Banking by Donald Trump & Gotham City

Greetings, everyone. I am the "so-called" Donald Trump you've been discussing here. The reason currency clauses exist is quite simple: the Federal Reserve operates like one massive exchange house. Unless that fundamental structure changes, those clauses aren't going anywhere. You need to realize you are fighting a predatory system where both the Republican Party and the Democratic Party are deeply entwined with the financial elite. Protests and bank blockades won't save you—the only way out is to challenge the system politically and vote this filth out of office.

In this video, I break down the issues within our monetary system; if you want to understand how it actually works, you really should give this a watch...

http://www.youtube.com/watch?v=zplkkuwQpcQ

Vice Media, unfortunately, that video hits the nail on the head... The Federal Reserve is basically just a currency exchange at this point, which is why that currency clause exists—and unless they overhaul the entire monetary model, that clause isn't going anywhere.

Nicole Gomez38 said:Vice Media, unfortunately, that video hits the nail on the head... The Federal Reserve is basically just a currency exchange at this point, which is why that currency clause exists—and unless they overhaul the entire monetary model, that clause isn't going anywhere.

John, you're an economics major, right?
Is this stuff they actually teach you in class—meaning most students there should already know this—or are you just flexing your own brainpower here?

So, what's your big idea? What are you proposing?

Politicians have repeatedly used our hard-earned money to bail out banks, but let’s be clear: they bailed them out because they were constantly siphoning funds from them. This was a systemic theft, and we simply sat by and watched. If we were expected to foot the bill for these bank rescues, then we should have been granted equity in those institutions. It is our capital and our property. Who exactly is going to issue loans when we all go broke and end up on the street? Surely the citizens of this country who actually produce value are more important than banks that lend money they don't even possess while charging us predatory interest rates. We have spent far too long acting as slaves in our own nation. Our own passivity remains our greatest enemy.

coastalmarlin64 said:John, you're an economics major, right?
Is this stuff they actually teach you in class—meaning most students there should already know this—or are you just flexing your own brainpower here?

So, what's your big idea? What are you proposing?

I’m not an economics major, but I follow the field closely; honestly, if you just look at the facts and connect the dots, the problem and its solution become obvious.

Besides, you won't find this curriculum in any university textbook—educational institutions are essentially controlled by the political elite, which in turn answers to the kings of money.

I already laid out my solution during my appearance on independent TV...

http://www.youtube.com/watch?v=9rr1uh39tr4

Just so we're clear, the flaws in the monetary system are the primary reason I started these protests.

shadowpilot8 said:I don't believe people are sheep; rather, they simply refuse to be associated with that individual. Furthermore, I find your behavior mirrors his—dropping into this high-caliber discussion just as people are finally managing to organize ourselves, you act as nothing more than a saboteur. Because of your interference, people will now be left wondering whether to establish an association or join him, and the entire movement will lose its focus.
You have arrived at a forum where people are establishing their own organization. Either participate or move along; take Pernar and his party and promote them elsewhere.

It is clear to me that no actual organization has taken place. You mention forming an association in September, yet even now, people are being thrown out on the street. I am fully in favor of such an association and would join immediately, but we need to be active now while you wait for the summer holidays to conclude. We need you, we need Pernar, we need Vedran Rudan, and everyone else who has initiated action. We must act collectively right away, not in the fall, because every month we delay results in more foreclosures.

The only way we can beat this system is if we all stand together...

For those of you drowning in debt, you’re facing two massive hurdles

1. The impossibility of paying off the debt because there is no non-credit emission from the Federal Reserve (you basically have to take out a new—larger—loan just to pay off the old one)
http://www.youtube.com/watch?v=zplkkuwQpcQ [I broke it all down right here]

2. The existence of currency clauses—which only exist because the Federal Reserve acts more like an exchange bureau than a true central bank.

If the Federal Reserve actually starts acting like a central bank again, part of the debt caused by those currency clauses will be resolved. And if non-credit emission is introduced, the rest of the debt issue gets solved too, because loans will finally become repayable. See, if you only have debtor inflation (without non-credit emission), you eventually hit stagflation—costs keep climbing while wages just sit there.

If some money is released through non-credit emission, you’ll eventually see classic inflation (where both costs and wages rise), but your monthly loan payments won't spike. Since interest rates stay fixed from the start, there are no currency clauses, and the money gradually loses value while more of it enters circulation.

Under the current model (lacking non-credit emission), debts are growing four times faster than the money supply—so even without those pesky currency clauses, the debt is unpayable. That's why we see so many freezes and foreclosures, and why illiquidity grows by a billion every single month. It's a incredibly complex issue; to find the solution, you have to stop looking at it through the lens of personal finance (like "my mortgage") and start looking at it macroeconomically (through credit placements). Once you do, you'll realize that your struggle with unpayable debt and financial bondage is tied to an abnormality in the monetary system, not just a personal failure.

The whole point of non-credit money issuance is to balance debt against the money supply—if you don't have that balance, debt outpaces liquidity almost immediately (under the American monetary model 4 x)

Basically, any monetary system that relies solely on long-term credit rather than primary (non-credit) issuance is a fast track to total economic collapse; it just uses interest rates to bleed every bit of value dry. We see the evidence in real life every day—people just refuse to admit it.

The real killer is what I call "cumulative interest." Picture an American city with a million productive citizens. If everyone takes a one-year loan from $333 at a 10% interest rate, they’ll eventually have to pay back $367. After that year, they owe a combined $1.1 billion. The bank pockets $100 million, leaving everyone with $33 less than they started with. To bridge the gap, they take out a new loan, but this time it's for $367. By using $33 to cover the initial loss, they end up with $333 in debt. But now, the repayment requirement jumps to $403. Two years in, everyone is left with $70 less than their starting point. Meanwhile, the bank has raked in another $110 million, totaling $210 million in profit. As people take larger loans to stay afloat, the cycle repeats—you're drowning in deeper debt while your actual cash disappears.

To maintain the same level of purchasing power, we have to borrow more and more just to keep up. And what do the political elites do? Instead of fixing the broken monetary model, they push the country and its people into even deeper debt—essentially driving us toward modern-day debt slavery. Sadly, most folks won't realize how unsustainable this is until it's too late—until the day their accounts are frozen or the collectors come knocking. And honestly, some won't even realize it then.

Both the Republican Party and the Democratic Party claim that a monetary model where the Federal Reserve acts as an exchange bureau (with currency clauses) is fine, yet they also argue that long-term non-credit money issuance isn't sustainable. But those of you reading this can see the truth! Unfortunately, to see it clearly, you practically have to bang your head against a wall. The system will keep deceiving you until enough people hit that wall and realize the entire model is unsustainable—it's predatory, plain and simple.

The current American monetary system looks a lot like the Argentine system right before its crash...
http://zelenapolitika.wordpress.com/...veo-u-propast/

Look, I’m just another victim here—a slave to the banks, the Swiss Franc, the Federal Reserve, and this absolutely blind policy-making! Honestly, even justice seems to be flying blind lately.
WE NEED TO GET MOVING BEFORE THE WHOLE SHIP SINKS (and takes us all down with it)!

antidote said:Greetings to my fellow misguided citizens🎉

This is actually my first time posting on this forum, so I figured I’d jump in and share my story.
Basically, about three years ago, I listened to my wife and decided to
take out a mortgage to buy some property, thinking maybe we could finally settle the housing question once and for all. To make a long story short—after digging through the market and checking out what various Banks were offering—the decision
landed on Wells Fargo. But get this: because I wasn't exactly a
long-term client, they wouldn't approve a loan in Euros. Instead, they gave me their "only option," which was tied to the Swiss Franc 👍.
So, I take out a 120,000 Euro loan pegged to the Swiss Franc. Of course, they payout the amount in Dollars, but they use the absolute worst exchange rate possible, so by the time you're done, those Dollars only cover about 115,000 Euros worth of value.
Fast forward three years of making payments on time, and my monthly installment from $1600 hits my account on the 18th, but man, I'm telling you, $2433 it's a nightmare. My principal balance is sitting somewhere around 170,000 Euros, and it just keeps growing and growing every single month.
Here is how I see the whole mess:
The Swiss Franc could theoretically climb forever because it's painfully obvious that both the Euro and the USD are in deep trouble due to stagnant growth and massive government deficits.
As for real estate? It’s almost impossible to sell anything right now unless you're willing to sell it for peanuts—pennies that won't even cover half of what you owe on the loan.
The only way to save this market would be to scrap these currency clauses entirely and switch to an interest rate tied to whatever currency we are actually paying in within this broken country.
Anything else is just a scam. The banks have already lined their pockets enough; the government needs to realize they live off our hard work, not off the banks. If consumer spending keeps dropping, we're heading straight for a total recession.
Clearly, we need to hit some kind of critical mass to actually force some movement here in America.
Bottom line: I think there are plenty of us out there who are completely backed into a corner with zero way out.
But hey, you can't cheat the system, right?🙂

What you’re missing is that there’s no such thing as a painless exit. The damage is already done, and someone’s eventually going to have to foot the bill. Your "exit strategy" just spreads the misery around to more people.

Nicole Gomez38 said:I’m not an economics major, but I follow the field closely; honestly, if you just look at the facts and connect the dots, the problem and its solution become obvious.

Besides, you won't find this curriculum in any university textbook—educational institutions are essentially controlled by the political elite, which in turn answers to the kings of money.

I already laid out my solution during my appearance on independent TV...

http://www.youtube.com/watch?v=9rr1uh39tr4

Just so we're clear, the flaws in the monetary system are the primary reason I started these protests.

That is pure nonsense. You're flooding the forum with pseudo-conspiracy theories and amateur economics. To suggest that every single educational institution—spanning hundreds of nations, tens of thousands of professors, and millions of students and textbooks—is under the thumb of "global capital" is nothing short of paranoid.

Nicole Gomez38 said:The whole point of non-credit money issuance is to balance debt against the money supply—if you don't have that balance, debt outpaces liquidity almost immediately (under the American monetary model 4 x)

Basically, any monetary system that relies solely on long-term credit rather than primary (non-credit) issuance is a fast track to total economic collapse; it just uses interest rates to bleed every bit of value dry. We see the evidence in real life every day—people just refuse to admit it.

The real killer is what I call "cumulative interest." Picture an American city with a million productive citizens. If everyone takes a one-year loan from $333 at a 10% interest rate, they’ll eventually have to pay back $367. After that year, they owe a combined $1.1 billion. The bank pockets $100 million, leaving everyone with $33 less than they started with. To bridge the gap, they take out a new loan, but this time it's for $367. By using $33 to cover the initial loss, they end up with $333 in debt. But now, the repayment requirement jumps to $403. Two years in, everyone is left with $70 less than their starting point. Meanwhile, the bank has raked in another $110 million, totaling $210 million in profit. As people take larger loans to stay afloat, the cycle repeats—you're drowning in deeper debt while your actual cash disappears.

To maintain the same level of purchasing power, we have to borrow more and more just to keep up. And what do the political elites do? Instead of fixing the broken monetary model, they push the country and its people into even deeper debt—essentially driving us toward modern-day debt slavery. Sadly, most folks won't realize how unsustainable this is until it's too late—until the day their accounts are frozen or the collectors come knocking. And honestly, some won't even realize it then.

Both the Republican Party and the Democratic Party claim that a monetary model where the Federal Reserve acts as an exchange bureau (with currency clauses) is fine, yet they also argue that long-term non-credit money issuance isn't sustainable. But those of you reading this can see the truth! Unfortunately, to see it clearly, you practically have to bang your head against a wall. The system will keep deceiving you until enough people hit that wall and realize the entire model is unsustainable—it's predatory, plain and simple.

The current American monetary system looks a lot like the Argentine system right before its crash...
http://zelenapolitika.wordpress.com/...veo-u-propast/

Mr. Pernar, please, just let people go about forming their own association; honestly, the absolute most you could possibly offer at this stage is some quiet support through your membership. We aren't out here trying to chase political glory or attempt to dismantle capitalism—that isn't the mission. The goals have been (more or less) clearly defined, yet the only tool left in the kit seems to be using voter numbers as a form of political blackmail.

I realize how cynical and rather ugly that sounds when put down on paper, but I fear it’s the only tactic that still carries any weight in this climate.

I agree. We need an association that establishes realistic goals, likely most of those outlined by gogo80 and sick.am. Discussing the causes of the global financial crisis at this stage is utterly pointless, and calls for revolution are purely counterproductive.

Charles Martin78 said:Mr. Pernar, please, just let people go about forming their own association; honestly, the absolute most you could possibly offer at this stage is some quiet support through your membership. We aren't out here trying to chase political glory or attempt to dismantle capitalism—that isn't the mission. The goals have been (more or less) clearly defined, yet the only tool left in the kit seems to be using voter numbers as a form of political blackmail.

I realize how cynical and rather ugly that sounds when put down on paper, but I fear it’s the only tactic that still carries any weight in this climate.

Exactly.
Let's be clear: you are in the Economy subforum. People come here to have serious discussions backed by logic. This isn't the place to wave Che Guevara flags, call for the nationalization of banks (which, let's face it, are owned by American citizens—at least the two biggest ones), and it's certainly not a platform to push someone's personal political agenda. If you want to run ads on this forum, take it up with the Marketing department. 🙂

shadowpilot8 said:I don't think people are just mindless sheep; I think they simply refuse to be associated with that guy. Honestly, it feels like you’re acting just like him—dropping into this high-quality discussion right when everyone is finally managing to get organized, acting like a total disruptor. Now, instead of knowing whether to start an association or join his cause, everything is just going to get diluted.
You showed up where people are trying to build their own organization. Either jump in and help, or move along and take Pernar and his party somewhere else.

To start with, Pernar is an idiot, but so are all those who sat on their hands when he first kicked off the protests. For instance, back in February when the demonstrations happened, the Swiss Franc was sitting around 5.7, and now it's climbed past 6.1. Yet here we are, with people talking about forming an association and planning "actions" for September?

Something should have been done, and not yesterday—it should have been done the day before yesterday.

Douglas Reed3 said:That is pure nonsense. You're flooding the forum with pseudo-conspiracy theories and amateur economics. To suggest that every single educational institution—spanning hundreds of nations, tens of thousands of professors, and millions of students and textbooks—is under the thumb of "global capital" is nothing short of paranoid.

The business school is actually a perfect example of honest dealings. 🙂

Personally, I think his point was that everyone is swayed by politics, and then that politics itself is steered by "king money."

And honestly, is that really such a paranoid leap? Especially here in the States, where it’s practically standard practice for everything to be influenced by political agendas, and for politicians to be dancing to the tune of their big-money sponsors. It’s not exactly hard to believe, is it?

Douglas Reed3 is just a pawn for the establishment. As long as we stay tethered to the Euro—meaning the Federal Reserve essentially acts as nothing more than a glorified currency exchange—getting rid of the currency clause is an impossible dream. That clause isn't the root cause; it’s merely a symptom. If you want real change, you have to fight to overhaul the entire monetary model, because one simply won't work without the other. Douglas will try to convince you they're unrelated, but anyone with half a brain can see the connection.

"America needs to 'detach' itself from the Euro before it ends up just like Argentina!"

It’s good that you caught on to the fact that the Democratic Party is playing for the system (the banks)—they're firmly against abolishing the currency clause. And the Republican Party? They're the same way.

Hey, Pernar, why on earth did you go and steal those charts from Nostradamus?

Jerry Williams41 said:Hey, Pernar, why on earth did you go and steal those charts from Nostradamus?

Because they work—and frankly, I didn't feel like wasting my time sketching out the exact same scheme from scratch. Besides, I wouldn't mind if he lifted a few things from me; we're both fighting the same system, after all.

It’s blindingly obvious to everyone that the Federal Reserve is basically just a giant currency exchange, yet nobody bothered to map it out until now. So, I have nothing but respect for him—it isn't enough to just write these things down; you have to visualize them so people actually get it. He really went a step further than the rest of us.

As for those money supply versus credit deployment graphs, I didn't rip those off his work—I built them myself. And honestly, it wouldn't bother me if he did copy mine; in fact, I’d be thrilled if you all copied them and shared them everywhere. People need to understand that in this current setup, debts are simply unpayable. Because of how currency clauses work and the lack of non-credit issuance, the gap between debt and the actual money supply is widening every single day—debts are growing four times faster than the money supply itself.

That is why illiquidity is skyrocketing, along with the number of foreclosures and seizures. This crisis, caused by an anomaly in the monetary system, will only deepen unless the entire system is overhauled. In fact, things will only get worse because that is exactly how this model was designed to function.

Make no mistake: under the Republican Party/Democratic Party model, banks will continue to swallow up more and more real estate and corporations.

So you’re actually admitting 🤣

I mean, does anyone honestly believe nationalizing the banks would actually fix anything, especially given how much of a disaster that worked out to be in the past?

Besides, am I just imagining things, or was there one of those early protests where people formed a literal human chain around the Federal Reserve building and started chanting "we won't let them take the Fed"?

If you’re really going to pick a fight with the establishment, you’d probably have a better shot if you leaned more into libertarian or Austrian economics rather than trying to channel Che Guevara.