How do I become a bank?

[Lancer]

Pigdog, I like that. That means that I can have a billion or two just like everyone else. Yup, nice name.

[FrostyBoy]

Just curious, what exactly is this bail out supposed to pay off?

[Kidlicious]

Originally posted by FrostyBoy
Just curious, what exactly is this bail out supposed to pay off?

Pigdogs. Pay attention.

[Lancer]

Originally posted by FrostyBoy
Just curious, what exactly is this bail out supposed to pay off?

Its all about me. The big shots at AIG insurance used it to stay at a luxury hotel. I haven't stayed at a luxury hotel recently so I want some too.

[FrostyBoy]

If you want some, everyone else will want some too, then it will be spread too thin.

[Kidlicious]

Originally posted by FrostyBoy
If you want some, everyone else will want some too, then it will be spread too thin.

They can alwasy print more.

[Aeson]

Luxury hotel printers? Awesome

[Unimatrix11]

Of course i can create money: I lend some real money to a creditable person (who is renowed to be creditable), and have that person subscribe an I.O.U. Then i go with that IOU to another person, who knows of the creditability of the person i lend, too, and pay him with my IOU. The IOU became money and so is the money i lend out -> money doubled... or am i missing something ?

[Kidlicious]

Originally posted by Unimatrix11
Of course i can create money: I lend some real money to a creditable person (who is renowed to be creditable), and have that person subscribe an I.O.U. Then i go with that IOU to another person, who knows of the creditability of the person i lend, too, and pay him with my IOU. The IOU became money and so is the money i lend out -> money doubled... or am i missing something ?

Sure, but what are you doing to do when people default on their debt? Hook your printer up of course.

[Unimatrix11]

Well, as soon as i paid with the IOU, that isnt really my problem anymore, now is it ? I´d take the interest on that creditable persons debt as some sort of bonus, but if it defaults, so be it - i never lost any money, and the missing hundred are not my problem anymore - i already spent them.

[Elok]

You can become part of a bank. Just doublecross the Teamsters a few times.

[Nikolai]

You need ridicolous amounts of money and a large, ineffiecent staff.