Aug
4


Government makes money (literally). But then there must be something productive done for a society to prosper so people serve each other through some service or product. However as such I or you cannot create money to pay for someone’s service/product. How is money created by governent released in market, on what basis government releases money? What is role of RBI ? when government releases moeny in market is it buying something in return but then who does it buy from ? Somehow, somewhere services/products created by society are finally getting to RBI (so that it can release money) but how ? Please explain.

Aug
4


This person emailed me saying that he has 25 mil. he can’t get to unless he puts it in my acct. It’s a scam but how can I report this email? This is what the email said:

“AFRICAN PETROLEUM PLC, WEST AFRICA
It is such a pleasure for me to contact you and with respect, I am Dr. ABBA UMAR former managing Director of African Petroleum {AP}. I was appointed to head the Oil marketing Company in 1991. Having handed over to my successor and subsequent embarkment on privatisation. There are some concealment of funds from a Finance House, an external auditors which conducted due diligence for the Bureau for public Enterprises {BPE} on AP, prior to it’s Privatisation.

My account is being investigated by Government appointed commission. I want you to assist me secure some money into your company’s account or private account to avoid been seized by my government. The sum is $25m {twenty five million United States dollars }and I will gladly compensate you with 15% after the deal is done.”
Thanx for the responses–I KNOW it’s a scam, I just want to know if I should send it to an authority, because it might be a risk, i.e. terrorists or something.

good business