Money vs Credit / Debt

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Super Inflation! Economic Crisis!

THERE IS NO MONEY! Obama-Nomics, is not working! Barack Obama won't be repairing Wall Street, that is not going to happen with super inflation on the taxed dollar. Invest in Gold...Silver...Diamonds...they do not lose their value! Buy what you are going to need in this recession because it is going to get a lot worse. Hang on for one hell of a ride!!!

 

Updated: 11.08.09

Money as Debt (15 videos) 

Animated Videos

By the simple way that money is created, the human mind is repelled.
Every time we take a loan from a bank we make ourselves debtors who
are deeper and deeper in debt, paying interests and finance fees.
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Money vs Credit!

Coins 

What is Money? 

Money means a medium of exchange authorized or adopted by government. In usual and ordinary acceptation it means gold, silver, or paper money used as circulating medium of exchange. It does not embrace notes, bonds, evidences of debt, or other personal or real estate. Currency; the circulating medium is cash.

The term moneys is not of more extensive signification than money, and only means cash and not things of action.

In its strict technical sense, money means coined metal, usually gold or silver, which the government stamp has been impressed to indicate its value. In its more popular sense, money means any currency, tokens, bank-notes, or other circulating medium in general use as the representative of value.

The simple meaning of money is current coin, but it may mean possessions expressible in money values. Money has no technical meaning, but is of ambiguous import and may be interpreted having regard to all surrounding circumstances under which it is used. Money is often and popularly used as equivalent to "property". Money means wealth reckoned in terms of money; capital dealt in as a commodity to be loaned, invested, or the like; wealth considered as a cash asset. In its more comprehensive and general sense, it means wealth. The representative of commodities of all kinds, of lands, and of everything that can be transferred in commerce. A general indefinite term for the measure and representative of value.

Credit Card Debt vs Interest 

This is just makes good sense.

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What is Credit? 

Credit is provision of resources, such as a loan by one party to another party where reimbursement is not immediate, thereby creating debt, and arrangements are made to repay those resources at 'equal value' at a later date. The lender is called the creditor, and the borrower is called the debtor.

A sum credited on the books of company to person who appears to be entitled to it. ( Blacks 4th Edition )

Credit doesn't need to be based on the formal monetary system. The credit concept can be applied in barter economics based on the direct exchange for goods and service. Societies Credit - Debt relationship?

What is Debt? 

Debt is that which is owed; usually referencing assets owed, but the term can cover other obligations. In the case of assets, debt is a means of using future purchasing power in the present before a summation has been earned. Some companies and corporations use debt as a part of their overall corporate strategy.

A debt is created when a creditor agrees to lend a sum of assets to a debtor. In modern society, debt is usually granted with expected repayment. In many cases, plus interest. Historically, debt was responsible for the creation of indentured servants.

Debt and credit are formal bookkeeping and accounting terms. They are the most fundamental concepts in accounting, representing the two records that one party in a transaction makes on its records, transferring a money balance from one account to another. One representing a reduction of liability or increase in asset. The other representing a balancing increase in liability or reduction of asset.

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Money vs Credit News Posts from Google 

Low-cost airlines grab 30% of travel market vs. traditional rivals
He says easy credit in the first half of this decade put an extra $500 billion into US consumers' pockets, some of which got spent for seats on planes. ...
Big Ten mailblog
Several e-mailers have asked about Penn State vs. Wisconsin. If the Badgers win out, they'll finish with five consecutive wins, while Penn State would have ...
Making or Breaking US Small Businesses
?Owners do not see credit conditions easing much in spite of the Federal Reserve's hugely expansionary policies,? according to a recent National Federation ...

Money vs Credit Blog Posts by Google 

Difference Between FDIC and NCUA | Difference Between | FDIC vs NCUA
The various financial institutions in the US own the credit unions. Those who are members of the NSUA are able to engage in various financial activities like depositing funds or borrowing money or participating in investments. ...
Debit Cards vs. Credit Cards: Do You Prefer Debt, Fees, or Both ...
Debit cards have been presented as the safer alternative to credit cards. A credit card is something of a temporary loan operation, allowing you to buy things with money you may or may not have, creating a situation in which it's easy ...
Start Making Year-End Tax Moves Now and Save Big Money ...
Honestly, I think you can still save more money buying a used car vs. new, but this tax credit can help take some of the bite out of that new car purchase. This tax credit allows you to deduct sales and excise taxes and other fees on as ...

Where To Invest

Invest in Metals

Solid Investments

Gold Commodities! 

Gold is one of the most searched on eBay.

14k Gold Bracelet with 22k Gold Coin Charms

Amazon Price: (as of 11/10/2009) Buy Now

$10 Gold Liberty - BU Collection

Amazon Price: $1,195.00 (as of 11/10/2009) Buy Now

2006 American Buffalo Gold Proof Coin NGC PF70

Amazon Price: (as of 11/10/2009) Buy Now

The Stimulus Package 

More Debt!

Any so-called "Elected Government" or member thereof that does not acknowledge the FRB is the sole problem of the current economic crisis is a part of the fraud and continuing criminal enterprise and is in fact a criminal and should be prosecuted. They are your enemy and to every generation.

Pushing Rope: Charlie Crist Profile in Courage: Stimulus Package ...
That letter proves Crist pushed for the stimulus package. Crist even recorded an audio address expressing his support of the stimulus package. What this comes down to is Crist lacks the political courage to back his own policy positions ...
Economist's View: Counting the Jobs Produced by the Stimulus
Gary Burtless argues that the job creation numbers the administration issued underestimate the true size of the impact: Counting the Jobs Produced by the Stimulus, by Gary Burtless, Brookings: When the stimulus package was enacted last ...
okjimm's eggroll emporium: Corporate Stimulus Package..... I gave ...
Corporate Stimulus Package..... I gave at the Orfice. Posted by okjimm at 11:03 AM. 0 comments: Post a Comment · Older Post Home. Subscribe to: Post Comments (Atom). Blog Archive. Blog Archive, November (4), October (9), September (16) ...
TaxProf Blog: Hanak: State Infrastructure Spending and the Federal ...
Ellen Hanak (Public Policy Institute of California, San Francisco) has published State Infrastructure Spending and the Federal Stimulus Package, 62 Nat'l Tax J. 573 (2009). Here is the abstract: Nearly one-quarter of the $787 billion in ...

Alternative Investments

Alternative Investments 

A Recommended Book

The Only Guide to Alternative Investments You'll Ever Need: The Good, the Flawed, the Bad, and the Ugly

Amazon Price: $17.13 (as of 11/10/2009)Buy Now

Selecting An Online Stock Broker 

Money as Debt

Business Resources 

Before and after Graphics for Business

Squid Email Help Resources - Women For Hire

Cost of the War in Iraq 

We need to wake up! If we, America is trillions of dollars in debt, how in the world are we funding the war in Iraq? We are funding it with credit, which equals more debt! We will never be out of debt, so don't be fooled by anyone about that. We can never pay off the national debt. Our economy can improve though.

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Money vs Credit, or is that Debt? - Guest Book 

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Lensmaster

Shelly wrote

Just listened to the Money Talks video here--its something that everyone should hear--all common sense. I like the part that says that it makes no sense to fill in a hold if you are just digging another one--must stop spending and limit debt as much as possible in these times. We have no debt and enjoy living quite frugally with a few extras here and there. For instance, we did take a mini vacation last week and spent the 2nd night in our own bed rather than paying a motel on the road and still had plenty of time to go to antique shops and our favorite restaurant in Trempealeau.

Reply Posted October 23, 2009

Tipi wrote...

in reply to mitchking Good point Mitch, I do practice that. Right now if people use an ATM machine and end up with an over-draft, they are being charge ridiculous fees by banks. Its not a funny story at all if you've heard it about it on the news. ~ Thanks for your in-put!

ReplyPosted September 17, 2009

mitchking wrote...

By only carrying cash with you there is no worries about buying things you really cannot afford.

ReplyPosted September 17, 2009

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A Little About The Publisher - Tipi 

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Lensmaster Tipi, aka Susie Lehto, has been a member since June 26 2008, has rated 2,660 lenses, favorited 2,360, and has created 82 lenses from scratch. This member's top-ranked page is "Kevin Skinner's Fans: AGTL Pictures~GuestBook". See all my lenses

My Bio

May the road rise up to meet you. May the wind be always at your back. May the sun shine warm upon your face. May the rains fall soft upon your field. Until we meet again, my friends, May God hold you in the palm of his hand. ~ I'm working at home and living off my Squidoo income. I have 3 adult children and 3 grandchildren. I have a wonderful family and lots of love. Artist!

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