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5 Bumps

Ever play monopoly? Do the rules of monopoly sound familar to our current banking system and the Fed reserve?

Besides the Bank's money, the Bank holds the Title Deed cards and houses and hotels prior to purchase and use by the players. The Bank pays salaries and bonuses. It sells and auctions properties and hands out their proper Title Deed cards; it sells houses and hotels to the players and loans money when required on mortgages.

The Bank collects all taxes, fines, loans and interest, and the price of all properties which it sells and auctions.

The Bank never goes "broke". If the Bank runs out of money it may issue as much more as may be needed by merely writing on any ordinary paper.

 
jewjewbee

Asked by jewjewbee at 9:20 AM on Feb. 14, 2011 in Politics & Current Events

Level 35 (76,199 Credits)
This question is closed.
Answers (7)
  • And you don't get $200 when you pass GO
    ++++++++++++++++++
    no, just several thousand dollars if you file your taxes under a certain amount of income...
    lovinangels

    Answer by lovinangels at 3:28 PM on Feb. 14, 2011

  • LOL, sounds like the real life rules to me.
    Carpy

    Answer by Carpy at 9:23 AM on Feb. 14, 2011

  • Sounds exactly how our banking and fed reserve is set up.

    QuinnMae

    Answer by QuinnMae at 9:28 AM on Feb. 14, 2011

  • I don't know JJB.....there is no Free Parking with a "pot" to collect for landing on it...... LOL!
    yourspecialkid

    Answer by yourspecialkid at 11:14 AM on Feb. 14, 2011

  • Wasn't that the point of the game?
    itsmesteph11

    Answer by itsmesteph11 at 9:35 AM on Feb. 14, 2011

  • And you don't get $200 when you pass GO ~
    tasches

    Answer by tasches at 3:05 PM on Feb. 14, 2011

  • No, Monopoly has rules. And you can actually go to jail.
    peggy572

    Answer by peggy572 at 2:33 AM on Feb. 15, 2011