Jump to content

Bailing out the banks


Recommended Posts

There are better ways for the banks and governments to steal people's money (without people even knowing they've been robbed). A better way to rob people is where they have the same amount of money in their accounts, but the value of the currency is reduced.

Link to comment
Share on other sites

a cpl of years ago only 50 grand was safe in the banks here, this was upped to 80 grand (i think) so watch this space it could happen here

 

Nah, these are the Tories .... They would have a levy saying that if you have no money then you have to pay.

Link to comment
Share on other sites

wtf?

In Cypress everyday people who have savings are expected to bail out the banks

http://www.bbc.co.uk/news/world-europe-21814325

 

They're just being up-front about it. In the UK savings are being stolen too. By stealth. The difference with Cyprus is they can't print their own money.

 

UK inflation is being deliberately held above target and above wage rises to erode the real value of debt. Every round of QE is like a bazooka hitting pension funds. With every round of QE and every month that inflation is above target and above wage rises, the real value of savings decreases.

 

Make no mistake the powers that be see taking private savings deposits as a way of keeping things going, even though doing so can only work for a short time.

Link to comment
Share on other sites

They're just being up-front about it. In the UK savings are being stolen too. By stealth. The difference with Cyprus is they can't print their own money.

 

UK inflation is being deliberately held above target and above wage rises to erode the real value of debt. Every round of QE is like a bazooka hitting pension funds. With every round of QE and every month that inflation is above target and above wage rises, the real value of savings decreases.

 

Make no mistake the powers that be see taking private savings deposits as a way of keeping things going, even though doing so can only work for a short time.

 

Exactly. Only most people in the UK are too retarded to realise they're being robbed blind. Well, perhaps they do realise, but there doesn't seem to be too many alternatives, perhaps converting currency in to gold bullion and hiding it under the floorboards...

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.