Author Topic: Bankers and the money system  (Read 35 times)

pxsant

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Bankers and the money system
« on: August 27, 2009, 09:11:28 pm »
This is a long read but it gives an interesting perspective on bankers and their control of money systems.  Relates to the current crisis caused mainly by banks.

Bankers and Currency

David Randolph

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Tedious read past the mistakes
« Reply #1 on: August 27, 2009, 09:11:28 pm »

The article is a tedious read. It glosses over any thing other than what would support its forgone conclusion and raises to significance things that were not.

 

A simpler explanation is that human beings both make mistakes and are herd animals - bankers especially are herd animals. Bankers follow what other bankers are doing. Herd animals periodically stampede and fall off cliffs. That explanation is sufficient for how they follow other bankers into what was a profitable area when small and overwhelm it into a bubble and watch it collapse.

 

We do not need a 2,000 year conspiracy theory in order to explain what is happening.


Aussie

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The profession is best summed up by the phrase...
« Reply #2 on: August 28, 2009, 04:24:47 pm »
....'That guy is a complete and utter banker'.

I've always  found that bankers, stock market guys, and certain political types are of that particular personality type that gets off on whipping up fear, uncertainty and doubt.  They either are not happy until they've got everyone worried about the future, or they like to magnify a minor incident into a international incident.

An Australian dictionary also defines an alternate meaning for the word 'banker'...."a river near flood level, the water being almost bank high".  Sounds suitably crisis-like for the banking profession.

unix

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I want the world plus 5 percent
« Reply #3 on: September 06, 2009, 09:36:36 pm »


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