When banks create a new loan they must also create an equal and opposite liability, in the form of a new demand deposit. Meaning when banks loan they create money out of thin air. They simply make it exist.

There is a really good series on YouTube that goes in to great depth about how it all works.

https://www.youtube.com/user/whygoldandsilver

nice man, thanks for sharing will 100% be putting this on later

I binged watched the series in one night. No regrets haha. Really gets the brain matter flowing. That link is to his main channel, it seems he has a lot of new content. Even some videos on crypto.

This is the link to his main series I was talking about, that goes in to great depth on banking, the federal reserve, fiat currency and economics as a whole. Enjoy!

https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdipidHkTehs1VbFzgwrq1jkUJ

thanks muchly, think you might like richard werner

I do indeed. Interesting solutions. Mike's series (if I remember correctly, it's been a few years) doesn't really go in to any solutions to the many economical issues we have, if at all. So this was a nice listen. Ty!

Quantitative Easing.

The ECB have been doing it for years, with no federal reserve at all.

All countries do it to a greater or lesser extent.

The reason the (US) dollar is so popular is they have a federal reserve (gold).

The reason the Euro is failing is it's based upon the German banks and their megalomaniacal desire to control Europe.

There is no EU federal reserve. Only German banks.

When the EU (and Euro) collapses, Germany will be fine, the other 26 member states will fail.

Invest as you will.

Cheers. BB

Petrodollar is interesting on another topic. What do you think ? It’s funny what is out there that the vast majority of people do not know about in the financial and political landscape. The petrodollar is perplexing to me

Money is just an I Owe U ... it says so on your GBP £ notes ! something like ... ''I promise to pay the bearer the sum of twenty pounds'' .... hmmm? but you are handing over a physical £20 note made out of paper or plastic. BUT it still is an I OWE YOU, because the actual note is a ''promise TO pay'' .. the note is not backed up by gold anymore...back in the day... money was real... now it is just digital numbers on screens, according to my limited knowledge about it. I will keep up with this thread tho, as I would like to hear what others on LB think :)

Banks also "Trade Client" funds in a range of assets from , bonds, to stocks hence why you will receive interest each month or annually on your account; that is miniscule compared to what they generate from trading your funds (which is also why your funds are insured). but there are many aspects to this and variables as i've read below each of which is pretty much true.

Spot on smokey!

"since banks work as the accountants of record – while the rest of the economy assumes they are honest accountants – it is possible for the banks to increase the money in the accounts of some of us (those who receive a loan), by simply altering the figures. Nobody else will notice, because agents cannot distinguish between money that had actually been saved and deposited and money that has been created ‘out of nothing’ by the bank” - Richard Werner

Yes if they say its "in the bank" that's all it takes to do what they want with it - regardless of whether it exists.

Banks literally print money and we are expected to accept it has value when in actual fact there is nothing backing fiat currencies anymore. Used to be that dollar was backed by gold reserves then oil but now its backed by the promise... Basically the whole world is in a debt/credit spiral that will unravial at some point...

One word. Credit.

They don't create money, they create an illusion. Pepe is the only money worth anything

Money printer go brrr

All began with financial deregulation in the 1970’s . The banks just click some buttons and magic. Then you pay them back, what a business!!!

This is a major cause of inflation. They are putting money that hasn’t been earned yet from the future in todays circulation . That’s why our money 💰 s worth fuck all now. Well one of the many reasons;)

I thought we just discovered all money, is in fact, cake.

not individual banks! but they do make money lol dont make much sense does it

little ben

yes, individual banks, check out the werner stuff in this thread. basically it's just accounting that makes them book things twice. if it's on a bank's books it is money.

When a bank makes a loan it is creating fiat currency

It's depending on the existing customers within the bank actually , so you deposit money into the so called bank but in fact the bank lends it to other people within the banking system and charges interest on that.
Banks are the only ones legally able to create wealth out of thin air , digits on the computer.
For example when you get a loan - digits , but you have return back with interest to the bank Real money from your job , revenue streams.
Circular Banking.

It's all about complex energy numbers.

They don't, they make up fiat currency (£, $, € ect ect) just a bar code number to give it a vaule. Money is only something that can be equally treaded fairly ie gold.

good thread :)

Yes Werner's study explains the double ledger. The implications being that when you deposit your own fiat, what is really happening is that the banks are purchasing security futures from you with promises to pay. The b of e charter actually explains that they cannot and do not lend money or take deposits.
White rabbit trust on YouTube and youandyourcash.com seek and example plenty of successful remedy.

I'm immediately drawn to any strain with cherry in the name 😌

I actually really love Cookie Dawg, also the old school UK Cheese which Is amazing because I just found out GC is selling, so I'm soon to be a happy Lycan.

Haven't done shrooms in over 10 years and my best mate used to sort it out. Fiancee wants to try them though, so if anyone has any suggestions on a good starting point I'd be appreciative!!

Love that! Get your puff on Lycan!
Ooh cheese! I have such a love hate relationship with cheese! ive had exodus cheese and omg it tasted mank but wow the effects were amazing, so strong! And ive had blue cheese which was nice with the fruity blueberry but then gross with the cheesy flavours coming through!! Still very strong and amazing body buzz though!

As for shrooms! I’m ya gal! I would suggest Mexican dutch kings, for a first time as they are more milder and softer so to speak (of course depending on dose!) or mazatepec they are also very beginner user friendly but amazing in my opinion anyways! In other news I will be stocking my store with Mexican dutch kings soon and after Christmas I will have mazatepecs, otherwise if you cant wait for my shrooms, I have heard some good things from customers regarding Dr. Shroom!

ooohhh basically any sativa that isn't a haze

tropicana cookies
kali mist
sour diesel
strawberry cough

mushrooms I like JMF, APE, B+, pretty standard stuff really

Ello and evening fun gal cate 🙃I love a good haze myself although I’m a strain/flavour hunter I drool at the different terpene profiles and unique structure and thc level to each strain 🤤
As for my trippin days they are long gone 😂
Was the old super strawberry acid tabs then micro dots days 🚀had mushy chocolate that blew my dish off and also some tea but I’m content within myself with just a smoke now
🙏

Hiya and good morning Johnny! :)

Ooh a weed connoisseur! ;) 💖
I used to go on herbies and check out all the different strains and see the THC content, flavours etc. of each flower I wanted to smoke, its quite a good site plus you can buy seeds. (herbiesheadshop.com) :)

Have you tried bubba island Kush? By dutch passion, The flavours in that one was amazing, she is a beauty! so smooth and flavoursome!
Not a want but a need!! 😂

Amazing! I would love to try acid tabs and dots!
I totally understand being contented with just bud! As much as I love tripping I do have to be in the right mood but with Cannabis, I can do that morning noon and night and never get bored or worry about not being able to function if someone comes to the door!

Anything haze for me, specifically amnesia haze. That funky smell is worth more to me than a few extra percent of THC, It is the coffee shop experience and will forerver take me back to my teenage years.

I'm not nearly as experienced with shroomies but the best experience I had off of them was golden teachers , was definitely taught a thing or two lol

Hey Windiest!

Ooh amnesia haze! Have you tried Lemon Orange? It’s super lemon haze with clementine. Here’s a link https://shop.greenhouseseeds.nl/feminised-cannabis-seeds/lemon-orange/?variation_id=1594
I soooo want to try this one!! I can taste it now! Im seriously debating whether to risk a high electric bill just so I can try it out!
Haze def has that nostalgic vibe to it!

Brilliant! Love hearing peoples experiences especially the positive trips! mushrooms are great for putting everything into perspective! 🍄 💖 :)

Cannabis- OG Kush, mainly cos it was my first ever successful grow. She was a lovely smoke too!

Shrooms- Mazapatek (sure I spelled that wrong). When I closed my eyes on that trip I was convinced I was in the hull of a wooden ship off the coast of the pacific, I could hear the waves of the ocean and feel the warmth of the sunrays glaring through. I could see patterns resembling those seen in Aztec art. I felt a connection to the indigenous people and again was convinced I was a Mazatec in a previous life that had been captured and was being transported as a slave to another continent. Yet I felt at peace. Weirdo I am.

I love OG Kush! She is a very lovely smoke!!

Omg Mazatapecs are amazing!! Wow what a trip! that sounds like an amazing experience, despite you being a slave and all in the moment!

Hiya Fun Gal Cate I would say for bud psychosis an old school strain such powerful smell and taste .

Mushrooms probably ban hua Thai I just love the visuals off them .

That’s a name I’ve not heard for years mate! 🤜🔥🔥🔥

Hey Daddy ;)

Ooh I’ve never heard of psychosis! Would love to try it though, it sounds amazing!

Nice on the Thai’s! If you like your visuals Have you ever tried Orissa Indians? 🍄 they gave me some amazing potent visuals! Same as the stargazers they are also potent for visuals.

I haven't tried either of those I hAve only had ban hua Thai, golden teachers , z strain Aztec gods and Cambodian gold so far but will keep an eye out.

The psychosis is a clone only strain from the 00 s era a more potent stench northern lights cross

def keep an eye out for the Orissa's!!

interesting on the psychosis strain! :)

Up until recently without a doubt it would have been blue dream but a few months back had the pleasure of vaping Bay Dream.

Definitely one for you Redeye

👀👀

Weed, like you say so many to choose from. I really liked the Jamaican from dam as a nice lazy trippy high, but going in powerful it would have to be super silver haze, old school white widow or powerplant.
I've also got a soft spot for skywalker..quite excited as just ordered some from Dr D.. last lot I got from street was just awful so hoping this order restores the faith..lol.
Got some fruit of the gods a few years ago and would say that's the closest I've been to my first ever sticky sticky weed (shiva ) but don't see any of either around nowadays!

Tripping wise, I've not gone down that road for a long time.. I had cubanise shrooms in my teens and they blew my head off, sadly the last time I ate some local liberty caps and had a bad time..funny to look back though, I basically had playboy bunnies chasing me for a good hr and hid in a dark corner to escape! At the time it was shit scary..
But by far the best for me was good old Lucy.. had some amazing experiences, including a point where I literally felt like id left my body and was a needle with my head on, out in amongst the stars looking down on myself in my hotel room..it was utterly surreal and a very special feeling.. that same night me and my mate were convinced we could read each others minds..and did a test where we had to write down one word without saying it.. it was fucked up, we both wrote down the same word ( and as far as I know we never actually spoke that word). It was beyond incredible and I thought after that I'll never ever get a trip that good again so stopped and now only ever take a smoke.
Great to look back on though.

Great question, made me think back to some amazing experiences.. cheers👍

Recently discovered ice cream cake and oh what a lush strain that is. Not had anything like it before. An absolutely beautiful indica. The best mix of head and body high I've ever had.

sounds amazing! need!!

Power plant ! Love that peppery beast..Great all rounder. Hav not seen in about 12 years now..other than that, all cheese varieties, and I'm loving this carbon fibre from Greencat.

I don't smoke, but my favourite mushrooms strains have to be APEs and liberty caps because they ruin me.

Golden teacher or Ban hai Thai. Can’t beat good home grown teachers. Weed wise good mimosa from Portland

For weed it will have to be Hindu Kush as its the best sleep aid for me, however I have tried Gentlemen Dealers Candy Krush for the first time and its been a long time since a strain has given me the giggles and sleep so that might be a close contender for me.

Shrooms though i'll probably still stick with Golden Teachers. I've tried the Mckennai, Enigma, Maztapec, but Golden Teachers seem to be the ones for me that is focused on having a good time watching shows compared to my other experiences.

I've never had candy Krush but sounds like one for me to look out for!
brilliant on the laughter and sleep! Love those giggly moments! :)

interesting! thank you very much for your input! I found the columbian rusty spores to be quite chill and relaxing, might be one for you to keep an eye out for?

Snap on the Super Silver Haze. Also love Northern Lights.

😍

https://littlebiggy.com/link/fOJdkC
Stardog all time favourite

oooh yeah stardawg is a beaut! 💖 I found her very strong and smooth only had her the once!

Welcome to LB and good luck 👊🏻

GameChanger lol

Hey Cali Connect, presumably the deal is limited to one per customer? Sorry to be that guy hehe...

Nice one! Im cheeky like that

If your into superhero stuff but want something grittier and darker give The Boyz a shot, once it gets going its an amazing watch, great while high too.

Invincible on Amazon if you like animated stuff had me hooked. Also letterkenny if you can find somewhere to watch it.

The Wire. Can't believe its not had a mention yet!

One of my favourites, lost count how many times I've Watched.

Currently watching Sopranos AGAIN!! 😁

shiiiiiiiiiiiiiiiiiiiiit, its all in the game, yo...

Sopranos is no.2 on my list!

I've been in a nostalgia trip lately, watching series I grew up with. Alternating between -

Lost
Prison Break
Dexter
24

1. Game Of Thrones
2. House Of The Dragon
3. The Office
4. Yellowstone
5. The Last Of Us
6. True Detective; (the first season may be the best piece of tv ever created)
7. THE JEFFREY DAHMER STORY
8. Your Honor
9. Euphoria
10. Tulsa King
11. 1923
12. The Sopranos
13. The Patient
14. the golden boy
15. catching lightning
16. house of cards

Succession
Supernatural
Severance
Outer limits
Twilight Zone
Doctor Who
Fringe
Haven
Warehouse 13
TNG

knew I would see supernatural somewhere!
First 3 seasons amazing and then just good after. Cant be bad

I’m a super fan haha rewatching it for about the 10th time atm 🤣

maybe a season 16. I think its been long enough since the finale and i didnt like Deans ending honestly. Well easy for them to be revived the new god is there brother.... LMAO love the show and felt I need to put context to what i meant:)

Some great recommendations so far. I’ll add a few obscure ones that haven’t been mentioned or that you might of missed.

1. Chernobyl (HBO)
2. Raised By Wolves (HBO)
3. Pantheon (Animated show on Amazon New Zealand I believe but if you know how to find stuff to watch online for free, it’s there)
4. Vikings (Amazon)
5. The Boys (Amazon
6. Severance (Apple Tv)
7. See (Apple TV)
8. Silo (Apple TV)
9. Boardwalk Empire (Can’t remember)
10. The Englishman (BBC Iplayer)

I believe all of these shows to be great!

2 and 3 have been unfortunately cancelled despite having no business being cancelled, it’s pretty shit that we might not get any conclusions to their stories but what’s there is worth watching.

I’ve added where you can watch them on their native streaming services but if you’d rather watch them for free, I got you! Here’s the site I use as it has NO ads and all of the shows I’ve listed can be found there:

https://watchseries.pe/home

👊🏾

I appreciate your input. I’ve been searching for something to binge but, truthfully, I’ve grown to be a “tv snob” lol… my expectations after watching such series as Game Of Thrones has really diminished my desire to watch anything mediocre. I’ll absolutely look into these series - if you have a recommendation or suggestion on where I should start, I’m all ears!

I’d start with Chernobyl, it’s a quick mini series, 5 episodes I believe. Get that out of the way then I’d hop on The Boys after that. Anything from my list after that and you’re good. Ps, I’d class The English and Pantheon as hidden gems😎

Thank YOU, kind sir!!

Anytime pal. I hope you enjoy and if you fancy a chat and review once you’ve got stuck in, hit me up.

I’m still loving Brassic- it’s just completely nuts!😂

What We Do In The Shadows. Was on BBC Iplayer...now all series on Disney Pluus.
So few genuinely decent sitcoms about in recent years...this though totally bucks the trend. Its brilliant :)

Totally loving Monarch legacy of monsters atm 🥳

Currently Im enjoying Lawman Bass Reeves and Monarch Legacy of Monsters. Slow Horses series 3 starting on the 1st December I think (Series 1 and 2 available now).

It must be mentioned here somewhere but I cant help it it is one of my secret pleasures.
Supernatural. Sam and Dean. Also if you like it I think a new season is coming.
if you have watched the boys Dean is the super soldier (Captain some1 I really cant remember his name) in series 2.

New season of Fargo has started, previous seasons are worth a watch and this season looks good, bit of a slow burner storyline so far.

Gomorrah (Amazon), Suburra (Netflix), The Wire (Sky?) & The Last Kingdom (Netflix). A few I’ve really enjoyed lately 👍

Game Of Thrones above everything and there’s no second place… but have you already seen it?

Gomorrah 100%. Probably the best series I’ve ever seen 👍