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Doesn't anyone owe us money??

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    #31
    Originally posted by threaded View Post
    Actually there's one I know off set up by a bunch of right dodgy characters. They seem to do OK.
    Did it ever involve an airline?

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      #32
      Originally posted by The_Equalizer View Post
      So if I can start a bog standard retal bank and not do anything daft, it's the road to easy life?
      You'd be fine, but if you charge interest on what you lend out (and pay interest on what you borrow as deposits) then you're creating money out of thin air.

      If you're the central bank, and there is only £100 in circulation, and you lend it out at 10% interest expecting £110 back, where does the extra £10 come from?

      This is what has led (ultimately) to the current situation.

      Probably the only good thing about Sharia.

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        #33
        Originally posted by fullyautomatix View Post
        Diversity Managers, NHS Managers, Quangoes.
        But... we were told all that extra spending was on policemen, doctors and nurses.

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