b3ta.com board
You are not logged in. Login or Signup
Home » Messageboard » Message 8824258 (Thread)

# My brother works for citibank
he knows all the ins and outs
(I helped save b3ta! Duke Otterby you pre-verts, Sat 11 Oct 2008, 17:32, archived)
# haha
well when you get chance ask him to show you the Citybank Vault containing the trillions worth
of literal currency that would underpin this ....
(I helped save b3ta! sutton a non-prophet organization!, Sat 11 Oct 2008, 17:35, archived)
# BY saying "Literla Currency"
presumably you mean Gold and other such commodities?

I can state for the record that Citibank do have physical reserves of Gold. Massive physical reserves....
(I helped save b3ta! Redsushi! Whoop! Whoop! Yes, that one!, Sat 11 Oct 2008, 17:42, archived)
# Massive physical reserves
yes but i bet it's no where near to the 9:1 (physical:imagery) ratio it should be to actually be able to pay peoples back in a massive run.

but I don't really care too much about it so I'll shut up, capitalism is sliding into fascism as was inevitable, it's time for a redo..
(I helped save b3ta! sutton a non-prophet organization!, Sat 11 Oct 2008, 17:47, archived)
# sliding into?
lol

already there :D
(I helped save b3ta! discomeats This canoe, Sat 11 Oct 2008, 17:54, archived)
# indeed, with 1984
as the rule book it would seem.
(I helped save b3ta! sutton a non-prophet organization!, Sat 11 Oct 2008, 18:01, archived)
# Why would they need a 9 to 1 ratio of reserves?
(I helped save b3ta! Redsushi! Whoop! Whoop! Yes, that one!, Sat 11 Oct 2008, 18:00, archived)
# from what i read....
i was the max you could lend before it got ridiculous and imaginary, like today where nothing is real and it's all "confidence", but alas i think i'd prefer the gold (shit 1:9 got here before me ... no gold! no i will not accept confidence!)
(I helped save b3ta! sutton a non-prophet organization!, Sat 11 Oct 2008, 18:10, archived)