is-inevitable-unavoidable-and-incoming/

#society #economy #economics #tech #technology #basicincome #universalbasicincome #ubi #grundeinkommen #inflation #deflation #banking #money
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herzmeister der welten před 3 let od Diaspora

You need never use a bank again. Here's why - TheGuardian


Dissatisfaction with the banking sector over the last decade has led to numerous calls for the industry to change. Last month, the governor of the Bank of England spoke of how the UK financial sector bears the scars of a market gone wrong, while others have highlighted how the oligopoly of our big five UK banks are not only too big to fail and too big to jail, but simply too big to compete and unable to serve customers needs.
#Anarchism #P2P #Banking #Bitcoin #LocalMoney #CreditUnions #Bartercard

http://www.theguardian.com/sustainable-business/2015/jul/07/banking-sector-credit-unions-local-currency-money

You need never use a bank again. Here's why

The emergence of peer-to-peer lending, fintech and new forms of currencies mean people and businesses can act on their dissatisfaction with the big banks
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Agorist Report před 4 let od Diaspora
Obrázek/fotografie

Feds ‘lose’ audits for Fort Knox Gold



The blog, goldseek.com, recently published a report on a Freedom of Information Act request they recently filed with the US government. They were seeking seven reports from federal audits of the gold at Fort Knox. The government’s response? They can’t find those reports – even though they reference those reports as evidence of the gold stored at Fort Knox in a number of ways.

Summary : There is nothing there to prove that they have the gold they claim to be keepiing at Fort Knox

http://www.theeventchronicle.com/finanace/feds-lose-audits-for-fort-knox-gold/

#fraud #fed #federalreserve #banking #banks #scam #fortnox #gold #finance

Feds ‘lose’ audits for Fort Knox Gold » The Event Chronicle

The blog, goldseek.com, recently published a report on a Freedom of Information Act request they recently filed with the US government.
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unity100 před 4 let od Diaspora

25 Facts About the Federal Reserve




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Unelected, unaccountable central planners from a private central #bank run our financial #system and manage our #economy. There is a reason why financial markets respond with a yawn when Barack #Obama says something about the economy, but they swing wildly whenever Federal Reserve Chairman Ben #Bernanke opens his mouth. The Federal Reserve has far more power over the U.S. economy than anyone else does by a huge margin. The Fed is the biggest Ponzi scheme in the history of the world, and if the American people truly understood how it really works, they would be screaming for it to be abolished immediately. The following are 25 fast facts about the #FederalReserve that everyone should know…
  • The greatest period of economic growth in #US history was when there was no central bank.
  • The #UnitedStates never had a persistent, ongoing problem with #inflation until the Federal Reserve was created. In the century before the Federal Reserve was created, the average annual rate of inflation was about half a percent. In the century since the Federal Reserve was created, the average annual rate of inflation has been about 3.5 percent, and it would be even higher than that if the inflation numbers were not being so grossly manipulated.
  • Even using the official numbers, the value of the U.S. #dollar has declined by more than 95 percent since the Federal Reserve was created nearly 100 years ago.
  • The secret November 1910 gathering at Jekyll Island, Georgia during which the plan for the Federal Reserve was hatched was attended by U.S. Senator Nelson W. Aldrich, Assistant Secretary of the Treasury Department A.P. Andrews and a whole host of representatives from the upper crust of the #WallStreet banking establishment.
  • In 1913, Congress was promised that if the Federal Reserve Act was passed that it would eliminate the business cycle.
  • The following comes directly from the Fed’s official mission statement: “To provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in #banking and the #economy has expanded.”
  • It was not an accident that a permanent income tax was also introduced the same year when the Federal Reserve system was established. The whole idea was to transfer wealth from our pockets to the federal government and from the federal #government to the #bankers.
  • Within 20 years of the creation of the Federal Reserve, the U.S. economy was plunged into the #GreatDepression.
  • If you can believe it, there have been 10 different economic recessions since 1950. The Federal Reserve created the “#dotcom bubble”, the Federal Reserve created the “#housing bubble” and now it has created the largest bond bubble in the history of the planet.
  • According to an official government report, the Federal Reserve made 16.1 trillion dollars in secret #loans to the big banks during the last financial #crisis. The following is a list of loan recipients that was taken directly from page 131 of the report…
  • The Federal Reserve also paid those big banks $659.4 million in fees to help “administer” those secret loans.
  • The Federal Reserve has created approximately 2.75 trillion dollars out of thin air and injected it into the financial system over the past five years. This has allowed the #stockmarket to soar to unprecedented heights, but it has also caused our financial system to become extremely unstable.
  • We were told that the purpose of #quantitativeeasing is to help “stimulate the economy”, but today the Federal Reserve is actually paying the big banks not to lend out 1.8 trillion dollars in “excess reserves” that they have parked at the Fed.
  • Quantitative easing overwhelming benefits those that own stocks and other financial investments. In other words, quantitative easing overwhelmingly favors the very wealthy. Even Barack Obama has admitted that 95 percent of the income gains since he has been president have gone to the top one percent of income earners.
  • The gap between the top one percent and the rest of the country is now the greatest that it has been since the 1920s.
  • The Federal Reserve has argued vehemently in federal court that it is “not an agency” of the federal government and therefore not subject to the Freedom of Information Act.
  • The Federal Reserve openly admits that the 12 regional Federal Reserve banks are organized “much like private corporations“.
  • The regional Federal Reserve banks issue shares of stock to the “member banks” that own them.
  • The Federal Reserve system greatly favors the biggest banks. Back in 1970, the five largest U.S. banks held 17 percent of all U.S. banking industry assets. Today, the five largest U.S. banks hold 52 percent of all U.S. banking industry assets.
  • The Federal Reserve is supposed to “regulate” the big banks, but it has done nothing to stop a 441 trillion dollar interest rate derivatives bubble from inflating which could absolutely devastate our entire financial system.
  • The Federal Reserve was designed to be a perpetual debt machine. The bankers that designed it intended to trap the U.S. government in a perpetual #debt spiral from which it could never possibly escape. Since the Federal Reserve was established nearly 100 years ago, the U.S. national debt has gotten more than 5000 times larger.
  • The U.S. government will spend more than 400 billion dollars just on interest on the national debt this year.
  • If the average rate of interest on U.S. government debt rises to just 6 percent (and it has been much higher than that in the past), we will be paying out more than a trillion dollars a year just in interest on the national debt.
  • According to Article I, Section 8 of the U.S. Constitution, the U.S. Congress is the one that is supposed to have the authority to “coin #Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”. So exactly why is the Federal Reserve doing it?
  • There are plenty of possible alternative financial systems, but at this point all 187 nations that belong to the #IMF have a #centralbank. Are we supposed to believe that this is just some sort of a bizarre coincidence?
#capitalism #fascism #dictatorship #banks #petrodollar #fiatmoney #currency #fail #fuckthesystem
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himindri před 6 let od Diaspora
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