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Posts by ironcrane5

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The Financial System and Money Supply in Banking, Insurance & Loans ·
It’s honestly laughable how the entire economy functions like one massive Ponzi scheme. We’ve been conditioned and programmed from birth to just accept this broken system if we want to be considered part of "normal" society.
The Financial System and Money Supply in Banking, Insurance & Loans ·
I'm currently watching the documentary "Let's Make Money" because I want to wrap my head around the basics of money and its true nature.

There is just one thing I want to dig into to start with—the relationship between the Dollar and the Euro. I know asking this might offend some people, and I'll probably get hit with a snarky response claiming it's a "bad question," but here we go:

On what basis is $2.25 and a few cents (or whatever the amount is, it doesn't really matter) equal to 1 Euro? Who actually decides that? And why is there all this talk about the Dollar being overvalued—overvalued compared to what exactly?