When banks need to increase their capital, now, holding money losing real estate doesn't work.
and these people think very long term.
Yes, taking massive losses on real estate is long term thinking. Not taking losses works better, quicker.
This scheme is old, and dates at least back to ancient Babylon.
Yes, banking is old. Not sure why you call it a scheme.
The fact that the Fed is only about 100 years old doesn't make this fraudulent confiscation of wealth any less fraudulent.
Banking is theft? Don't do it, tovarisch.
The FED is just one in a series of tools used for theft.
Don't blame theft when ignorance makes more sense.
The people to whom I refer don't need to increase their capital. They already control most of it anyway. In any case, capital is just digits in a ledger. These folks control the ledgers.
Yes, taking massive losses on real estate is long term thinking. Not taking losses works better, quicker.
They didn't take losses. The taxpayers did. And the Banksters ended up with real assets.
Yes, banking is old. Not sure why you call it a scheme. You didn't pay attention to post #38, did you?
Banking is theft? Don't do it, tovarisch.
Manipulating interest rates and currency for the purpose of gaining control of assets at a fraction of their real value is indeed theft.
Don't blame theft when ignorance makes more sense.
The Banksters aren't ingnorant. They are fully informed, "read in", and very cunning. But their perfidy has caught up with them.
You don't, by any chance, work for the Federal Reserve,do you?