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kevthorne
Member since May 2012
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has posted a comment on the article :
>Negative Interest Rates Are ILLEGAL - Jeff Nielson  - Sprott Money - 
That type of 'capital investment' to realise money is generally known as 'dividend' raised through the purchase of shares - as you rightly state, this is known as profit - and is earnt. It is incorrect to call it interest, which is un-earned income, as I showed above.
During the 19th and early 20th centuries share issues were made to facilitate new ventures - not bank loans.
The other phenomenon you speak of is one known as managed money, and to be called this it is necessary for it to be derived from commodity money: in the 30's in GB the commodity was Gold.


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Beginning of the headline :We used to live in societies which observed the Rule of Law. Among the many great ironies and perversities of our social/legal devolution is this. Many of our fundamental principles of law (and justice) were such an integral part of our lives that they were taken for granted, and thus rarely discussed in explicit terms. Now, in the Corrupt West, many of these same principles of law/justice have been forgotten – seemingly erased by our lawless governments. One of these elementary principles of... Read More
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