12 year old canadian girl breaks down the corrupt banking system

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Joined Aug 1, 2004
they late to da party, word to da federal reserve's tactic of creating money outta thin air and da bank's practice of fractional reserve

banking...
 
3,937
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Joined May 26, 2006
they late to da party, word to da federal reserve's tactic of creating money outta thin air and da bank's practice of fractional reserve

banking...
This.
Like how the **** you gone say, well I have 10 dollars, so that means I can lend out 22 dollars. They should let me pay my bills like that.
 
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Joined Jul 18, 2012
maybe people will listen to a child because nobody is listening to others saying the same thing.
 
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Joined Apr 15, 2007
Canadian speaking that isn't Drake, Beiber, or Abel Tesfaye....no thanks

edit: watched it....she thinks its as easy as having the bank of canada regulate everything.....we tried that in america...its called the Federal Reserve...wait until they just start printing money to "stimulate the economy" and it has no real backing.....your plan is flawed 12 year old girl...but i love the enthusiasm
 
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8,895
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Joined Dec 11, 2010
This.
Like how the **** you gone say, well I have 10 dollars, so that means I can lend out 22 dollars. They should let me pay my bills like that.
stimulates the economy bro...

Wonder what what happen if wwe only used the physical money we had?

Unemployment would skyrocket, and middle class would would be wiped out.

Not saying it's right or wrong... but there's a reason why they do it.
 
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