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  • Posted by t0n3s 1 year ago. There are 19 posts. The latest reply is from dowell.
  1. User has not uploaded an avatar

    I drifted off onto this topic accidentally in my other post and think I should move it to a new one.

    "Now even though I know I dont know enough about it, I've thought about it and Im sure Im not the only one. What would happen if we actually started a Zeitgeist Bank. The biggest scam in the world? Honestly, unfortunately it is possible. However it also could work. Not a pile in the street to take it "out of circulation" but a pile in a bank vault all our own ???

    Alas I am not smart enough for that one. But I like the idea."

    Let's do this
  2. User has not uploaded an avatar

    i like the concept

  3. User has not uploaded an avatar

    Looks like it just you and I mick, lets start "TZM Bank of Queensland" LOL

    I have $100.00 so therefore if I have this fractional reserve thing close to correct we can loan 10x that out and create more money.

    We just made our first thousand mate how do ya feel?

    To infinity and beyond!!!

    ps. If I loaned the money to myself, bought shares in the bank then defaulted on my loan causing the bank to take my shares, would the bank own itself plus interest? Would that be growth? Making the shares worth more and therefore the bank worth more? So we could then make more loans and more money?

  4. User has not uploaded an avatar

    ok ill do the n.s.w branch,thats quite the question,some1s gotta pay

  5. Sipka

    just don't get seduced by the evil monies lol. But in all seriousness I guess it would be like a credit union.

    The question I have is: for the credit union/bank to increase the amount of money it holds would it be required to get donations, account holding fees or interest out of loans?

  6. User has not uploaded an avatar

    a zietgeist community credit union,now theres a really good idea,what r the reqs needed to start,i have seen alot em spring up l8ly

  7. dowell

    Equal rights???

    A SENIOR MOMENT - An elderly lady actually wrote this letter to her bank. The bank manager thought it amusing enough to have it published in The Times and this newspaper thanks him most sincerely.

    Dear Sir,

    I am writing to thank you for bouncing my cheque with which I endeavoured to pay my plumber last month. By my calculations, three 'nanoseconds' must have elapsed between his presenting the cheque and the arrival in my account of the funds needed to honour it. I refer, of course, to the automatic monthly deposit of my Pension, an arrangement which, I admit, has been in place for only thirty eight years. You are to be commended for seizing that brief window of opportunity, and also for debiting my account £30 by way of penalty for the inconvenience caused to your bank.

    My thankfulness springs from the manner in which this incident has caused me to rethink my errant financial ways.

    I noticed that whereas I personally attend to your telephone calls and letters, when I try to contact you, I am confronted by the impersonal, overcharging, re-recorded, faceless entity which your bank has become. From now on, I, like you, choose only to deal with a flesh-and-blood person. My mortgage and loan payments will therefore and hereafter no longer be automatic, but will arrive at your bank by cheque, addressed personally and confidentially to an employee at your bank whom you must nominate.

    Be aware that it is an offence under the Postal Act for any other person to open such an envelope.

    Please find attached an Application Contact Status which I require your chosen employee to complete. I am sorry it runs to eight pages, but in order that I know as much about him or her as your bank knows about me, there is no alternative. Please note that all copies of his or her medical history must be countersigned by a Solicitor, and the mandatory details of his/her financial situation (income, debts, assets and liabilities) must be accompanied by documented proof.

    In due course, I will issue your employee with a PIN number which he/she must quote in dealings with me. I regret that it cannot be shorter than 28 digits but, again, I have modelled it on the number of button presses required of me to access my account balance on your phone bank service.

    As they say, imitation is the sincerest form of flattery

    Let me level the playing field even further. When you call me, press buttons as follows:

    1-- To make an appointment to see me.

    2-- To query a missing payment.

    3-- To transfer the call to my living room in case I am there.

    4-- To transfer the call to my bedroom in case I am sleeping.

    5-- To transfer the call to my toilet in case I am attending to nature.

    6-- To transfer the call to my mobile phone if I am not at home.

    7-- To leave a message on my computer (a password to access my computer is required. A password will be communicated to you at a later date to the Authorised Contact.)

    8-- To return to the main menu and to listen to options 1 through 8

    9-- To make a general complaint or inquiry, the contact will then be put on hold, pending the attention of my automated answering service. While this may, on occasion, involve a lengthy wait, uplifting music will play for the duration of the call.

    Regrettably, but again following your example, I must also levy an
    establishment fee to cover the setting up of this new arrangement. May I wish you a happy, if ever so slightly less prosperous, New Year.

    Your Humble Client

    Addendum from The Editor:

    IMPORTANT to REMEMBER that this letter was written by a 98 year old woman.

    DOESN'T SHE MAKE YOU PROUD!!!

    earth care, people care and fair share.
  8. User has not uploaded an avatar

    Call me a boring hack, but doesnt this go against the ethos of TZM? The overall goal being the doing away with the monetary system holus bolus. However! i stipulate a however, the zeitgeist projects need funds to get off the ground in this current destructive system. Take collections and invest? maybe, just maybe a volunteer run credit union or something similar. Just ideas, not dictating here. I think if people are considering about profiteering from the exercise it's probably redundant.

  9. dowell

    Hi VoOmer,

    Just some tongue in cheek humour, to ponder.

    I have from a every early age, struggled with the paradox of living in a money free society when its your basic life support.

    Question is, do TZM use the system to develop another?.

    Until TZM have support bases for people to easily make the transition to a RBE.

    What strategy options do we have?.

  10. User has not uploaded an avatar

    Yeah I hear ya, I know that to even begin any positive change there needs to be some kind of resource acquisition. I like the idea please dont get me wrong! The irony is beautiful hahaha.
    Couldn't we 'donate' to our not for profit organisation, invest the TZM proceeds in some high return shares (using dividends to pay for administration of course) and get the tax break benefit for ourselves, reap the tax return and donate it again...and again....and again till hey! Everyday is Z-day!
    Or....maaayyybe i just got carried away lol

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