Funny Meme

Funny meme about the big bank bailouts scam

• https://i.imgflip.com/4vshfq.jpg

• https://archive.md/i6FKn

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Four Alternatives to Big Banks Bailout, Fed, and FIAT

Alternative 1. Abolish the Federal Reserve. Then replace the FIAT with a DECENTRALIZED crypto.

Five steps:

1. A total separation between banking and state. Source at https://youtu.be/dg0aysCJZyc?t=13m15s

2. New ideas. Source at https://youtu.be/dg0aysCJZyc?t=13m25s

3. A new rule about NO fraud. NO lies about the currency value. Source at https://youtu.be/dg0aysCJZyc?t=16m04s

4. Abolish the Federal Reserve. Get rid of it. Source at https://youtu.be/dg0aysCJZyc?t=16m52s

5. Replace the dept-based FIAT currency with a really DECENTRALIZED cryptocurrency (crypto). NOT a centralized crypto. Definitely NOT the centralized Central Bank Digital Currency (CBDC).  Examples of really DECENTRALIZED cryptos which are not dept-based:

______• Bitcoin at https://bitcoin.org 

______• Monero at https://www.getmonero.org

Alternative 2. Bail out the big banks. But conditional to fully converting them into big CREDIT UNIONS.

Credit unions are really good for YOU the citizens. Because they give all their profits to YOU as their customers. In other words, YOU the local and domestic citizen get your credit union profits. In comparison, most banks profit are often hoarded by secret & foreign shareholders. In other words, credit unions value YOU the people above money.

"In the US, public trust in credit unions stands at 60%, compared to 30% for big banks"

"Small businesses are 80% less likely to be dissatisfied with a credit union than with a big bank."

All of the above means that instead of bailout the big banks, you bailout the PEOPLE

u/#paw

Source and details:

• https://en.wikipedia.org/wiki/Credit_union

___• https://archive.md/94hyY

• https://blog.glia.com/4-major-differences-credit-unions-banks/

___• https://archive.ph/2M4pm

Alternative 3. SUPPORT SMALL BANKS. Manage the failure of big banks.

After the big banks are closed and the small banks are supported, you get a stronger economy. Simply because the increased healthy competition promotes innovation and lowers the costs of services from the banks. In other words, your costs go down. In turn, your profits go up.

By "manage the failure of big banks" I mean for example, but not limited to, the government takes full control of the big banks. Break their assets into small and equal parts. Redistribute those equal parts to appropriate small domestic financial institutions. Including both small banks and small credit unions.

u/#burry

Alternative 4. MIX.

A mix of alternatives 1, 2 and 3 above.

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Why is the Federal Reserve BAD for working citizens?

• The Federal Reserve is rigged for the benefit of its exclusive members. For example, the member banks get paid 6% commission. Source at https://youtu.be/dg0aysCJZyc?t=6m54s

• The exclusive members of the Federal Reserve get pay dividend, they get special benefits, it is easier for them to get loans. Source at https://youtu.be/dg0aysCJZyc?t=6m20s

• The exclusive members can get stock in the Federal Reserve. But you can NOT. Source at https://youtu.be/dg0aysCJZyc?t=8m7s

• The Federal Reserve is a deceptive organization. They deceive you the working citizens. For example:

______• The Federal Reserve is NOT there to regulate the economy. Source at https://youtu.be/dg0aysCJZyc?t=8m46s

______• What the Federal Reserve really do is making plan for themselves. Not for you. Source at https://youtu.be/dg0aysCJZyc?t=9m14s

______• The members of the Federal Reserve take advantage of you the working citizens. Source at https://youtu.be/dg0aysCJZyc?t=9m28s

______• Federal Reserve first priority is to protect and serve their members. NOT you the working citizens. Source at https://youtu.be/dg0aysCJZyc?t=9m37s

______• The Federal Reserve does trillion of dollars of bailout for their members. Which is related to privatizing the profit for their members, but the Federal Reserve socializing the bailout costs to you the working citizen. Source at https://youtu.be/dg0aysCJZyc?t=14m34s

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Why big banks bailout are bad for you the citizens?

Former presidential candidate Ron Paul opposes the bailout plan.

"No. I just disagree with [bailout] because although they might get a little reprieve, ultimately what they're doing is destroying the dollar, they're inflating the currency that is, since we don't have the money, they'll create this money and credit out of thin air which devalues the currency and which inevitably leads to inflation. And that's the tax and that's why the poor and the middle class eventually get wiped out when a country does this to their currency."

u/#happening

Source :

• https://www.npr.org/templates/story/story.php?storyId=94926280

___• https://archive.ph/rPDLI

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What Is Privatize Profit and Socialize Cost?

In summary, this strategy is really bad for you the working citizens

In details:

Privatizing profits and socializing losses refers to the practice of treating company earnings as the rightful property of shareholders and company losses as a responsibility that society must shoulder. In other words, the profitability of corporations is strictly for the benefit of their shareholders. But when the companies fail, the fallout—the losses and recovery—is the responsibility of [YOU] the general public.

Source :

• https://www.investopedia.com/terms/p/privatizing-profits-and-socializing-losses.asp

___• https://archive.ph/V3paA

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Questions

• If in 2023 or later someone tries again a bank bailout scam, will you get fool into it?

• Will you support big banks bailout or not?

• What are the other alternatives to bailout?

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Blog

More funny memes and disclaimer in my Blog at

https://www.minds.com/Francewhoa/blog/alternatives-to-big-banks-bailout-1482211002664620038

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