Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
They took unused funds from your bank account~Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.[1][2][3] The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfills these functions can be considered as money.

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.
                                                                                                                                                                              Noam Chomsky

Thanks given by:

Possibly Related Threads…
Thread Author Replies Views Last Post
  Central Bank of Syria~wikipedia Desmond 0 857 04-15-2018, 11:35 PM
Last Post: Desmond
  Rothschild Bank Under Criminal Investigation Following Historic Fraud Anonymous EXP Desmond 0 841 12-07-2017, 10:46 PM
Last Post: Desmond
  The New era of Money and The Greatest Wealth Creation Event in History Desmond 0 903 03-30-2017, 11:23 PM
Last Post: Desmond
  Only 3 Countries Left Without a Rothschild Central Bank Desmond 0 804 03-04-2017, 01:26 AM
Last Post: Desmond
  Thrive- Follow The Money!ProperGander Desmond 0 946 03-04-2017, 01:07 AM
Last Post: Desmond
  Michael Tellinger the Sumerian Origins of Money Desmond 0 800 03-04-2017, 12:36 AM
Last Post: Desmond
  Economics, Politics, Money, Religion, War and Democracy* Desmond 0 1,022 02-17-2017, 11:15 PM
Last Post: Desmond

Users browsing this thread: 1 Guest(s)