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Biggest Myth that Controls the World - in 60 seconds

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Analysis and Commentary: Biggest Myth that Controls the World - in 60 seconds - Ref links: https://www.blue-point-trading.com/blog - Learn more about proprietary trading: https://www.blue-point-trading.com/trader_opportunities - Obtain a complimentary Practice Account with our partner Broker for US Traders: https://my.myfxchoice.com/registrationDemo/?ib=54180 - Obtain a complimentary Practice Account with our partner Broker for Non-US Traders: https://pepperstone.com/en/open-account/demo-download?a_aid=blue-point-trading
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Text Comments (2)
Benjamin Tyekiff (2 years ago)
Yes, it comes 'out of thin air', but this is only part of the story, and a real oversimplification, practically true but in reality, faulse. The 'credit' the bank issues 'you' comes from 'you'; your value, your credit, your right in a system that has forgone 'real money'. To understand how this works in more detail, I believe, you must understand that we all have the ability to act in a number of 'capacities' - one man can be father, son and brother simultaniously, but still one man; one man with three distinct capacities defined by relationship. In effect when you aquire a mortgage, or other credit facility from a 'bank', the 'bank' is providing you with a 'service' allowing you to become a 'debtor' (beneficiary) in one capacity and a 'grantor' in another with the 'bank' acting as the trustee. Bank 'lending' truely is the biggest scam the world has ever seen. = ] Even nothing is something, and thin air is a thick soup of legality and deciept.
Vention1MGTOW (2 years ago)
Well done!

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