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Same time wages and working conditions of last. protests. when the company was taken over by french group b. martin pushpa hoped things would finally get better again he s on his way to a w m f works meeting on behalf of the i.g. metal labor union. he thinks it s symptomatic of today s age how easily a deal worth billions is made the investors at the big banks can get that hands on cheap money no problem the new owner paid one point six billion euro as. the idea of it so easy for investors to buy and sell businesses and. the chief huge profits you never achieve that through a company s day to day operations and of the question for me is to what extent is ....
Just that what do people now about the origin of money that s what they want to find out and in the scheme of the way from the university of seguin we re doing a research project about money what does money mean to you that you can do anything with that money and where does the money come from. not from a that s for sure. how is money made. through work of course. i m not sure in banks. noticed by the state and i couldn t tell you. the responses were sobering. thought it was really very delightful people had no response at all some said the bank all that it s just printed and some mention manipulation and i m on team are most had no idea. for years financial expert help their point kat has been annoyed that money plays almost no role in economics and many consider it ....
A privilege to create money and therefore profits out of nothing this privilege has been in the hands of the financial industry for a long time and didn t recent years it s been unchecked is that really such a good idea for us. the big banks in particular have massively increased the money deluge in this way as a way of imposing more controls on the financial system again private banks could be deprived of the privilege of printing money developed and sound ready underfoot in switzerland. and syria is a popular location with banks there s an initiative here that advocates reigning in the swiss banks in future it says only the national bank should be allowed to create money not private banks anymore the initiative is fighting for fully backed ....
Form a bank. now retired i can t say that with pride any more that casinos no. go lobby for me his son is beat up on paper it s way up my alley put up for knowledge the manipulation happens everywhere but i saw for a. way in the future generation of being robbed and i want to put thing in that i feel at the moment it s primarily the big banks who are pocketing the profits of this money making enterprise the swiss initiative wants these billions to benefit the country s citizens by only allowing the national bank to create money if we want to take away the right of banks to create money but we re not taking away a line of business they ll still be allowed to lend money and manage assets and oversee financial transactions from being at the banks you get to keep all of that . they want then national bank to play a key role in the future. private ....
A contract with the individual who s taking out the loan the bank hopes that person will pay it back someday that means the original impulse to create money comes from private banks. that s new to most people. many think a loan works like this save his take money to the bank and the bank lends this money to a customer such as someone buying a house or running a business. so that s not the case if someone has savings and their money is parked in a savings account the advantage for the bank is that person can t just take it out when the bank issues alone it s created from nothing on these two processes really don t have anything to do with each other even though it looks that way even though ....