In the dialogues with real people but I have found that some of my metaphors are designed to fix the issue to those who knew nothing about the problem.
So here is my brief introduction on the "seigniorage", obviously from my point of view.
Imagine having gold, silver or other precious metals, and want you to secure.
Then go to a jeweler or a bank and say "I leave here these valuable if you assure me that in case of theft pay me their value". (by this time we omit the difference and call it "counter" those who accept your precious metals). The Bank will respond by saying "yes", ensures your gold, it tells you that your gold is worth only a certain amount because "used". Note that this mechanism is that the pledge, e notare che l’oro usato Ã¨ sempre oro, and it does not decays with time.
However, the Bank will issue a special "deposit note", which takes its name from Bill. From that moment you go around with your bill in your pocket, glad to know you have your wealth safe.
One day, walking in front of a shop Cars, and you fall in love with a car made just how long you wanted. The price is outstanding, ed Ã¨ rimasta l’ultima. You decide to buy it on the fly. The seller asks you : â€œScusi, how will you pay for ". And you: "Look at this note, shows that can not allow. If you wait half a day, I go to the Tour, I do give money or my metal, and then port it to him right away ". "Very well!"Says the trader" since you pay once I make the discount. But , if it brings money or precious metal with it, It could be robbed. Then , if you prefer, to me it's OK to a Banco bill that says that the owner of the metal deposited is me. What do you say?â€. "Of course", you answer, “better to be cautious”. Without wanting to have invented the’ "Check", a special bank note with which the recipient can go to the bank and withdraw the metal.
The car salesman, with its beautiful check, the next day he went to the tailor to pay the wedding of her daughter dress, and he says to the tailor: "I felt, instead of giving you money you do’ this check, I'll "ride" with my signature that proves that the dealer must give you the precious metal and not me. "The tailor accepts. And the next day he went from the bench which, Finally, pulls out the precious metal and gives it to the tailor. The tailor, however, it reflects and says "can not keep it and give me a deposit note ?â€. The bank accepts.
All clear up to here? They spend the time and the years, e tutti trovano comode le â€œbanconoteâ€ come se fossero l’equivalente reale dell’oro. By now no one goes to pick up the metal, and indeed he is also happy to have the bill read read instead of metal.
By the time it is even useful to have "standardized" banknotes, ie without the owner's name, and with values â€‹â€‹determined as above 5, 10, 20, 100, 500, 1000 ……. unitÃ . So , al momento del pagamento non c’Ã¨ nemmeno piÃ¹ il problema di firmare la â€œgirataâ€. He’ invited the "currency", che per comoditÃ si trasforma anche essa in carta o “paper money”.
your, il venditore d’auto, the tailor etc. etc.. you live thinking that every bank note and coin corresponds to a "deposit" real. Per tutti Ã¨ una dato scontato che da qualche parte l’oro C’E’.
One day, venite a sapere che in realtÃ il banco non ha tutto l’oro depositato, but only a small portion or "fractional reserve", because the dealer also gave on deposit its metal to a safer bench, supervised with large deposits, which is called "central bank" : there even the government puts money. Do you feel more secure and used banknotes with even more confidence.
Well. It happens, however, that the bank at some point is exposed because they did build houses to sell, but he can not sell them for years. Il banco ha giÃ pagato una parte dei lavori, but the manufacturer wants to be paid in full. In short, lack of money, and if the bank were to return all the metal equivalent to the circulating banknotes would not have enough.
The bench, however, plans to give the builder of the banknotes with which declares that the deposited metal and the same bank. The manufacturer uses them with other suppliers, and no one notices a simple fact: THE BANK NOT SUBMITTED ANY HIS GOLD !
After a while’ the desk, He understands that the game holds up, and to better simulate it decides to do another thing dishonest: scrive nel registro dei depositi che egli ha depositato l’oro, e poi scrive nel registro dell’oro mandato al banco centrale che una certa quantitÃ Ã¨ stata depositata. done.
The fact that the bank, fraudulently and false, claims to have "values" deposited in the central bank, It is the creation of money from nothing, ie one of the aspects of the Seignorage.
Thanks to this trick, the dealer creates all the money = banknotes they want without having to do anything in return. Somehow makeup accounts and so.
You say that it is impossible ? Well, la bugia Ã¨ andata cosÃ¬ oltre nel tempo e nella quantitÃ che non solo il banco ma anche il banco centrale ha cominciato a fare della banconote di deposito sul nulla, and strong coffers of the central bank are completely empty. Today the money supply does not match any real good, are just pieces of paper.
Il giochino si Ã¨ ulteriormente evoluto con l’avvento della â€œmoneta elettronicaâ€ , which it allowed banks to also eliminate the evidence of the scam, namely those banknotes of autodeposito that they were.
Lo scossone finanziario dell’impero ( currently “American”) in August 2007, it was only the first shock of a series that awaits us, because the fact is that the monetary system no longer holds.
He’ una grande catena di SantAntonio basato sull’usura di chi stampa moneta senza aver nulla in riserva (seigniorage). now known Thanks to this mechanism “creation of money from nothing” O “Out of nothing” was held up a hidden power of world government which for several centuries wages wars against anyone who threatens this monopoly.
The stock market crisis is being addressed through the "placing" of hundreds of billions of euros and dollars into the financial system: tons of new cards printed dollars and Euros are circulated, and they are given to stock traders connected to the banks that made bad investments on people and unreliable companies.
This system takes up the robbers at the expense of honest. Le banche continuano a stampare e mettere in circolo banconote senza che ad esse corrisponda il benchÃ© minimo debito delle Banche stesse verso il popolo che dovrÃ pagare i debiti.