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Subject: »NEWS AROUND THE WORLD

2013-02-08 15:00:30
Actually, they don't.

ok, lets discuss something else.
2013-02-08 15:02:58
That's the first time you admit you were saying nonsense :p
Nope. I didn't.

I don't need to to know that banks don't create money. Only the central bank does (~inflation tax).


loool

yes every peny is real and banks are not creating extra money with the loans!
what a trol!!!
2013-02-08 15:36:48
I don't admit anything.
It's only useless to talk with a continue words twisting. you are right in some aspects, but my speech is still valid.. but I don't have so much time to lose in discussing USA's public balance spending and their stability economic policy.
yes every peny is real and banks are not creating extra money with the loans!

That's not money creation. That's natural multiplication of money. (And to do it, you need two parties, not only the banks. So at least blame the individuals that agreed with the banks too.)

This is by the way one of the core reasons why the West is so rich nowadays. The rise of Protestantism and the development of the banking sector. Being against loans is like being against wealth. It's rather stupid.
2013-02-08 15:51:36
you are right in some aspects, but my speech is still valid..

Those aspects are the basis of your speech. So no, your speech is no longer valid. One monetary policy and internal regional competition are compatible.
natural multiplication

Well, you can laugh, but in the end, who's being the idiot here?
2013-02-08 16:03:39
I don't understand, what is funny about natural multiplication. Could you explain it?
definitely you
Well, somebody asked a question. Explain to us - the unknowing - why the multiplication of money is so funny.
2013-02-09 08:35:51
Those aspects are the basis of your speech. So no, your speech is no longer valid. One monetary policy and internal regional competition are compatible.

ehm. as i said, it think is useless to discuss about it here and with you.
so please don't mess with my words.
You are right but you are wrong USA has many mechanism to compensate difference between states (some are the one you talked about) , unless it they would have splitted centuries ago!
2013-02-09 11:33:49
You are right but you are wrong USA has many mechanism to compensate difference between states

There are no direct 'solidarity' mechanisms in the USA. None.

(Believe me, I had a course in which we compared the federal financial systems of the USA, Belgium and Germany.)
2013-02-09 11:57:53
so you'll be able to read this (old) study:

link
2013-02-10 12:05:14
Then at least give some kind of summary about the conclusions of it.

That's why I'm pro European cooperation (for obvious reasons: economies of scale), but against this European Union.

you are student, you know nothing about real economy of companies.
Go and ask a lot of company' bosses (especially bosses of international companies) if EURO or join currency help their business or not. EURO helps companies growing and exporting and it gives them as you said economies of scale.

european cooperation can make free trade and duty free zone, but if there are not rules and commitments/responsibilities all this is based just on promises and this is not working, especially in times of crises.

european union can make all this much more stable, there is only one mistake of EU, that leadership is weak and they are too scary to give first punishments for breaking rules.