What Is The Most Important Subject Persons Can Investigate And Reflect Upon? | https://www.themorganreport.com
How about the banking system?
“If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.”
This quote is a reminder of the role that banks play in the economy. The banking system creates the money that is in circulation, whether it is in the form of cash or credit. This means that every dollar that we use in our daily transactions has been created by a bank through the issuance of loans.
This reliance on bank loans for the creation of money is a significant problem as it highlights the fragility of the financial system. If there is a shortage of loans, the money supply will decrease, and if there is an overabundance of loans, the money supply will increase, leading to inflation. The absence of a permanent money system exacerbates this problem and leaves the economy susceptible to market forces.
The dependency of the economy on bank loans and the creation of fiat money by commercial banks is a crucial subject that must be understood and studied by all individuals. A failure to do so could lead to disastrous consequences for society, and it is essential that steps are taken to improve the system.
Watch this video on What Is The Most Important Subject Persons Can Investigate And Reflect Upon?, then please share with your friends and family on social media and use the caption: What Is The Most Important Subject Persons Can Investigate And Reflect Upon?.
- Market Analysis — Investing — Trading Methods At The Morgan Report — Starting As Low As $50 | http://www.themorganreport.com/join.
- Starting your own precious metals savings program is an easy way to automatically save in gold and silver. This makes it easy to maintain a disciplined program for increasing your ownership of history’s most proven stores of value. Learn more here.
Let My Passion Create Your Wealth.
I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation, and asset protection.
Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter — This Week’s View from The Morgan Report.
Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.
Learn more and become an insider for The Morgan Report, click the link below…
Special Riches In Resources Free Report
Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.
Our mission statement reads…
“To teach and empower people to understand the benefits of an honest monetary system.”
Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!