So, Harvard sees no problem in an exchange rate change based on turning 500 into 1500 and also not that way more moved in the books.
So, if I have a Real Estate and take a credit on that house, there are two kinds of money created in the books within this monetary system.
Cash and Security.
The Security is the estimated value of the Real Estate needed as a security by the borrower for the lender to become a borrower.
That value is put into the Lender's books, but no cash was spent. The amount of circulating money does not change. Basically, the Lender has money he can't spend.
The Borrower in opposite has money to spend and does so.
In the overall system money of totaly different kind is listed as equal.
So, the house is worth 100. The credit given is 30. That means that all together the system has 130, but only 30 will start doing what money does. Create exchange down to time in Starbucks for cash so others can have a Coffee to go for cash.
The impact on the Top Level is that the exchange rate between Yuan and Dollar is not representing real trade of Goods even risking the export and import economy with way more jobs attached than that one industry who is in need of money that does what money does.
Try to have MERK take a credit on a 20 years in service ship to buy another one with the wording: "Proof of business concept!" or a Toyota Truck owner on his 200.000 km truck for a new trailer by: "Proof that I can drive products".
But I have 500 and need 1500 to do what I always do, that's fine??
?
Banking Licence and a Central Banker on Speed Dial. That's why. And only why.
#cyberpunkctoure
in a system that harbours GeStPo tactics for profit from marker position abuse to Blood Diamonds and Drug Money Laundering with all strings attached.
Like PsyOps neighbours placed to hit the Messiah List Prime Spot Holder on Borrowing Credit Lended... until they steel the content...pushing a junky into sight.
Blablabla
