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Thursday, 12.12.2013.

13:47

FX reserves/M1 money supply ratio at 332 percent

The National Bank of Serbia (NBS) has announced that foreign exchange (FX) reserves totaled EUR 10,362 million at the end of November.

Izvor: Tanjug

FX reserves/M1 money supply ratio at 332 percent IMAGE SOURCE
IMAGE DESCRIPTION

4 Komentari

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Michael Thomas

pre 10 godina

Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.
(Micheal Thomass, 12 December 2013 20:54)

Banksters have the power to create money to pay for propaganda. Part of this involves paying High School dropouts to trawl the Internet and send comments which attack those who challenge the bankster elite. The comment above was written by one of these dropouts.

Money creation is done by 1. Printing notes and minting coins. This is done by governments and is good. Notes and coins, however, represent less than 1% of all money in circulation. 2. The other money creation is called “credit.” This is created by banksters who control over 99% of all money in the world. Every time you use a credit card, cheque, or debit card, money is “created.” It was created by banksters who charge a fee for its use. Banksters call this fee “interest” and pretend they pay depositors for the use of their funds. This is central to the bankster crime, no depositor money is ever lent. Depositor money always stays in the bank and is called “Reserves.” The more Reserves a bank has, the more credit it can create. Banksters lend up to 100-times the amount of Reserves they hold. If I deposit 10 euros in a bank, I get paid 0% interest, but the bank can convert my 10 euros into 1,000 euros credit to be lent to borrowers at 10%, 20% ... up to 6,000% interest. It is not hard to see why banksters want to keep their racket going.

Micheal Thomass

pre 10 godina

Let me take this opportunity to mention that the Serbian government should print enough Dinars to make sure that every Serbian citizen has a big salary and a bed of money to sleep on. This is the only way Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.

WiseMan

pre 10 godina

NBS is not easy to ensure stability, especially because of borrowings which are taken in the past 12 years. In any case, the governor and her team of people are trying to maintain the level of foreign exchange reserves that provide a more or less normal functioning state.

WiseMan

pre 10 godina

NBS is not easy to ensure stability, especially because of borrowings which are taken in the past 12 years. In any case, the governor and her team of people are trying to maintain the level of foreign exchange reserves that provide a more or less normal functioning state.

Michael Thomas

pre 10 godina

Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.
(Micheal Thomass, 12 December 2013 20:54)

Banksters have the power to create money to pay for propaganda. Part of this involves paying High School dropouts to trawl the Internet and send comments which attack those who challenge the bankster elite. The comment above was written by one of these dropouts.

Money creation is done by 1. Printing notes and minting coins. This is done by governments and is good. Notes and coins, however, represent less than 1% of all money in circulation. 2. The other money creation is called “credit.” This is created by banksters who control over 99% of all money in the world. Every time you use a credit card, cheque, or debit card, money is “created.” It was created by banksters who charge a fee for its use. Banksters call this fee “interest” and pretend they pay depositors for the use of their funds. This is central to the bankster crime, no depositor money is ever lent. Depositor money always stays in the bank and is called “Reserves.” The more Reserves a bank has, the more credit it can create. Banksters lend up to 100-times the amount of Reserves they hold. If I deposit 10 euros in a bank, I get paid 0% interest, but the bank can convert my 10 euros into 1,000 euros credit to be lent to borrowers at 10%, 20% ... up to 6,000% interest. It is not hard to see why banksters want to keep their racket going.

Micheal Thomass

pre 10 godina

Let me take this opportunity to mention that the Serbian government should print enough Dinars to make sure that every Serbian citizen has a big salary and a bed of money to sleep on. This is the only way Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.

Micheal Thomass

pre 10 godina

Let me take this opportunity to mention that the Serbian government should print enough Dinars to make sure that every Serbian citizen has a big salary and a bed of money to sleep on. This is the only way Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.

Michael Thomas

pre 10 godina

Serbia can be free of the Jewish overlords and for every Serbian citizen to be a zillionare.
(Micheal Thomass, 12 December 2013 20:54)

Banksters have the power to create money to pay for propaganda. Part of this involves paying High School dropouts to trawl the Internet and send comments which attack those who challenge the bankster elite. The comment above was written by one of these dropouts.

Money creation is done by 1. Printing notes and minting coins. This is done by governments and is good. Notes and coins, however, represent less than 1% of all money in circulation. 2. The other money creation is called “credit.” This is created by banksters who control over 99% of all money in the world. Every time you use a credit card, cheque, or debit card, money is “created.” It was created by banksters who charge a fee for its use. Banksters call this fee “interest” and pretend they pay depositors for the use of their funds. This is central to the bankster crime, no depositor money is ever lent. Depositor money always stays in the bank and is called “Reserves.” The more Reserves a bank has, the more credit it can create. Banksters lend up to 100-times the amount of Reserves they hold. If I deposit 10 euros in a bank, I get paid 0% interest, but the bank can convert my 10 euros into 1,000 euros credit to be lent to borrowers at 10%, 20% ... up to 6,000% interest. It is not hard to see why banksters want to keep their racket going.

WiseMan

pre 10 godina

NBS is not easy to ensure stability, especially because of borrowings which are taken in the past 12 years. In any case, the governor and her team of people are trying to maintain the level of foreign exchange reserves that provide a more or less normal functioning state.