What did J.P. Morgan mean by this?

What did J.P. Morgan mean by this?

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bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy
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something that was probably relevant in 1912.

It was a lot more true when he was alive. Stop assuming 100 year old quotes neccesarily apply to today's economy.

Timeless advice. He's basically saying everything else a scam.

bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

CASH IS A IOU

Bitcoin FUD is old as fuck mate

Who cares he's dead so he can fuck off

by that logic, the economy is essentially a worldwide game of musical chair and the round restarts every decade

eventually there will be less and less people playing

I'm surprised that you didn't post his most recent views, user.

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LOOK AT THIS DELUSION

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

DO YOU EVER READ BOOKS? OR IS EVERYTHING THAT WAS SAID IN THE PAST COMPLETELY "NOT RELEVANT"


OH MY HAHAHAHAHAHAHAHAHAHHAA

LOOK AT THIS IDIOT

DOES THE US CONSTITUTION NOT APPLY BECAUSE IT WAS WRITTEN A LONG TIME AGO

OH LAD I AM HAVIN A LAF

> the economy is essentially a worldwide game of musical chair and the round restarts every decade

Yep.

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2012 is so last year
get with the times user

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>by that logic, the economy is essentially a worldwide game of musical chair and the round restarts every decade

at this moment, the normally retarded user has a sudden moment of crystal clarity as the reality of the world financial situation snaps into perfect focus.
... and then the moment passes and his mind becomes clouded again at the thought of Lambos and fucking traps.

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Probably something that was only relevant when Gold backed the Dollar.

>>>>>>

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Cause he was high on weed.

It's funny because he made all of his money by manipulating the US government.

That's the best thing one can do - FAK the government

a pillar of modern society indeed

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I LOVE YA!!!
FAK THE Jow Forums CAPTCHA AND COOLDOWN TIME.

Well said

thanks user
i have a 'KKK' id so i feel more inspired to shitpost and solve those damned recaptcha puzzles

I'm new here, what does 'KKK' id mean?

sub 80 IQ detected

detected

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