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Who has the right to create the money?

 
Anonymous Coward
User ID: 77036839
07/03/2021 12:31 PM
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Re: Who has the right to create the money?
Paper money is the ultimate ponzi scam, so the wording should be Who has the right to scam others?
 Quoting: Anonymous Coward 75682705


these are nothing but anti-semitic conspiracy theories

youre just jealous, thats all
Anonymous Coward
User ID: 75682705
Slovakia
07/03/2021 12:44 PM
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Re: Who has the right to create the money?
Paper money is the ultimate ponzi scam, so the wording should be Who has the right to scam others?
 Quoting: Anonymous Coward 75682705


these are nothing but anti-semitic conspiracy theories

youre just jealous, thats all
 Quoting: Anonymous Coward 77036839


Funny you say it b/c actually the paper money invented ancient China pennywise
Anonymous Coward
User ID: 75682705
Slovakia
07/03/2021 12:55 PM
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Re: Who has the right to create the money?
Paper money is the ultimate ponzi scam, so the wording should be Who has the right to scam others?
 Quoting: Anonymous Coward 75682705


these are nothing but anti-semitic conspiracy theories

youre just jealous, thats all
 Quoting: Anonymous Coward 77036839


Funny you say it b/c actually the paper money *got invented ancient China pennywise
 Quoting: Anonymous Coward 75682705


*corrected

Another no original idea of them.
Anonymous Coward
User ID: 80387816
United Kingdom
07/03/2021 01:14 PM
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Re: Who has the right to create the money?
It's all fake. A false pretense in lieu of the concept of an exchange of energy where otherwise nothing tangible, concrete or abstract, exists.

Born into bondage, rather than an inherent right to be free.

Just my too sense and a wooden nickel.
 Quoting: Anonymous Coward 77722247


This
Real value is resource and "time" Your Time and Energy
Resource + energy = creativity = product
But you need mind for it, so imagination, soul etc.

The idiots running the show don't seem to grasp it but they have brass heads
We're all miserable because they are and make the world so.
Money is just a means to an end.
Monty Python

User ID: 80545025
United States
07/03/2021 01:31 PM

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Re: Who has the right to create the money?
Who can enforce on you their money to use is the better question.
 Quoting: Anonymous Coward 75766347


Legal tender. Forcing people to use "the king's money".

benjamin meme
 Quoting: Crypto-Tard


rightyouknow
Monty Python's Flying Circus
91GMC

User ID: 79247204
United States
07/03/2021 01:40 PM

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Re: Who has the right to create the money?
advice to high school and college students:

you can save a lot of time and trouble later in life simply by taking Economics 101
Anonymous Coward
User ID: 75997542
United States
07/03/2021 01:45 PM
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Re: Who has the right to create the money?
Only people who wear hats of the small persuasion are allowed to conjure up "money", that must be paid back with interest!

lflashdrevillflash
 Quoting: Anonymous Coward 80541226


the small pancake looking hats.
Anonymous Coward
User ID: 80346271
United States
07/03/2021 03:51 PM
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Re: Who has the right to create the money?
A conceptual financial question:

Who has the right to create the money, central banks or the average person in the street?

*This question stems from the recent proliferation of virtual currencies where normal people can create their money.
 Quoting: Miri2019


Money should be owned by no one
ACME_MAN

User ID: 24352866
United States
07/03/2021 04:00 PM
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Re: Who has the right to create the money?
Those who control energy on the planet are ultimately the most powerful, but those who create money come in a very close second IMHO.
Dedicated to the brave men who fought and laid down their lives on the beaches of Normandy and the plains of Europe . . . that their sacrifice was not in vain.

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Anonymous Coward
User ID: 46325974
United States
07/03/2021 04:08 PM
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Re: Who has the right to create the money?
Take out ALL the corrupt middle men

WE generate value - not round about corrupt financial institutions

This is part of the awakening of humanity
Saint Lance the Odd from BC

User ID: 77547432
Canada
07/03/2021 11:13 PM
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Re: Who has the right to create the money?
In the US?

"The Seven Money Clauses

Congress shall have power to borrow money on the credit of the United States. ~ Art. I, sec. 8, cl. 2.
Congress shall have power to coin money, regulate the Value thereof, and of foreign coin, and fix the standard of weights and measures. ~ Art. I, sec. 8, cl. 5.
Congress shall have power to provide for the punishment of counterfeiting the securities and current coin of the United States. ~ Art. I, sec. 8, cl. 6.
No money shall be drawn from the Treasury, but in consequence of appropriations made by law. ~ Art. I, sec. 9, cl. 7.
The migration or importation of such persons as any of the states now existing shall think proper to admit, shall not be prohibited by the Congress prior to the year one thousand eight hundred and eight, but a tax or duty may be imposed on such importation, not exceeding ten dollars for each person. ~ Art. I, sec. 9, cl. 1.
No state shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts. ~ Art. I, sec. 10, cl. 1.
In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved. ~ Amdt. VII.
The Constitution’s Five Monetary Rules

Read in conjunction with the Ninth and Tenth Amendments, and the obligation-of-contracts clause (Art. I, sec. 10, cl. 1), we can identify five monetary policies that are constitutionally requisite in the United States:

The basic unit is the dollar, a silver coin containing 371.25 grains of pure silver.
Only gold or silver coins and currency (specie-backed banknotes) can be legal tender.
No state may issue coins or currency.
No one may counterfeit U.S. Government-issued coins or currency.
Fiat money notes (‘bills of credit’) are forbidden."

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If you are not busy weaving your own magick, you are trapped in anothers spell.
“It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius
Anonymous Coward
User ID: 80552080
Canada
07/03/2021 11:15 PM
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Re: Who has the right to create the money?
A conceptual financial question:

Who has the right to create the money, central banks or the average person in the street?

*This question stems from the recent proliferation of virtual currencies where normal people can create their money.
 Quoting: Miri2019


Money is the root of all evil. So you have the right to create evil, if you want to.
Anonymous Coward
User ID: 79508218
United States
07/03/2021 11:16 PM
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Re: Who has the right to create the money?
Who has the right to ask?
 Quoting: syncro


In God We Trust
Saint Lance the Odd from BC

User ID: 77547432
Canada
07/03/2021 11:19 PM
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Re: Who has the right to create the money?

If you are not busy weaving your own magick, you are trapped in anothers spell.
“It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius
Anonymous Coward
User ID: 80552080
Canada
07/03/2021 11:24 PM
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Re: Who has the right to create the money?
Who has the right to ask?
 Quoting: syncro


In God We Trust
 Quoting: Anonymous Coward 79508218


No, not everyone. That has been kicked out the door.
Anonymous Coward
User ID: 78507280
Netherlands
07/04/2021 12:28 AM
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Re: Who has the right to create the money?
It seems like anyone can create their own money. How many different cryptos are there?
Anonymous Coward
User ID: 78507280
Netherlands
07/04/2021 12:30 AM
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Re: Who has the right to create the money?
I'm going to make Fucko Crypto coins!





GLP