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#finance
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BUDGET 2022 : LE PIÈGE D'EMMANUEL MACRON AVANT LA PRÉSIDENTIELLE
https://youtu.be/FoKOwCOLScE #Raveaud #économiste #Macron #finance #public #privé #réglementation #privatisation #dette #protectionnisme #interventionnisme #controle #budjet #électoralisme #RSA #allocation #chômage #pauvreté #assistanat #protection #sociale #enseignant #salaire #taxe #habitation #fortune #immobilière #impôt #redistribution #cotisation #crédit #impot #recherche
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Does this financial system work? How just is this financial system?
Q1: Does this financial system work?
A1: it works for the private banks, at least for a while, but it does not work for the rest of the world.
Q2: How just is this financial system?
A2: no not at all, just read this:
“During the COVID pandemic the interestrate on TLTRO III was lowered to -1% , which means that the ECB pays banks 1% of the value of their loan every year. This generous support has continued until the coronavirus hit and then strongly increased (see Figure 1).”
https://www.global-rates.com/en/interest-rates/central-banks/central-banks.aspx
src: http://www.positivemoney.eu/wp-content/uploads/2020/09/Green-TLTROs.pdf
Which means: if you are a bank, you even get paid by the central bank, for taking a loan.
“PLEASE! TAKE AS MUCH MONEY AS YOU WANT! WE WILL EVEN PAY YOU FOR IT!”
If someone with ideas, walks into a bank to request a loan, they will laugh at you.
The “Big” (downward) “Hit” came after 2008.
So are those low interest rates just “fresh blood” for a zombie (the current financial system) to survive a bit longer?
Has the financial system actually collapsed in 2008 and not recovered since?
Why don’t do banks their job?
The job of a bank is to: actively (!) look and engage and foster and support entrepreneurs to finance new ideas, products, jobs…
not: take the freshly printed money and put it into the stock market casino.
Then there would be no “inflation” problem.
Btw: the “independent” central banks failed at their core job: to not do, what “experts” feared the state would do with the privilege of money printing:
print as much money as you like and cause massive dysfunctional financial system and inflation
#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #bank #banks #ecb #fed #inflation #state #states #crisis
Originally posted at: https://altcoopsys.org/2021/09/28/does-this-financial-system-work-how-just-is-this-financial-system/
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Faut-il tout privatiser ? Toutes les règlementations sont-elles absurdes ?
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● NEWS ● #CommonDreams #Finance ☞ Opinion | Abolish the #Debt Ceiling. Do It Now https://www.commondreams.org/views/2021/09/27/abolish-debt-ceiling-do-it-now no, stop encouraging #overpopulation by issuing more debt based on number of births (labourers enslaved fiscally)
La finance capitaliste, vue par un trader qui a gagné plus de cent mille euros par mois
#Sociologie_Histoire_Économie_Politique_Éthique #Sociologie #Histoire #Économie #Politique #Éthique
#Finance
Via: VK - Emmanuel Martin
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